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Banking Industry in New Zealand

L4M4B
Price:
$339.00 +GST Non-member
$312.00 +GST Learning Partner
$283.00 +GST IBANZ Member

The Banking Industry strand is suitable for those in the banking industry seeking a basic overview of banking products, services, account structures and the mortgage lending process.

It contains one unit standard - 28202, and completion is required within 60 days. Assessment is by way of written answers.


Learning Units Included

Banking Industry in New Zealand

28202

Part 1 โ€“ Banking Products and Services

  • Banking sector overview
  • The role of the Banking sector
  • None Bank financial institutions
  • Banking products and services

 Part 2 โ€“  Bank Account Structures

  • Ownership of Accounts
  • Personal Accounts
  • Business Accounts
  • Bank Accounts and the Broker

 Part 3 โ€“  The Lending Process

  • Mortgaging and Insurance
  • Mortgagee sales
    • Mortgagee holiday

     

    Objectives
    • Discuss characteristics of a range of services and products, including personal transactions, savings, personal lending and home lending products and delivery channels. Discuss options for ownership and explain the importance of understanding how and by whom accounts are to be operated.
    • Understand specific issues that may affect the application and approval, management, collections and recoveries processes.
    • Apply the six step process to a range of standard banking situations to identify appropriate products and services to meet clientsโ€™ needs. Discuss products and services specific to the banking sector, at a level that is appropriate to be able to work in an entry level or intermediate operational role.
    • Understand the lending process from initial application to final repayment. Including assessment, approval, management, collections and recoveries


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