Credit and Cheque Cashing Monitoring Training

Learning Outcomes

• Apply procedures to monitor credit applications and cheque cashing transactions for compliance.
• Analyze credit and cheque cashing facilities to identify potential risks and fraud indicators.
• Evaluate transaction data to ensure accuracy and adherence to organizational policies.
• Implement corrective actions based on monitoring findings to mitigate financial losses.
• Demonstrate effective communication of monitoring results to relevant stakeholders.
• Design monitoring processes that align with regulatory requirements and industry best practices.

Target Audience

This course is designed for financial services professionals, including credit managers, bank tellers, cheque cashing staff, and compliance officers, who are responsible for monitoring and processing credit and cheque transactions.

Prerequisites

None — open enrollment.

Course Outline

Practicals

Overview

Practical sessions provide hands-on experience with transaction monitoring systems, document verification, and simulated compliance reviews. Learners apply detection techniques to realistic scenarios, reinforcing theoretical knowledge with real-world practice.

Practical Activities

• Transaction Monitoring Simulation — Learners use a simulated monitoring system to review credit applications and cheque cashing transactions, identifying red flags and documenting findings. (4h)
• Document Verification and Record-Keeping Exercise — Participants examine sample documents (IDs, payslips, cheques) for authenticity and compliance, then complete required record-keeping forms. (3h)
• Compliance Review and Reporting — Teams conduct a mock compliance audit of a cheque cashing outlet, identify breaches, and prepare a corrective action plan. (5h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.