---
esco_uri: http://data.europa.eu/esco/skill/3c209873-c757-47bb-91b5-9b6dc05df116
esco_label: "banking activities"
relation: essential
onet_soc: 13-2052.00
source: stackexchange
confidence: high
qa_count: 5
generator: gemma3:27b (prompt-designed and spot-checked by Claude)
generated: 2026-07-10
---

# banking activities — Financial Advisor

As a Financial Advisor, 'banking activities' isn’t about *being* a banker, but deeply understanding the banking landscape your clients operate within. Daily, this means going beyond simply knowing interest rates. You'll analyze client statements – checking, savings, loan details – to build holistic financial plans. This includes assessing cash flow for investment opportunities, identifying unnecessary bank fees impacting net worth, and advising on optimal account structures (e.g., high-yield savings vs. money market funds). Tools used are often banking portals for statement downloads, budgeting software integrating with bank feeds, and comparative analysis spreadsheets of different bank product offerings.

## Praxiswissen (Stack Exchange, CC-BY-SA 4.0)

**An individual is being offered financial support in exchange for companionship and is asked to provide their online banking login credentials as a condition of receiving funds.**

Never share your online banking credentials with anyone, regardless of their promises or intentions. Legitimate transfers do not require access to your account details; requesting this information is a clear indicator of fraudulent activity. Protecting sensitive financial data is crucial, and sharing it could lead to significant financial loss with limited recourse.

*Source: [Sugar daddy wants my online banking login info to make deposits — is it a scam?](https://money.stackexchange.com/q/97274) — answer by anonymous, CC-BY-SA 4.0*

**The asker's father was contacted by a woman on Facebook offering him money for acting as an intermediary in fund transfers, requiring him to open a new bank account. The asker is concerned it may be a scam.**

This situation is almost certainly fraudulent and relies on exploiting the time lag between depositing funds and their verification. Scammers prey on hope for easy money by asking individuals to move funds before checks clear, knowing those funds will ultimately bounce. It's crucial to avoid any arrangement where you receive money with the expectation of forwarding it, as this can lead to significant financial loss, legal issues, and damage to your banking record.

*Source: [Scam or Real: A woman from Facebook apparently needs my bank account to send mon](https://money.stackexchange.com/q/67941) — answer by Daniel Anderson, CC-BY-SA 4.0*

**A tenant in Quebec had their rent cheque stolen from their landlord while en route to the bank and is unsure if they are still responsible for paying, despite not being at fault.**

Legal obligations regarding payment remain even when issues arise during the transfer of funds. While the loss wasn't the tenant’s responsibility, the rental agreement requires rent payment; therefore, a new cheque is necessary. It *is* reasonable to negotiate reimbursement for any fees incurred due to mitigating the situation (like stop-payment fees) from the landlord.

*Source: [Rent cheque was stolen from landlord - am I obligated to pay again?](https://money.stackexchange.com/q/95596) — answer by TTT, CC-BY-SA 4.0*

**The asker is repeatedly asked by an acquaintance to send MoneyGram transfers using their name and the acquaintance's money, ostensibly for family travel expenses that haven’t materialized, raising concerns about potential illegal activity.**

This situation represents a significant legal risk. Allowing someone else to use your identity for financial transactions, especially frequent ones with inconsistent details, can easily implicate you in illicit activities like money laundering – even if unintentional. Prioritizing self-protection through legal counsel is crucial before further engagement and potentially involving law enforcement.

*Source: [Why is a friend asking me to make multiple Money Gram transfers in my name using](https://money.stackexchange.com/q/102923) — answer by Glen Pierce, CC-BY-SA 4.0*

**A person’s friend has been offered a job involving receiving funds via electronic transfer, converting them to Bitcoin, and sending the Bitcoin to others; they are concerned this may be illegal or fraudulent.**

This situation is almost certainly a money laundering scheme known as being a 'money mule'. Accepting funds from unknown sources and converting them into cryptocurrency creates significant legal risk because the initial funds are likely illicit. The friend will likely be held responsible for losses when the fraudulent origin of the transferred money is discovered, with no recourse to recover the Bitcoin sent onward.

*Source: [Is this work legal? Someone promises payment for converting money transfers to B](https://money.stackexchange.com/q/98250) — answer by ashif antor, CC-BY-SA 4.0*

## Weitere Anreicherung

Stage-2 source for future practitioner grounding: EconStor (open-access economics/finance literature).
