| Category |
General |
| Description |
With increasing transaction volumes and complexity, managing cash has become
a major challenge. It is essential for financial service providers to manage money
effectively, because in cash management more than anywhere else “time is money”.
This course provides participants with a good understanding of cash processing and
management. |
| Content |
- Fundamental concepts of cash management
- Activities that belong to cash processing and their characteristics
- Time value of money and interest
- Foreign exchange markets and how they function
- Payment processing
- Roles and functions of SWIFT, TARGET, Fedwire, CLS and other cash-oriented systems
- Role of central banks
- Use of derivatives in cash management
- Spot and forward markets
- Risks and issues surrounding cash management and payments
- Managing cash placements
|
| Audience |
up to 12 participants |
| Duration |
1
days |
