my last day was October 12‚ 2012. I worked in various departments including account opening department‚ clearing department‚ remittance department and accounts department. The tasks which I do there was to fill an account opening forms‚ receiving cheques from customers‚ stamping and then jotting‚ fill a money gram form and do entries of DD’s (demand draft) manually‚ activity checking. I had a great experience at Bank Alfalah. It enhanced my knowledge and skills when I do all the things practically
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Chapter 1 Introduction Banking sector has significant contribution in the economy of a country. In banking sector the activities performed in GB and in Accounts department is of greatest importance. Banking service is directly related with clients. Banking activities facilitate clients to deposit their money in the bank according to their needs‚ to withdraw cash available in clients bank account‚ help the clients to engage in transaction in a safely mode‚ help the clients to improve their
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pay for goods using not only cash but plastic cards‚ cheques and direct debit cards. Smart cards can also be used to pay for goods over the internet. A person can now bank from home using the telephone or internet or even through their mobile phones. A person also no longer needs to go to the bank to take out money. Cash machines mean that people can take out money without having to visit the bank. Cheques have also changed due to ICT. Cheques can now be cleared easier and quicker through the use
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CapitalBanc Corporation case 2.4 1- Management assertion is a set of information that the management provided it to the auditor‚ so the auditor will make sure there are no material misstatements. According to AU 326‚ paragraph 3‚ management assertions can be either explicit or implicit and can be classified according to three categories: Assertions about transactions‚ assertions about accounts balance‚ and assertions about presentation and disclosure. The auditor has to keep in mind that the
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12.2013.pdf Current Account The Current Account product provides a host of services like Anywhere Banking in India (also anywhere in the world)‚ which enables the customer to operate from any branch‚ provides for faster collection of upcountry cheques‚ doorstep banking which provides for delivery and pick-up of cash and documents‚ Internet Banking which enables online tracking of the account‚ execution of transactions and so on. Multiple variants of current accounts are offered by ICICI Bank to
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1.0 INTRODUCTION: Generally by the word “Bank” we can easily understand that the financial institution deals with money. But there are different types of banks such as; Central Banks‚ Commercial Banks‚ Savings Banks‚ Investment Banks‚ Industrial Banks‚ Co-operative Banks etc. But when we use the term “Bank” without any prefix‚ or qualification‚ it refers to the ‘Commercial banks’. Commercial banks are the primary contributors to the economy of a country. So we can say Commercial banks are a profit-making
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CUSTOMER SERVICES IN RASTRIYA BANIJYA BANK LIMITED Submitted by Arun Dhungel Exam Roll No. : 5628-08 Registration No.: An Internship Report Submitted to Nepal Commerce Campus Faculty of Management Tribhuvan University In partial fulfillment of the requirements for the degree of Bachelors of Business Administration (BBA) New Baneshwor‚ Kathmandu September
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negotiable instrument‚ such as a cheque or postal note‚ that a bank or financial institution will normally accept as a deposit to an account. 6. After reading the concepts of a good system of internal control covered in this chapter‚ the owner of a small business was concerned that his internal control was not good. He counted the daily cash takings and prepared the deposit slip‚ and banked the takings intact each day. He also approved payments and signed all cheques. To overcome his problem‚ he decided
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INTERNSHIP REPORT ON “HABIB BANK LIMITED” SUBMITTED BY Sadia Siddiqui Reg#14365 Enrollment# 02-211082-11 SUBMISSION DATE MAY 15‚ 2012 Acknowledgements: All the praises are for the almighty‚ Allah who bestowed me with the ability and potential to complete this Internship. I also pay my gratitude to the Almighty for enabling me to complete this Internship Report within due course of time. Words are very few to express enormous humble obligations to my affectionate Parents for their prayers and strong
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Exchange Banks‚ Cooperative Banks‚Saving Banks and Specialized Credit Institution. “Banking meansthe accepting of money from public‚ in shape of deposits for thepurpose of lending or investment‚ repayable on demand orotherwise‚ and withdrawal by cheques‚ drafts‚ and pay order” The Pakistani banking sector mounted an overall recoverydrive‚ increasing its asset base by approximately 8% duringthe year . However‚ credit and business conditions are likely toremain fragile‚ driven by the government’s weak
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