Subjects:

Banking and Finance

Contents:

The banker/customer relationship

appropriation, combination and banker's lien

main principles of Consumer Credit Act lending

the Financial Services Act 1986

basic types of customers

banks and agency

partnerships

limited company customers

insolvency and banks

cheques, bank payment orders, banker's drafts and warrants

direct debits and credits

automated tellers and EFTPOS systems

general securities

guarantees

land

stocks and shares as security

life policies as security

limited company securities

insolvency and securities.

This is a practical, examination-oriented guide to the CIB Associateship core paper of the same name. Syllabus requirements are laid out at the beginning of each chapter, with Fact Sheets summarising content at the end of each chapter.

Contains some new questions and answers on newly examined topics such as EFTPOS, Consumer Credit Act lending, the Financial Services Act, limited company customers plus references to Jack Committee recommendations now in practice.