Bank Teller

 

 

OFO No: 421101

 

 

 

 

Other names for Bank Teller:

  • Bank Clerk / Officer
  • Settlements Clerk Banking
  • Teller

 

What is a Bank Teller? 

A Bank Teller works in a bank and a Teller usually works in a building society which is like a bank. 

The main job or responsibility of a Teller is to receive and pay out money and process the necessary documentation.   

There’s a lot of room for career advancement if you start as a Teller. A good attitude, dedication and an eagerness to learn, will see you working up the corporate ladder. You could find yourself in sales, investments, consulting or, with some perseverance, you may even find yourself in a managerial role.

What does a Bank Teller do?

  • processes deposits and withdrawals
  • receives cash and cheques
  • prevents fraud
  • verifies validity of cheques
  • cross-checks the amounts
  • processes transactions electronically
  • cashes out cheques on verification of signatures and customer balances
  • processes credit card payments
  • issues foreign exchange and traveller’s cheques
  • looks out for counterfeit coins and notes
  • makes sure, at the end of the day, everything balances

Are you … ?

  • interested in banking?
  • trustworthy?
  • a person with good communication skills?
  • mathematically orientated?
  • positive?
  • neat and professional?
  • methodical and organised?
  • patient?
  • able to deal with difficult or even rude customers?
  • observant?
  • willing to learn?

How do I become a Bank Teller?

Although most banking institutions will train you on the job, candidates with banking qualifications will jump ahead of the rest when it comes to finding a job.

In most cases, you will require a Matric/Grade 12 with passes in mathematics and/or accounting.

A few examples:

  • MILPARK BUSINESS SCHOOL

Offers the following Level 5 Certificates:

Certificate in Sales (Banking Services)

National Certificate in Banking (Financial Services)

  • DAMELIN SCHOOL of BANKING

National Certificate in Banking 

Upon successful completion of the full qualification, the learner will receive a BANKSETA certificate of competence.

  • STANDARD BANK BANKING SKILLS ACADEMY

This learnership programme provides unemployed matriculants and graduates in South Africa an opportunity to gain employment experience in the financial services industry.

12 month programme – On successful completion, candidates will obtain a recognised National Certificate in Banking (NQF level 4). 

Minimum requirements:  

http://www.standardbank.com/BankingSkillsAcademy.aspx

 

PATH 1

  • Banking courses

PATH 2

  • Learnership – Asset Based Finance Level 4 

PATH 3

  • Learnership – Banking: Credit Analysis Level 4

PATH 4

  • Learnership – Banking: Credit Risk Analysis Level 4 

PATH 5

  • Learnership – Core Banking and Financial Services Level 4 

PATH 6

  • Learnership – Essential Skills for Banking Level 4 

PATH 7

  • Learnership – FAIS Customer Consultant Curriculum Level 4 

PATH 8

  • Learnership – Introduction to Micro Finance Supervision and Management Level 4 

 PATH 9

  • Learnership – Retail Foreign Exchange Banking Level 4 

PATH 10

  • Learnership – Service Excellence at the Personal and Business Banking Level 4 

PATH 11

  • Learnership – Asset Protection in Banking Level 5 

 

TRAINING:

  • CLICK HERE to check for a training institution near you to see what they offer.
  • Make sure you understand their entry requirements for each course.
  • To avoid scams, make sure your institution is registered with the Department of Higher Education. 
  • CLICK HERE to check accredited Private Higher Education Institutions. 

 

OTHER CAREERS TO CONSIDER: Bookkeeper … or … Financial Planner

Is becoming a Bank Teller the right career choice for me?