Negligence in Banking Transactions

Banks owe duty of care to its customers and other stakeholders. These duties are interspersed in the daily work of employees of banks. The standards for assessing whether or not these duties have been met depends on a number of factors, including the context.

It is important therefore, that Managers and supervisors at least understand the scope of duties and to whom they are owed.

 LEARNING OBJECTIVES

• To appreciate basic concepts and principles of negligence
• To appreciate establishing negligence in handling client accounts, transactions and advise.
• To appreciate legal liabilities of bank employees and the concept of vicarious.
• To appreciate concept of contributory negligence and remedies

 COURSE CONTENTS

• Principles of Negligence and Types in Banking
• Common Sources for Determining Negligence in Banking
• Risks and Effects of Negligence
• Situations of Shared Liabilities in Banking
• Preventing Negligence in Bank Transactions

Negligence in Banking Transactions

Duration: 3 days

Skill Level: All Levels

Delivery Mode: In-person

Month: July