e-PORTFOLIO - NURIL FATIHAH BINTI BADRUL HISHAM (270118) by Nuril Fatihah https://padlet.com/nurilfatihah/270118Eportfolio For subject A212 BWBB3013 COMMERCIAL BANKS OPERATIONS (GROUP A) en-us 2022-03-30 14:51:45 UTC 2022-07-07 12:55:52 UTC hello@padlet.com https://padlet.net/icons/png/1f4bb.png Lecture 02: Class Activity #01 (04/04/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2122956777 Which of the supervision department is related to the checking and auditing of the banking institutions in Malaysia? 

Answer: Banking Supervision.]]> 2022-03-31 06:24:08 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2122956777 CASE STUDY 1 - DEPOSIT nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177658234 2022-05-10 14:00:23 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177658234 Padlet Class Activity (11/04/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177678002 1.     Picture 1 – Debtors – Creditors Relationship

This link exists due to transactions on a savings account. A customer deposits his funds into his bank account and then withdraws them when necessary. Bank is permitted to use the customer's accepted funds (deposit). The customer retains all rights to withdraw funds at any moment. A bank's customer is a customer of the branch where their account is maintained.

2.     Picture 2 - Trustee

Some banks have a trust department that performs the responsibilities of a trustee. In managing the trust's affairs, the bank will owe a stronger duty of care to the beneficiaries. For instance, opening a savings account for a client's son ( who is a minor below the age of 18). This account is associated with the TRUST ACCOUNT.

]]> 2022-05-10 14:10:35 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177678002 Padlet Class Activity (18/04/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177678507 The reason February's amount is less than January's is because February has 29 days while January has 31. Consequently, the shorter the day, the less interest is earned.]]> 2022-05-10 14:10:54 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177678507 Padlet Class Activity (25/04/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177678866 EXERCISE - FIXED DEPOSITS]]> 2022-05-10 14:11:06 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177678866 Padlet Class Activity (09/05/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177679510 How a Bill of Exchange is created?]]> 2022-05-10 14:11:28 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2177679510 Padlet Class Activity (12/05/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2215610583 Who is the drawer? Importer or Exporter (Buyer or Seller)

Answer: 
The drawer is definitely the Exporter (Seller). The drawer of a bill is a person who is owed the money, also known as the creditor of the drawee. The drawer is the one who will issue a Bill of Exchange for Cargo Shipped. When a drawer draws a bill, he is liable until accepted by the drawee. Even if the acceptor (drawee) defaults, the drawer is liable. ]]> 2022-06-09 01:05:08 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2215610583 Padlet Class Activity (16/05/2022) nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2215612132 Where does the customer sign in their cheques?

Answer: 
At the number 5 as shown in the picture
Sign the check on the line located in the bottom-right corner. Use the same name and signature that the bank has on file. This is a necessary step, as a check will not be valid without a signature.

Additional Information:
1. Current Date
2. Payee -  The name of the person or organization you’re paying
3. Amount in Numeric Forms
4. Amount in Words
5. Signature
6. Memo -  Optional and will not affect how banks process your check 

]]> 2022-06-09 01:06:48 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2215612132 nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2215980637 2022-06-09 07:32:33 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2215980637 nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2229787637 2022-06-24 12:46:45 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2229787637 270118 nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2236209659 2022-07-04 05:16:59 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2236209659 nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2236224907 2022-07-04 05:43:17 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2236224907 270118 CASE STUDY 2 nurilfatihah https://padlet.com/nurilfatihah/270118Eportfolio/wish/2236540601 2022-07-04 14:48:51 UTC https://padlet.com/nurilfatihah/270118Eportfolio/wish/2236540601