Course Overview

The course gives an in-depth panorama of the international money transfer & payments industry, the market, the business models, the main players, the disruptors, the volumes, pricing, trends, challenges and opportunities.

Training DurationTotal Training Hours : 30 Hours
Training Duration : 1 Week
Total Training Days : 5 Working Days
Training SchedulesWeekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
Certifications:1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address)
Learning AidsYes
Course MaterialHard & Soft Copies of Study Material
Language of InstructionEnglish
Instructor HelplineYes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment:Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

We welcome all participants; in particular this course is highly recommended for:

New joiners in Investment Banking

Financial Journalists

Regulators responsible for Investment Banks

IT providers selling solutions to Investment Banks
Course Benefits

Attend this one-of-a-kind training to acquire an in-depth, 360 view of the international money transfer market. The subject matter presented will be explained thoroughly and the different aspects that make this exciting sector of the financial world will come together as the day progresses

Course Contents / Outline

International Payments Systems – The Basics

Large & Smal Value Payments Systems | Money Transfers: Remittances & International Payments

The War on Cash

International Money Transfer Systems – The Basics

Financial Institutions (FIs), Banks & NBFIs | Money Transfer Operators (MTOs) & Remittance Service Providers (RSPs)

Payment Institutions (EU), Money Transmitters (MTs) & Money Service Businesses (MSBs)

Informal Transfer Systems (ITS) – Hawalas & Hundis

Know your Customer (KYC) & Money Laundering Concerns in the industry

Money Transfers – Volumes

Trends & Estimates | Top MT Sending & Receiving Countries | Main Remittance Corridors

Money Transfers – Pricing

Fees & Forex | Global Pricing Database | The 5 x 5 Objective | Global Pricing Trends (Regional, Channels)

MT Market – Entities Involved

Traditional MTOs (Tiers 1, 2 & 3) | Banking Institutions| Newcomers & Disruptors | Challengers & Indirect Competitors | Retailers & Other Service Providers

Is the MT business commoditized? | What are the main Barriers to Entry?

MT Industry – Business Models

The Sending Side | The Receiving Side | M&As, IPOs & Stock Performances of Public MT Companies

Migration and Money Transfers

Migration waves | Natural and Man Made Disasters | Migration Policies & Politics | Migration & Oil

Impact of Money Transfers for the Economy of the Receiving Country

Does remittance hurt the economy of the sending country? | Remittance taxation

Present & Future Trends

Critical issues faced by the MT Industry today | Is there room for disruption in the MT Industry? | Will Bitcoin & the Blockchain disrupt the remittance market? | Should we save the Agents?
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