BC&BF (Business Correspondent & Business Facilitator)

Business Correspondents and Business Facilitators (BCBF) course include representatives appointed by the banks to supply banking services and act as an agent in the respective locations where the bank will not have a presence so as to push money inclusion.

Business Correspondent & Business Facilitator

Business Correspondents and Business Facilitators (BCBF) course include representatives appointed by the banks to supply banking services and act as an agent in the respective locations where the bank will not have a presence so as to push money inclusion. The fundamental difference in the role of the BC and BF is that BCs are permitted to carry out regular transactions for customers on behalf of the bank. Business Facilitators are solely liable for spreading awareness associated with banking and the bank’s product, assisting the bank in business generation activities and recovery of bad debts. However, they do not undertake any cash transactions. The applicants are required to have good interpersonal and problem-solving skills. The individual should be self-driven and arranged with their work and act with integrity once playing multiple tasks for the purchasers.

Application National Occupational Standards (NOS) of Business Correspondent & Business Facilitator (BCBF) Course:

1. Source new customers
These Occupational Standards (OS) unit is about to source the new customers for banking services.
2. Assist with the application process
These Occupational Standards (OS) unit is about to assists with the application process for opening bank accounts
3. Execute or Facilitate Transactions
These Occupational Standards (OS) unit is about executing or facilitating banking transactions for customers.
4. Provide on-going services
These Occupational Standards (OS) unit is about to provide full support after acquisition

Course Duration

1 Month

Sector

Banking, Financial Service and Insurance (BFSI)

Sub Sector

Banking