BRANCHES OF C.M.I
The Canadian Monetary Funds branch of C.M.I keeps and manages money and accounts for different types of monetary funds for its clients and members. It attracts and mobilizes more than 270 million dollars of money and capital scattered for investments. It pays high interests on bills of exchange and funds borrowed and lent to its clients and prepares money receivable accounts and money payable accounts as well as debtor’s control accounts and creditor’s control accounts, and monetary income and expenditure accounts for its clients. It also prepares trader’s accounts, salaries accounts, cash flow statements, purchase of business accounts, merger and acquisition accounts, financial reports and consolidated balance sheets for its numerous clients and members. It provides monetary credits and financial services and sells stocks and shares and debentures for its clients. It also undertakes fund raising services and money depositories work, and carries out foreign money exchange trade and money clearing work for its clients.
In addition, Canadian Monetary Funds provides Telegraphic Money, Scientific Money, and Electronic Funds Transfer Service through MasterCard, Visa, Ria Money, Union Pay, Western Money Union and Money Gram for its customers. Canadian Monetary Funds creates and issues Digital Cash, Scientific Money and Electronic Money, Internet and Mobile Money as well as Electronic Money Order, and it issues Electronic Cheques as well as Cryptocurrency based on Gold Bullion, Silver and Diamond value as well as Credit Cards. It prepares retailer’s accounts, wholesaler’s accounts, investments accounts and company’s accounts to its clients. It provides excellent money exchange services for its populous customers and members. Canadian Monetary Funds keeps funds in all Currencies (Euro, Pounds Sterling, US Dollars, Yuan and yen). It keeps and manages different types of monetary funds for its clients as mentioned below:
Furthermore, the Canadian Monetary Funds provides excellent telegraphic money, electronic monetary funds transfer and payment service for its Clients; it does overseas wire money transactions and monetary funds exchange service and performs automated monetary funds payment and money clearing service and monetary securities brokerage service for its Clients. The Canadian Monetary Funds also provides the following medium of exchange as well as mode and means of payments to its customers in the money market.
Canadian Monetary Funds draws and discounts Scientific and digital Money Order, Electronic Monetary Bills of Exchange for its customers in Money Market. (Value $ 24million dollars)
Canadian Monetary Funds draws and discounts Electronic Monetary Treasury Bills, whether they are “nominal”, “order” or “bearer” bills derivative for its customers. (Value $ 19 million dollars)
Canadian Monetary Funds issues and discounts Electronic Monetary Bonds and Debentures, whether they are perpetual, convertible, secure and naked Debentures derivative to its clients in Money Market. ( Value $ 27 million dollars)
Canadian Monetary Funds issues and discounts Monetary Promissory Notes in Money Market for its clients. (Value $ 13 million dollars)
Canadian Monetary Funds issues and discounts Electronic Credit Cards and Commercial Papers for its clients in Money Market. (Value $ 15 million dollars)
Canadian Monetary Funds draws and discounts Monetary Negotiable Credit Finance Instruments for its clients in Money Market. (Value $ 17 million dollars)
BRANCHES OF C.M.I
The Canadian Monetary Agency branch of C.M.I serves as monetary agent to formulate and implement monetary business plans, monetary policies and monetary programs that cost over $250 million dollars for its customers in the money market. We design money investment plans and develop monetary projects for our clients and members. We write monetary reports and financial account statements as well as debtor’s control accounts and creditor’s control accounts, and balance sheets for our populous customers and members as agent. We prepare monetary income flow statements for customers and we audit monetary and financial statements and accounts for our customers in the money market. We also draw, endorse, accept and settle bills of exchange, promissory notes, and other negotiable instruments for our clients.
Canadian Monetary Agency liaises with MasterCard, Visa, Ria Money Transfer, Union Pay, and Western Money Union and Money Gram to transfer digital cash and electronic money, Internet and Mobile Money payments service wealth of over 170 million dollars for its populous clients and members as agent in the money market. We develop and promote new types of scientific money, digital cash and electronic money. We also develop, create and issue new types of cryptocurrency based on precious metals: gold, silver, diamond, platinum, titanium value, and electronic money order. We as agent create, print and discount scientific and electronic cheques and redeem monetary bills of exchange, draw electronic monetary treasury bills, and clear monetary bonds and monetary debentures for our clients in the money market.
The Canadian Monetary Agency provides the following monetary agent business services to its customers as summarised below:
The Canadian Monetary Agency provides accounts publishing service and fund raising service for Canadian Monetary Funds in the money market. We design Canadian monetary development plans; we develop Canadian monetary insurance schemes, monetary plans and monetary programs for our clients and we serve as catalyst agent to assess and evaluate, promote and enhance Canadian monetary economic growth in collaboration with the World Monetary and Global Banking Research Institute.
The Canadian Monetary Agency assesses the impact of Canadian monetary policy and analyses its monetary plans for its clients. It provides excellent monetary consultancy advice on Canadian monetary economy policies and monetary programs for its customers in the money market. It evaluates Canadian monetary reports and measures Canadian monetary economy performance and efficiency for its clients as agents.
