Sunday 13 May 2012

Resurrection Financial

Requirements of an insurance contract Insurable interest o The insured should derive an actual financial gain from that which he is insuring, or stand to lose if it is destroyed or lost. o The item should belong to the insured. o One person shall take out insurance on the life of another if the 2nd party owes first money. o Should be some person or item which can, legally, be insured. o The insured should hold a legal claim to that which he is insuring.



Good faith o Uberrimae fidei refers to absolute honesty and should characterise the dealings of most the insurer and the insured. Related professional qualifications There exists multiple related professional qualifications in finance, that can lead to the field: Accountancy: o Qualified accountant: Chartered Accountant ACA - UK certification or CA - certification in Commonwealth countries, Chartered Certified Accountant ACCA, UK certification, Certified Public Accountant CPA, US certification, ACMA or FCMA Associate or Fellow Chartered Management Accountant from Chartered Institute of Management Accountant CIMA , UK. o Non-statutory qualifications: Chartered Cost Accountant CCA Designation from AAFM Business qualifications: Master of Business Administration MBA, Bachelor of Business Management BBM, Master of Commerce M. Comm, Master of Science in Management MSM, Doctor of Business Administration DBA Generalist Finance qualifications: o Degrees: Masters degree in Finance MSF, Master of Financial Economics, Master of Finance and amp; Manage MFC, Master Financial Manager MFM, Master of Financial Administration MFA o Certifications: Chartered Financial Analyst CFA, Certified Worldwide Investment Analyst CIIA, Association of Corporate Treasurers ACT, Certified Market Analyst CMA or FAD Dual Designation, Corporate Finance Qualification CF Quantitative Finance qualifications: Master of Science in Financial Engineering MSFE, Master of Quantitative Finance MQF, Master of Computational Finance MCF, Master of Financial Mathematics MFM, Certificate in Quantitative Finance CQF. Resurrection Financial Management:Banking services The primary operations of banks include: Keeping cash safe while also allowing withdrawals when wanted Issuance of checkbooks such that bills shall be paid and other kinds of payments shall be delivered by post Give personal loans, commercial loans, and mortgage loans typically loans to buy a home, property or business Issuance of credit cards and processing of credit card transactions and billing Issuance of debit cards for use like a substitute for checks Let financial transactions at branches or by creating use of Automatic Teller Machines ATMs Give wire transfers of funds and Electronic fund transfers between banks Facilitation of standing orders and direct debits, so payments for bills shall be created automatically Give overdraft agreements for the temporary advancement regarding the Bank's own cash to meet monthly spending commitments of a customer in their current account.



Give Charge card advances regarding the Bank's own cash for clients wishing to settle credit advances monthly. Give a confirm guaranteed by the Bank itself and prepaid by the customer, for example a cashier's confirm or certified check. Notary service for financial and other documents.

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