Legal Aspects of Banking Activities

Course details

During this course, participants will learn the legal framework for banking activities in Egypt. They will also learn the legal aspects of banking transactions in Egypt and certain foreign transactions, including the unified international rules of collection.

Course Description:

During this course, participants will learn the legal framework for banking activities in Egypt. They will also learn the legal aspects of banking transactions in Egypt and certain foreign transactions, including the unified international rules of collection.

Course Objectives:

• Describe the development of money and banking.
• Explain the general legal principles underlying banking activities.
• Differentiate among banking transactions from the legal perspective.
• Explain the legal aspects of certain foreign transactions.

Course Outline:

Module 1: Introduction to Money and Banking

• The development of money and banking

Module 2: General Legal Principles

• Legal capacity
• Donations
• Natural guardianship and legal guardianship
• Legal requirements for working with minors
• Distribution of inheritances
• Types of companies active in Egypt
• Account secrecy

Module 3: Overview of Banking Transactions

• Deposits
• Bonds
• Safe deposit boxes
• Bank transfers
• Buying and selling of securities

Module 4: Foreign Transactions

• Ordinary bank credits
• Documentary credits
• Letters of guarantee
• The unified international rules of collection

Assessment Strategy

Participants will be informally assessed on their interaction during sessions and their participation in exercises.