RM Functions Features

Relationship Manager functions

Relationship Manager functions Relationship Manager functions are given below: Duties and Responsibilities: Preparing and implementing action plans and programs for mobilizing deposits, the opening of accounts, and obtaining new profitable corporate business. Consulting and advising customers on appropriate investment options. Marketing for deposits in both local and foreign currencies from […]

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Retail-banking functions

What is the Retail Banker Functions?

What is the Retail Banker Functions? Functions  of The Head of Retail Banking To grow Retail Banking business by providing effective leadership to the Business Unit’s staff and management of the department’s operations to optimize the acquisition of new customers; selling of Bank products; quality of customer management and maintenance […]

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IMF

International Monetary Fund (IMF)

International Monetary Fund (IMF) The (IMF) International Monetary Fund was originally created as part of the Bretton Woods system exchange agreement in 1944. The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary co-operation, secure financial stability, facilitate international trade, promote high employment and […]

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Objectives of the Bank

What are the objectives of the Bank?

What are the objectives of the Bank? Objectives and importance of Bank Bank has various objectives as per other financial organizations. But the banking organization viewpoint is exceptional than others. The objectives of the bank can be viewed from three different perspectives: 1)    The objective from the viewpoint of […]

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Blank-Commercial-Invoice

Commercial Invoice

Commercial Invoice Feature of Commercial Invoice : In international trade, a commercial invoice is an essential document that facilitates the smooth flow of goods and ensures compliance with customs regulations. A commercial invoice serves as a record of the transaction between the buyer and the seller, providing important details about […]

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Banker customer relationship

Banker and Customer Relationship

Banker and Customer Relationship Banker and Customer Relationship features: Customer: In general, any individual/organization that maintains an account with the bank is treated as a customer. But in some situations, Banker extends their services to the individuals/organizations even if they are not customers as defined above. According to the duration […]

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bank guarantee

What is bank guarantee?

What is bank guarantee? What is bank guarantee? A guarantee is a promise made by the person/organization (or guarantor) to the Banker that he will pay the present or future debt in case of default by the principal debtor. So the guarantor is undertaking to repay the debt in case […]

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