Educonnhub

📚 What You'll Learn

• 🏦 Account Overview: Understand the account structure and the critical role of accounts in core banking.
• 📑 Account Classification: Learn about different types of accounts, including customer accounts, internal accounts, and high-volume accounts.
• 💰 Account Balances: Discover how T24 tracks balances in real-time, covering available balance, ledger balance, and overdraft limits.
• 📄 Account Statements: Explore statement generation and customization with details on deposits, withdrawals, interest, and fees.
• 📈 Interest and Accrual: Understand interest calculation and accrual processes and how T24 manages interest postings for various account types.
• 🚫 Posting Restrictions: Learn to set debit or credit restrictions to ensure transactions meet specific business rules.
• 🔒 Blocked Funds: Explore the functionality for reserving or blocking funds within accounts for purposes like loan security and compliance.
• 🛑 Account Closure: Get familiar with the steps for closing accounts, settling balances, and maintaining records for audit and compliance.
• 🔍 Account Queries: Learn to retrieve detailed account information with T24’s query tools.
• ⚙️ Account Parameters: Master the use of account parameters for advanced account management and customization.

📋 Requirements

• 💼 Basic Knowledge of Core Banking: A foundational understanding of banking systems, especially core banking functions.
• ✅ Completion of Introductory Courses on T24: Preferably completed courses on Temenos Transact (T24) basics.
• 📘 Familiarity with Banking Terminology: A basic knowledge of terms like accounts, balances, transactions, and interest accrual.

📝 Description

The Temenos Transact (T24) Core Banking System - Account course offers a deep dive into account management within one of the most utilized core banking systems globally. This course covers everything from account creation and classification to advanced functionalities like query tools and account customization.

Starting with an overview of account profiles in T24, you’ll explore classification types—such as customer, internal, and high-volume accounts—and delve into real-time balance updates for clear insights on available funds and overdraft limits. You’ll also learn how to generate and customize account statements.

In addition to covering fundamental concepts, this course will take you through interest accrual, posting restrictions, blocked funds, and account closure procedures. Advanced topics include account queries for detailed information retrieval and setting account parameters for custom account features.

Ideal for banking professionals, IT administrators, developers, and analysts, this course equips learners with the expertise needed to navigate core banking operations in T24.

👥 Who This Course Is For

• 🏢 Banking Professionals involved in operations or account management.
• 👨‍💻 Developers and Technical Consultants working with T24.
• 📊 Business Analysts and Product Managers in core banking.
• 💼 Finance and Accounting Teams needing detailed account management insights.
• 🚀 Aspiring Banking/Fintech Professionals interested in core banking systems