Problems Of Money Transmission In Nigerian Banks

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Problems Of Money Transmission In Nigerian BanksA Case Study Of United Bank For Africa Plc

 

TABLE OF CONTENTS

CHAPTER ONE
  1. Introduction

1.1     Statement of problem

  1. Objective of study
  2. Significant of study
  3. Scope and delimitation
  4. Definition of terms
  5. Organization of work
CHAPTER TWO
  1. Literature review

2.1     Payment system in Nigeria

  1. Channel of money transmission
  2. Money transmission instrument
    1. Cheque
    2. Draft
    3.   Mail and telegraphic transfer
    4. Money gram and western union
    5. Money and postal orders
    6. Standing orders
    7. Credit transfer
    8. Problems of money transmission in Nigeria banks
CHAPTER THREE
  1. Methodology

3.1     Sample size and sample method

  1. Method of data collection
  2. Interview format
  3. Method of data analysis
  4. Limitation of the study
CHAPTER FOUR
  1. Presentation/analysis of data

4.1     Interpretation of data

CHAPTER FIVE
  1. Conclusion

5.1     Recommendation

Bibliography

Appendix

 

CHAPTER ONE

INTRODUCTION

The banking decree of 1969 in defining the banking business incorporated all the functions of the institutions.  However, in terms of what services banks offer to the public, three stand out distinctly deposit and payment mechanism, finance and credit and money creation.

The role the banks play by facilitating payments for goods and services without the need to hold hand to hand currency cannot be overemphasized.  By the use of the deposit and payment by cheques the settlement of debts by means of coins and note have become unnecessary.  In the definition of money supply, demand deposits are distinguished from time deposit because cheques are in most societies, generally accepted means of payment.

 

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Problems Of Money Transmission In Nigerian BanksA Case Study Of United Bank For Africa Plc

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