National Further Education & Training Certificate in Banking (NQF 4)

Are you in a banking sales role and want to become FAIS Fit & Proper? Then the FETC in Banking (NQF 4) is the qualification for you.

This National FET Certificate can be obtained either through recognition of prior learning or online learning.

Course overview

What is covered in the National FET Certificate in Banking (NQF 4)?

The unique elective offering of this qualification has been approved by the Financial Services Board to fulfil the minimum FAIS Fit & Proper generic requirements for Categories I and IV.

The qualification covers the banking regulatory and legal environment, marketing and sales techniques, customer service and key banking products and services.

Who is the National FET Certificate in Banking (NQF 4) aimed at?

This qualification is aimed at people already working in the banking sector.  It is designed specifically for those employees who are either already in a FAIS role or who want to enter a FAIS role in the near future.
How is the National FET Certificate in Banking (NQF 4) delivered?

This qualification is offered either via RPL (see RPL guide), online learning (see online learning guide) or face-to-face (contact [email protected] for more information if you prefer this option).

Students who have been working in a FAIS role for over three years and have passed the RE 1 exam may apply for RPL, but they may also opt for the online learning delivery option.  Those new to a FAIS role must enrol for either the online learning or face-to-face learning option.

What are the entry requirements for each of the National FET Certificate in Banking (NQF 4) delivery options?

To enrol for RPL:

  • Must have been in a FAIS role for at least three years;
  • Must have passed RE1;
  • Should ideally be employed in a banking environment as a manager needs to complete workplace observations.

To enrol for online learning:

  • Should ideally be employed in a banking environment as a manager needs to complete workplace observations.
  • Must have a PC or tablet (or smart phone but this could be too small) with sufficient internet connectivity to download the online learning materials and view videos;

Please see http://chartall.co.za/faqs-for-webinars/ for minimum computer specifications.

Can I earn any exemptions?

Chartall Business College is able to award students with certain exemptions to recognise the internal training they have completed with their employers in the banking sector.  You will be asked to submit your internal training records so that Chartall Business College can work out if you qualify for any exemptions.

Students who have a Senior Certificate (matric/grade 12) will also qualify for exemptions for two languages and business calculations (if they have maths at matric level).

How is this qualification assessed?

Students are assessed using a Portfolio of Evidence (PoE).  Chartall Business College has set questions and assignments that are completed over the duration of the qualification in your own time.  This portfolio will be assessed by a registered assessor and feedback will be provided.

Students will not have to write any exams to earn the qualification.  The advantage of the portfolio as a mode of assessment is that it can be used after the learning to support the student’s CV as it showcases what they can do practically (you will need to keep a copy of it for this purpose).  Students will still have to write the RE1 and RE4 exams which are set by the Financial Services Board (FSB).

What is the accreditation status of the Further Education & Training Certificate: Banking (NQF 4)?

The FETC in Banking (NQF 4) qualification is accredited and certificated by BANKSETA.  It is registered with the South African Qualifications Authority (SAQA) as a 120 credit qualification at NQF 4 (SAQA ID 20185 – see www.saqa.org.za). Chartall Business College is accredited by the BANKSETA to train and assess the qualification.
RPL enrolment
R6 500single payment
Make a once of payment for the Banking NQF 4 course.  Assessed via RPL.
Online learning enrolment
R9 200once off payment
Make a once of payment for the Banking NQF 4 course.  Instalment options available.
Contact info
Cnr Cedar Road & Cedar Boulevard, Broadacres, Johannesburg
011 467 3215
[email protected]