Banking: Electronic Payment Systems

Explore the world of electronic payments in this elearning course, Banking: Electronic Payment Systems, and discover the various methods of handling these types of transactions. Review what a clearing house does, how they process items like salaries, bill payments and social security payments, and the amounts of money they process. We’ll cover the roles of the ACH, Fed Wire Transfer System, Swift and CHIPS, and how these systems move currency in different situations.

Part of the Banking Series, this course will clearly explain how electronic payments operate to save customers and institutions time and paperwork. This course includes a video in American English with subtitles available in multiple languages. This elearning course also includes a downloadable student workbook and an online exam so you can check your understanding of the course points. This e-course provides valuable skills to increase your understanding of the processes involved in electronic payment systems.