Introduction

This training program will focus on the entire payments and settlements process: beginning with the making of a payment and ending with the payment being received by the beneficiary and settled in a manner that makes it final and irrevocable.

Duration

5 Days

Target audience

Back office and payments section staff.

COURSE LEVEL: Foundation

Course Objectives

At the end of this IRES training course, you will learn how to:

• Expose participants to the critical roles of Payments and Settlement System (PSS) in safeguarding monetary and financial operations of large value and retail PSS and identify risks in PSS.
• To enhance participants’ knowledge on identifying and mitigating risks in PSS.
• To expose participants to the role of central banks on PSS oversight.

Course Outline

Module 1

• Introduction/Overview Payment Systems
• Core Principles of security settlement systems
• The regulatory framework for National Payment Systems

Module 2

• Interconnection in retail payment systems
• Clearing and settlement principles
• Payment standards and security

Module 3

• Payment Systems and AML
• M- Banking and Payment Systems
• Key issues with mobile payments

Module 4

• Principles of Financial Markets infrastructure
• Understanding the demand-side for payment services
• Interchange and its effect on a national payment system

Module 5

• Real Time Gross Settlement System- RTGS
• Risks in Payment Systems

Course Administration Details:

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).

TRAINING VENUE

The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION AND AIRPORT PICKUP

Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.

Email:[email protected].  

Mob: +254 715 077 817/+250789621067

TAILOR- MADE

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254 715 077 817/+250789621067.

Mob: +254 792516000, +254 792516010 ,or mail [email protected]/[email protected]

PAYMENT

Payment should be transferred to IRES account through bank on or before start of the course

Send proof of payment to [email protected]/[email protected]

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