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World Bank Resume and Cover Letter Samples

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Cover Letters and Resume Samples

Sample Statements of Interest for World Bank

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Are you looking to apply for a job at the World Bank and want to make a great impression? You’re in the right place. This page provides examples of how to write statements of interest for different positions at the World Bank.

These samples are meant to show you the way to express your desire for the job, your qualifications, and your passion for the Bank’s mission.

We’ve also included some tips to help make your statement stand out. Whether you’re aiming for a role in economics, environmental policy, or finance, these examples can guide you in crafting a statement that speaks about your strengths and dedication.

So dive in and get inspired to write a statement that could open the doors to an exciting opportunity at the World Bank.

World Bank Economic Analyst Statement of Interest Sample

Dear Members of the Hiring Committee,

It is with a deep sense of purpose that I submit my application for the role of Economic Analyst at the World Bank. The intersection of economic development and global policy-making is where my academic training and professional engagements converge, embodying the very essence of the World Bank’s mission to reduce poverty and support sustainable development.

Through my Master’s Degree in Economics with a specialization in Development Economics, along with my experience working in international and community-based organizations, I have developed robust analytical skills and a comprehensive understanding of economic drivers that influence development. My zeal for utilizing economic principles to craft solutions to global challenges is what motivates me on this professional journey.

My previous role as an analyst with the Sustainable Development Think Tank allowed me to work closely on projects aimed at increasing financial inclusion and fostering economic resilience amongst marginalized populations. This work not only required rigorous economic analysis but also a compassionate approach towards understanding the diverse needs of underprivileged communities.

What excites me most about the possibility of joining the World Bank is the chance to work on a global stage to implement strategies that improve the living standards of millions. The Bank’s initiatives, such as the International Development Association (IDA), have always served as a beacon of hope and a model of effective impact, which I ardently wish to contribute to.

I am captivated by the World Bank’s commitment to innovation and the application of research for development impact. In my academic and professional endeavors, I have consistently sought to pioneer analytical methodologies that can serve as valuable tools for policymakers. I am eager to apply this innovative mindset to the complex challenges faced by the World Bank.

Being adept at cross-cultural communication and fluent in multiple languages, I appreciate the importance of local contexts in shaping economic policy. My experiences have nurtured my ability to collaborate effectively with diverse teams and to articulate complex economic concepts to a variety of audiences.

I am committed to the mission of alleviating poverty and look forward to the opportunity to contribute to the World Bank’s body of work with my unique blend of skills and passionate focus on economic development.

Enclosed is my resume for your review. I am very much looking forward to the opportunity to further discuss how my experience, insights, and enthusiasm for economic development can align with the ambitions of the World Bank.

Thank you for considering my application.

Warm regards,

[Your Name]

[Enclosed: Resume of [Your Name]]

World Bank Environmental Policy Advisor Statement of Interest Sample

Dear Hiring Committee,

I am writing to express my profound interest in joining the World Bank as an Environmental Policy Advisor. My academic background, coupled with my hands-on experience in environmental sustainability and policy-making, aligns closely with the core missions of the World Bank to promote environmentally and socially sustainable development worldwide.

The World Bank’s commitment to managing natural resources and fostering human well-being aligns perfectly with my professional outlook. My Doctorate in Environmental Science has furnished me with in-depth knowledge of sustainable practices. Moreover, my career reflects a track record of formulating environmental policies that not only support economic growth but also ensure ecological balance.

During my tenure with the National Council for Sustainable Development, I played a pivotal role in developing climate change mitigation strategies, which have been lauded for their innovativeness and impact. This experience has honed my skills in analyzing complex environmental data and translating it into actionable policies. My continued focus on sustainable development has been the bedrock for launching community-based initiatives that aid in resource conservation.

The World Bank’s projects, such as the Climate Change Action Plan, resonate deeply with my expertise and dedication. I am eager to bring my analytical skills and strategic thinking to the World Bank, facilitating initiatives that prioritize both developmental aspirations and environmental conservation.

Having engaged with diverse stakeholders from government bodies, non-profit organizations, and the private sector, I have cultivated a broad perspective and an ability to work in multifaceted teams. My robust communication skills enable me to effectively advocate for policy shifts and engage with international counterparts to drive global change.

I am passionate about the opportunity to collaborate with the dedicated teams at the World Bank and contribute to groundbreaking projects that can have lasting positive impacts on our planet and its inhabitants. Enclosed is my resume, which provides greater detail on my qualifications.

