SAQA

All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.

SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Maintain and monitor investment bank accounts

SAQA US ID	UNIT STANDARD TITLE
7222	Maintain and monitor investment bank accounts
ORIGINATOR
SGB Banking and Micro Finance
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority
FIELD			SUBFIELD
Field 03 - Business, Commerce and Management Studies			Finance, Economics and Accounting
ABET BAND	UNIT STANDARD TYPE	PRE-2009 NQF LEVEL	NQF LEVEL	CREDITS
Undefined	Regular	Level 4	NQF Level 04	2
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Reregistered"		2018-07-01	2023-06-30	SAQA 06120/18
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2026-06-30		2029-06-30

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.

This unit standard does not replace any other unit standard and is not replaced by any other unit standard.

PURPOSE OF THE UNIT STANDARD

This unit standard is intended for people dealing with investments. A person credited with this unit standard will be able to renew an investment, take in a notice of withdrawal, close an investment and resolve investment queries.

UNIT STANDARD OUTCOME HEADER

Renew an Investment

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Renew an Investment.

OUTCOME NOTES

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The customer's instruction to renew an investment is authenticated and verified in accordance with company specific requirements.

ASSESSMENT CRITERION 2

2. The data is captured accurately.

ASSESSMENT CRITERION 3

3. The customer confirmation is dispatched in accordance with company specific requirements.

SPECIFIC OUTCOME 2

Take In a Notice of Withdrawal.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The customer's instruction is authenticated in accordance with company specific requirements.

ASSESSMENT CRITERION 2

2. The data is captured accurately.

ASSESSMENT CRITERION 3

3. The customer is advised of the due date in accordance with the notice period.

ASSESSMENT CRITERION 4

4. The pay out instruction is effected according to the customer's request.

SPECIFIC OUTCOME 3

Close an Investment Account.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The reason for closure is established in accordance with company specific requirements.

ASSESSMENT CRITERION 2

2. The customer's instruction is authenticated and verified in accordance with company specific requirements.

ASSESSMENT CRITERION 3

3. The data is captured accurately.

ASSESSMENT CRITERION 4

4. The pay out is effected in accordance with company specific requirements and customer instruction.

ASSESSMENT CRITERION 5

5. The authority to close the account is obtained in accordance with company specific requirements.

SPECIFIC OUTCOME 4

Resolve Investment Queries.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The customer's query is identified and interpreted correctly.

ASSESSMENT CRITERION 2

2. The customer's query is resolved by using relevant and supporting information.

ASSESSMENT CRITERION 3

3. The outcome of the query is communicated to the customer within company specific turnaround time.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.

2. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.

3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution which is accredited by the relevant ETQA.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

knowledge of signing arrangements;

knowledge of the security features built into Identity Documents;

knowledge of the company's identification policy;

knowledge of the computer system used by the company;

knowledge of interest calculations;

knowledge of the current interest rates;

knowledge of the company's products / services relating to investments

knowledge of reports/data storage

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO IDENTIFYING

To identify and solve problems when establishing the reason for the closure of the account and when relating to investment queries.

UNIT STANDARD CCFO COMMUNICATING

To communicate effectively when establishing the customer's needs and when taking and confirming customers instructions.

UNIT STANDARD CCFO SCIENCE

To use technology effectively when capturing data.

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015.

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Elective	20185	Further Education and Training Certificate: Banking	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	BANKSETA

PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD:

This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.

1.	AAR Trading and Projects (Pty) Ltd
2.	Advanced Assessments and Training (Pty) Ltd
3.	Africa Glory Empowerment Services
4.	Assured Vocational Skills Institute (Pty) Ltd
5.	Brainwave Project 707 Pty Ltd
6.	Brainwave Projects 707
7.	Compuscan Academy
8.	DC Academy
9.	Delmas Development Centre
10.	Fachs Business Consulting and Training
11.	Gigimo Tourism Academy
12.	MAT 007 (PTY) LTD
13.	Matibidi Raphela Investments (Pty) LTD
14.	Octomate Education Pty Ltd
15.	Octopus Training Solutions
16.	Production Management Institute of Southern Africa (Pty) Ltd
17.	RIAPHATHUTSHEDZA
18.	SIGNA ACADEMY (PTY) LTD
19.	Sinovuyolethu Trading (Pty) Ltd
20.	THE SHERQ CENTRE OF EXCELLENCE PTY LTD