Temenos Transact (T24) Core Banking System – Funds Transfer
Free Download Temenos Transact (T24) Core Banking System – Funds Transfer
Published 9/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 654.32 MB | Duration: 0h 30m
Temenos Transact (T24) Core Banking System Series
What you'll learn
Overview of Transactions: Learn the general principles of financial transactions
Funds Transfer Application: Understand how money transfer transactions are processed in the T24 Core Banking system
Transaction Types: Discover the different types of transactions within T24
Transaction Fees: Explore the importance of service fees in funds transfer services
Accounting Entries: Learn how to accurately identify and query accounting entries for all types of transactions
Backdate and Forward Accounting: Understand how banks handle transactions with past or future effective dates
Preventing Duplicate Transactions: Gain insights into strategies and techniques for preventing duplicate transactions
Requirements
Basic Knowledge of Core Banking: A foundational understanding of core banking concepts and functions, such as customer accounts and financial transactions.
Familiarity with T24: It's recommended that students have prior exposure to the Temenos Transact (T24) system, ideally through earlier modules or hands-on experience.
Understanding of Accounting Principles: Basic knowledge of accounting principles, including debit and credit balancing, will be beneficial
Description
Temenos Transact (T24) Funds Transfer is a comprehensive course that delves into one of the most essential functions of core banking systems: funds transfer. Temenos Transact, commonly referred to as T24, is one of the leading global solutions for core banking, widely used by banks and financial institutions worldwide. This course focuses on the funds transfer component, an integral part of any banking service.The course begins with an overview of transactions and introduces the principles of debit and credit balancing. From there, it moves into the fundamentals of transaction types in T24, each uniquely tailored to meet various banking needs. You will learn how funds are transferred between accounts, how different types of transactions are processed, and how to account for money transfers within the T24 system.We will explore key concepts such as transaction fees, where you'll understand how banks generate revenue from money transfer services. Additionally, you'll gain insights into accounting entries, the lifeblood of any transaction, understanding how debits and credits are posted in T24. You'll also tackle more advanced topics like backdate and forward accounting, which are crucial for processing transactions on past or future dates.By the end of this course, students will have a deep understanding of the funds transfer functionality in Temenos T24, equipping them with the knowledge to manage and operate within this powerful core banking system.
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Temenos Transact (T24) Core Banking System - Funds Transfer
Lecture 2 Funds Transfer Overview
Lecture 3 Funds Transfer - Transaction Type
Lecture 4 Funds Transfer - Fee
Lecture 5 Funds Transfer - Accounting Entries
Lecture 6 Funds Transfer - Backdate & Forward Accounting
Lecture 7 Funds Transfer - Preventing Duplication
Banking Professionals,Aspiring Core Banking Specialists,Finance and Accounting Professionals,Students and Fresh Graduates: Those pursuing careers in banking, finance, or financial technology, who want to gain insights into a leading core banking solution like Temenos T24.
Homepage
https://www.udemy.com/course/temenos-transact-t24-core-banking-system-funds-transfer/No Password - Links are Interchangeable
