an introduction :-

There is no bank of the banks, no matter how large or small it is, but it needs to deal with correspondent banks, and since dealing with correspondent banks has many risks, so it is imperative to choose the correspondent banks according to scientific standards in order to reduce risks, improve their management and distribute risks in a scientific way where During this workshop, the best modern methods will be adopted to distribute risks at the level of the state, banks and the type of banking operations.

Course objective :-

Introduce the participants through workshops on the mechanism of dealing with correspondent banks and the risks associated with them and the technical methods used to manage dealing with them to reduce risks and their role in serving the operations activities of the bank’s customers and the bank’s investment operations.

Unit 1 :-  

  • The concept of managing external relations
  • External Relations Department Sections
  • Definition of correspondent banks
  • How to establish a relationship with correspondent banks
  • Exchanging the necessary documents with the correspondent banks, the terms of dealing and the signatures of the commissioners
  • Levels of relationship with correspondent banks
  • Opening accounts with correspondent banks
  • A mechanism for selecting correspondent accounts and banks with which to open accounts
  • Exchanging credit ceilings with correspondent banks in terms of credits, guarantees, etc. and their importance for the functioning of the bank
  • A mechanism for organizing the relationship with correspondent banks and distributing work with them
  • How to manage the relationship with correspondent banks electronically
  • Keeping documents and maintaining an electronic system for that
  • How to negotiate with correspondent banks to improve the terms of dealings from time to time
  • The importance of organizing external visits to the main correspondent banks in particular
  • Receiving delegations from correspondent banks and the importance of these meetings
  • The importance of mutual ceilings between the bank and external banks
  • Correspondent Banking Selection Mechanism
  • The role of the External Relations Department (Correspondent Banking Department) in contributing to solving the outstanding financial settlements between the bank and the correspondent banks
  • The role of correspondent banks in setting investment ceilings with correspondent banks to reduce risk and distribute it at the state and bank level

Unit 2 :-  

  • Information about investment instruments, such as deposits between banks, foreign currency exchange with the aim of serving the bank’s customers and trading in them for the benefit of the bank
  • A mechanism to protect these investments and reduce their risks Informing the senior management of everything that will happen regarding correspondent banks
  • The procedure for dealing with correspondent banks in the event of merging or acquisition of another bank: Merging and acquisition
  • Analyzing correspondent banks’ budgets and important financial ratios
  • Follow up on the performance of financial correspondence banks and their credit rating
  • Reviewing the circulars issued by SWIFT Broadcast for their importance
  • Subscribe to a major credit rating company, such as Moody’s S&P Correspondent banking risks and their levels
  • The relationship of country risk to correspondent banking risks

Unit 3 :-  

  • What are the international credit rating companies and their importance
  • Credit ratings are understandable and important
  • Risk distribution to correspondent banks and its importance
  • The ways to be followed to reduce the risks of dealing with correspondent banks
  • Correspondent banking risk distribution mechanism at the country, bank, and banking operations levels

Target Groups :-  

  • Staff and heads of departments in external relations
  • International trade staff and department heads Internal audit staff
  • Personnel of documentary credits and transfers
  • Staff and heads of departments in the financial administration
  • Staff and heads of departments in risk management
  • Relevant and interested managers.