Retail Banking Awareness and Terminology Certification

Banks play a significant role in the financial environment nowadays. In the light of the present turbulences in the financial market, banks have become an instrument to help people and companies to better manage their money. It cannot be argued that a career in the banking environment would be very promising and those having skills in this field should really do their best to access an open position in a bank. We wish to draw your attention in this article to the activity of retail banking and to the job perspectives offered by this domain. If you are committed to a career in this field we will present you in the final section of the article a summary of the benefits brought to you by a Retail Banking Awareness and Terminology Certification signed by a reputed provider.

We should begin by shedding light upon the term “retail banking” for those unfamiliar with this notion. As the name itself suggests, it is about banking but it has a major particularity. Retail banking refers to the activity of the financial institutions that perform transactions directly with consumers. Transactions with corporations or other banks are also performed, but to a smaller extent. The main focus is on individuals and their financial needs. We as individuals can ask financial services from a bank for a variety of purposes. Our financial needs derive from particular problems we encounter in our lives or from our inner desires. There are mainly three categories of needs that are frequently expressed when asking for services from a retail bank. First of all, we might need to make financial operations, like opening an account for deposing or withdrawing money, for paying our utility bills or phone bills and so on. Secondly, people might turn their attention to a retail bank when they have saved some money and they want to keep them safe. This is when savings accounts are usually created. Thirdly, we might need banks for lending some money for a variety of purposes. Retail banks are very important because they ensure the permanent contact with individuals and assist them for their financial needs. As a result, it should come as no surprise to you that customer satisfaction is the primary goal of a retail bank and it is the only way in which such an institution can survive on the market.

Retail banks offer a wide variety of services, from checking and savings accounts, debit and credit cards to personal loans, mortgages and certificates of deposit. Some retail banks have taken matters to the next level and provide an even broader spectrum of financial services, including private banking and retirement planning. The banking environment is considered to be very professional and employees in this field must abide by some specific rules in terms of dressing and behaving. Working professionals is this field must be very polite, well informed and do their best to identify the financial needs of every customer passing their threshold. They must also do their best to maintain client relationships and to prevent any attempt of fraud because such occurences would affect the image of their employing institution in a negative way.

Online Retail Banking Awareness Test

It doesn’t matter where you wish to apply your banking knowledge, you will be required to master the adequate terminology associated with this particular field. By proving you have taken the time to assimilate all the terms, concepts and processes useful in this career you will testify your commitment to a job in the retail banking field. This is why the certification we mentioned above would bring you many benefits, starting with the confirmation of your knowledge and the enhancement of your personal brand. Brainmeasures.com is the best provider of a Retail Banking Awareness and Terminology exam, because it is the global leader in online certification and skill testing. This is a quality retail banking terminology test from the list of employment tests on finance and accounting available on the website. It will assess your knowledge of the important terms and concepts you need to master in order to become a professional in this field. Once you pass it you will receive the valuable certificate that will boost your resume and your financial perspectives. You should be aware that a certified specialist benefits from better career opportunities than someone with no certification in this field. While the average annual salary of a retail banking specialist is $0(Free)1,000, a certified professional in this field can earn up to 25% more. To draw the conclusion, this certification from Brainmeasures is exactly what you need and would be the pathway to your career success.

Syllabus

  • Banking

No. of Questions

30  multiple choice questions.

Each question has between 2 and 5 options out of which 1 or more may be correct.

Pricing and Payment Options

Free US payable through any of the following:

Secure online credit/debit card transaction

The fee includes the cost of the hard copy certificate of accomplishment and world-wide mailing charges.

Notes

All the information regarding this test has been clearly stated inside the login account and you must read it properly before starting your test. Good luck !

Test Re-take Policy

You can take any no of retakes, they are free!!

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