What is Financial Services? ~~

What is Financial Services?

Financial services refers to services provided by the finance industry.

The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are banks, credit card companies, insurance companies, consumer finance companies, stock brokerages, investment funds and some government sponsored enterprises. As of 2004, the financial services industry represented 20% of the market capitalization of the S&P 500 in the United States.

(http://en.wikipedia.org/wiki/Financial_services)

What is Financial Services main duties?

Customer Service Representatives - Financial Services
Selected Main Duties

Customer service representatives perform some or all of the following duties:

* Process customer cash deposits and withdrawals, cheques, transfers, bills, credit card payments, money orders, certified cheques and other related banking transactions;
* Obtain and process information required for the provision of services, such as opening accounts and savings plans and purchasing bonds;
* Sell travellers' cheques, foreign currency and money orders;
* Balance daily transactions using computer programs, calculators and adding machines;
* Sort and file deposit slips and cheques;
* Prepare customer statements and other correspondence for mailing;
* Answer inquiries and resolve problems.

(http://www.ontariojobfutures.ca/profile1433.html)

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