Electronic Payment Systems
8 min! Run Time
Employees
only
Provided
What you'll learn
Skills covered in this course
Description
In an increasingly digital world, electronic payment systems have become the backbone of modern finance. This course explains how these transfers work at home and overseas.
What this course covers:
- How electronic and wire transfers move money
- Automated clearing houses (ACH)
- Fedwire and CHIPS
- SWIFT and international transfers
- How each system operates and the transfer amounts it handles
Great for banking staff who want to understand the payment rails behind everyday transactions.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Frequently Asked Questions
It covers ACH, Fedwire, CHIPS, and SWIFT, walking through how electronic and wire transfers move money domestically and internationally.
The course covers automated clearing houses, or ACH, as one of the electronic transfer systems banking staff need to understand.
Yes, it covers SWIFT and international transfers alongside the domestic systems.
The course covers how each system operates and the transfer amounts it handles, distinguishing Fedwire and CHIPS from one another.
Banking staff who want to understand the payment rails behind everyday transactions.
