| COURSE : FINANCIAL ACCOUNTING & AUDITING PROFESSIONAL | |
|---|---|
| Course Overview | The course gives an in-depth panorama of the international money transfer & payments industry, the market, the business models, the main players, the disruptors, the volumes, pricing, trends, challenges and opportunities. |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | We welcome all participants; in particular this course is highly recommended for: New joiners in Investment Banking Financial Journalists Regulators responsible for Investment Banks IT providers selling solutions to Investment Banks |
| Course Benefits | Attend this one-of-a-kind training to acquire an in-depth, 360 view of the international money transfer market. The subject matter presented will be explained thoroughly and the different aspects that make this exciting sector of the financial world will come together as the day progresses |
| Course Contents / Outline | International Payments Systems – The Basics Large & Smal Value Payments Systems | Money Transfers: Remittances & International Payments The War on Cash International Money Transfer Systems – The Basics Financial Institutions (FIs), Banks & NBFIs | Money Transfer Operators (MTOs) & Remittance Service Providers (RSPs) Payment Institutions (EU), Money Transmitters (MTs) & Money Service Businesses (MSBs) Informal Transfer Systems (ITS) – Hawalas & Hundis Know your Customer (KYC) & Money Laundering Concerns in the industry Money Transfers – Volumes Trends & Estimates | Top MT Sending & Receiving Countries | Main Remittance Corridors Money Transfers – Pricing Fees & Forex | Global Pricing Database | The 5 x 5 Objective | Global Pricing Trends (Regional, Channels) MT Market – Entities Involved Traditional MTOs (Tiers 1, 2 & 3) | Banking Institutions| Newcomers & Disruptors | Challengers & Indirect Competitors | Retailers & Other Service Providers Is the MT business commoditized? | What are the main Barriers to Entry? MT Industry – Business Models The Sending Side | The Receiving Side | M&As, IPOs & Stock Performances of Public MT Companies Migration and Money Transfers Migration waves | Natural and Man Made Disasters | Migration Policies & Politics | Migration & Oil Impact of Money Transfers for the Economy of the Receiving Country Does remittance hurt the economy of the sending country? | Remittance taxation Present & Future Trends Critical issues faced by the MT Industry today | Is there room for disruption in the MT Industry? | Will Bitcoin & the Blockchain disrupt the remittance market? | Should we save the Agents? |