The Canadian Monetary Agency serves as money exchange and trading agent as it provides electronic foreign exchange (forex) trading service to its clients in all convertible currencies such as Canadian Dollar, Euro, Pounds Sterling, US Dollar, Yuan, Rubble, Dinar, Suisse Franc, Australian Dollar, Rand, Krona, Peso, C.F.A Franc, Naira, Yen etc… of over $120 million dollars for global payment of import of goods and Services. As monetary agent, we analyse and evaluate money exchange rates, free float currency rates, inflation and deflection rates as well as depreciation and appreciation of the value of quoted currencies for our clients in the money market. In addition, we assess money swap, currency hedge, and currency interest rates. Furthermore, we also examine the fixed and floating money interest rates as well as interest rate variations in cross-currency swaps for our clients. We buy and sell all currencies in the money market. We also measure the elasticity of demand and supply of foreign exchange, and assess how it determines the currency price as agent.
BRANCHES OF C.M.I
Canadian Monetary Transfer Telecommunication Centre of C.M.I provides over 230 million dollars Telegraphic Money and Electronic Funds Transfer Service through MasterCard, Visa, Ria Money, Union Pay, Western Money Union and Money Gram for its customers in the money market. Canadian Monetary Transfer Telecommunication Centre provides telegraphic money and electronic monetary funds transfer and payment service for payrolls, direct deposit, refunds, consumer bills, Interact, ATM and many more payments services for its customers in the money market. It does overseas wire transactions and monetary funds exchange in all currency such as Canadian dollar, Euro, Pounds Sterling, US Dollars, Yuan and yen, etc… for its clients The Canadian Monetary Transfer Telecommunication Centre designs and develops new monetary information communication technology networks and carries out electronic money transfer telecommunication service for its clients, and provides excellent financial solutions to Canadian money transfer problems by delivering the following services among others.
Canadian Monetary Transfer Telecommunication Centre also provides international money transfer service, and issue telegraphic money order to promote business transactions with individuals, banks and companies globally. It also provides excellent global telecommunication money transfer payments, and financial telecommunication transfer settlements for imports and exports. We liaise with global ATM alliance and major international banks that allows our customers to use the ATM and VISA cards worldwide.
Money Management Training Skills
We provide efficient money management skills training to members of the Canadian Monetary Institute and the public and offer professional accounts and money management certificates and diplomas to its members and the public, and we provide money management conferences, money and account seminars and money market management workshops service to its members and society. The membership training skills certificates and diplomas in accounts and money management fee cost $ 1300 for individuals and $ 3000 for corporates team and leadership in accounts and money management.
Membership Shares Subscriptions and Authorized Capital
The Canadian Monetary Institute (C.M.I) admits individual members of the public with shares holding subscription each and from business associations, trade unions, and the following business groups among others. Its members’ total authorised capital is 1711 million dollars.
Banks members share: $2000 each, credit unions members share: $1500 each savings and loans members share: $1300 each, microfinances members share: $1000 each, financial groups members share: $4000 each, financial houses members share: $1600 each, discounts houses members share: $1200 each, clearing houses members share: $1100 each, trading houses members share: $1500 each, depositories members share: $1300 each, stocks exchanges members share: $1500 each, securities brokerage institutes members share: $1400 each, securities dealer members share: $1100 each, exchanges and money brokers share: $1000 each, international conglomerates members share: $5000 each, transnational corporations members share: $4500, public companies members share: $1700 each, joint-stocks companies members share: $1500 each, private companies members share: $ 1500 each, joint-venture companies members share: $1500 each, public corporations share: $1200 each, partnerships members share: $1300 each, sole-proprietor enterprises members share: $ 1000 each, and co-operatives societies members share: $ 1200 each, colleges share $ 1000 each and other business associations members of the money market.
The Canadian Monetary Institute (C.M.I) also researches into Fiat money, scientific money, and electronic money as well as the Canadian monetary reserve, and Canadian demand and supply of money for its clients. It also assesses and evaluates the various qualities and properties of good money as a commodity used to buy other commodities for its clients in the money market, in partnership with the World Monetary and Global Banking Research Institute.
The qualities and properties of good money for its clients to know are as follows:
(a) Fungibility of good money: good money notes, denominations or amount units must be capable of interchanges (i.e., interchangeability of good money on the currency market.)
(b) Durability of good money: good money coins and notes must be durable to last long, and it must withstand repeated use across time on the money market.
(c) Portability of good money: good money coins and notes must be easily carried, transported and transferred.
(d) Cognoscibility of good money: good money value must be easily recognised as current on the currency or money market.
(e) Stability of value of good money: good money value or price should be precious and must not fall or depreciate or fluctuate on the money market.
The Canadian Monetary Institute (C.M.I) also conducts excellent conceptual, analytical, empirical, theoretical, practical and state of the art monetary research into Canadian monetary system as a whole, and provides financial solutions to Canadian money management problems for its clients. It plans and designs efficient money transfer telecommunication technology networks for its clients in the money market. It also examines Canadian money demand and supply and evaluates the Canadian monetary reserve and Canadian monetary contributions to the International Monetary Fund (IMF) in partnership with the World Monetary and Global Banking Research Institute.