saving & current account * basic banking services over the counter atm deposits machines
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SAVING & CURRENT ACCOUNT * BASIC BANKING SERVICES Over the counter ATM Deposits Machines Interbank Giro Internet Banking Things to remember!!! Keep your account numb and PINs confidential; Keep your account statements, passbook & ATM card in a safe & secure place ; - PowerPoint PPT PresentationTRANSCRIPT
SAVING & CURRENT ACCOUNT
* BASIC BANKING SERVICES• Over the counter• ATM• Deposits Machines• Interbank Giro• Internet Banking
Things to remember!!!• Keep your account numb and PINs confidential;• Keep your account statements, passbook & ATM card in a safe & secure
place ;• Destroy or shred cancelled cheques
FINANCIAL MEDIATION BUREAU (FMB)• Independent Body to settle disputes, complaints or
claims between you and your financial service providers.
• Matters that will not be considered by FMB Pricing Product policies and services Credit decision Cases over 6 years Cases under litigation
MALAYSIA DEPOSIT INSURANCE CORPORATION (PIDM)• Protect depositors against loss of deposits• Automatic Protection • Protects deposits in FIs regulated by BNM
ISLAMIC BANKING
• Follow Shariah Principles;
• Prohibits riba (interest), usury (trading in financial risk) and haram (unlawful business ventures);
• Follow Islamic concepts like profit sharing (mudharabah), safekeeping (wadiah), joint ventures (musharakah), cost plus (murabahah) and Leasing (ijarah).
• Islamic Banking is for all regardless of religious beliefs
BANKING INTERNET • Secure banking
i. Keep print out of transactionsii. Keep Login ID confidentialiii. Change password regularlyiv. Do not store Login ID and password in PCv. Make sure login at correct websitevi. Do not leave computer unattendedvii. Have anti virus protectionviii. Always log out after each sessionix. Don’t open other web browser while banking online
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QuestionsFor Chapter 3