Master the practical realities of banking with a thorough guide to principles, practice, and foreign exchange.
This comprehensive reference covers how banks operate, from the core principles to daily practice. It explains how law, regulation, and everyday transactions shape the work of banking, with a focus on cost analysis, branch operations, and the handling of notes and deposits.
What you’ll experience
- Clear explanations of banking principles, the Bank Act, and how notes and branches function within the system.
- Insight into banking practice, including head office operations, records, and loan processes.
- Practical discussion of cost accounting in banks and how profitability is evaluated from individual accounts to overall performance.
- Context for foreign exchange activity and the relationship between banking practice and financial markets.
Ideal for readers who want a solid, work-oriented overview of banking operations, regulation, and the practical methods banks use to serve customers while managing costs.