The materials provided are on investment products in foreign exchange markets, the money market, fixed income and derivatives as well as on regulations and codes of conduct.

"The treasury function is like the heart of a bank, an organ that regulates the blood flow to the whole body," BCA president director Jahja Setiaatmadja said during the signing ceremony in Jakarta on Tuesday.

Not only bank officials but also corporations were required to understand treasury functions, he went on.

(Read also: Private lender BCA establishes capital venture, eyeing fintech)

"It will be better if our counterparties also have good treasury teams, so that business miscommunication can be avoided," he said.

BCA grants its treasury learning materials to ACI FMA Indonesia, so after some modifications, they can be accessed by a wider public.

ACI FMA Indonesia is a profession association that aims to develop its members' education and skills, especially on the financial market, through e-learning.

"The skills, especially treasury skills, are different at each bank, including a lender’s ability to provide education [for its officials]. That's why we created a program that is accessible to the public," the association’s chairman, Branko Windoe, said.

The e-learning course is available for free or almost free for the association’s members and at a yet-to-be-determined fee for non-members. (bbn)

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