Thank you for considering my application. I am looking forward to the opportunity to discuss how my background, skills, and enthusiasm can contribute to the invaluable work of the World Bank.

Warmest regards,

[Enclosed: Resume of John Smith]

World Bank Financial Officer Statement of Interest Sample

With great enthusiasm, I present my candidacy for the position of Financial Officer at the World Bank. My comprehensive background in finance and unwavering dedication to global economic development propels me to seek this role within an institution renowned for its pivotal work in enhancing prosperity and reducing poverty across the globe.

Possessing a solid educational foundation with a Master’s Degree in Finance, along with proven experience in financial analysis and management in the non-profit sector, I am well-equipped to navigate the intricate financial mechanisms that underlie world economies. In my current role at International Growth Initiatives, I have been instrumental in developing financial strategies that support sustainable development projects, whilst maximizing transparency and accountability.

The World Bank’s multifaceted approach to addressing global financial challenges, particularly through vehicles like the International Finance Corporation (IFC), is inspirational to me. I am keen to contribute to the design and execution of financial portfolio management strategies that elevate the Bank’s objectives and offer measurable societal benefits.

My professional journey has been marked by no small measure of accomplishments in optimizing fiscal operations, improving budgetary performance, and implementing robust financial reporting systems. The diligence in my approach toward achieving financial excellence is coupled with a belief that financial integrity is crucial for attaining broad-reaching developmental outcomes.

I am particularly attracted to the prospect of working within a multicultural environment like the World Bank, where diverse perspectives foster innovative solutions. My aptitude for clear communication and complex problem-solving is matched by my proficiency in multiple languages, which I believe will be an asset in interacting with international stakeholders and enhancing collaborative efforts.

In alignment with the World Bank’s mission to fight poverty with passion and professionalism, I am eager to bring my blend of expertise, strategic outlook, and dedication to economic empowerment to the Financial Officer role. My resume, enclosed with this letter, details my qualifications and achievements.

I greatly appreciate your consideration and am looking forward to the possibility of discussing how my vision and skills align with the high standards and strategic objectives of the World Bank.

Thank you for your time and consideration.

Best regards,

Sample Statements of Interest for World Bank Page Image 2

How to Write a Perfect Statement of Interest for a World Bank Job?

Crafting a compelling Statement of Interest for a World Bank position is crucial for standing out in a competitive field. Here’s a guide to help you create an impactful letter:

1. Understand the World Bank’s Goals

Before you begin writing, familiarize yourself with the World Bank’s mission, recent projects, and strategic objectives. Align your skills and experiences with their goals for poverty reduction and global development.

2. Start with a Strong Opening

Begin your statement with an engaging and personalized introduction. Clearly state the position you’re applying for and why you are passionate about the role and working for the World Bank.

3. Highlight Relevant Education and Experience

Outline your academic qualifications and professional experiences that are pertinent to the job. Focus on achievements that demonstrate your capabilities and directly relate to the core competencies of the World Bank.

4. Discuss Your Technical Skills and Soft Skills

In addition to technical expertise, the World Bank values soft skills such as cross-cultural communication, teamwork, and adaptability. Illustrate these skills with concrete examples from your career.

5. Show Your Knowledge of Global Issues

Demonstrate your awareness and understanding of global financial and development issues. Discuss how your background has prepared you to tackle these challenges effectively within the World Bank framework.

6. Be Concise and Focused

Keep your statement of interest succinct and to the point. Ideally, limit it to one page, and make sure every sentence adds value and relevance to your application.

7. Personalize Your Statement

Reflect your unique personality and professional brand. Avoid generic statements; instead, provide specific insights into your enthusiasm and vision for contributing to the World Bank’s mission.

8. Convey Your Commitment

Show that you are committed not just to the job but to the cause of global development and poverty alleviation. Your dedication should come through in your writing.

9. Proofread and Edit

Ensure your statement is flawlessly written. Grammar mistakes and typos can detract from your credibility. Have someone else review your statement before submission.

10. Close with a Call to Action

End with a polite thank you and an invitation to further discuss your application. Provide a seamless segue to an interview, showing eagerness to move to the next step in the hiring process.

11. Attach Your Resume

Do not forget to mention that your resume is attached, as it will offer a more detailed account of your professional journey.

Finally, remember that your Statement of Interest is your opportunity to make a strong first impression. Make it count by being authentic, enthusiastic, and articulate in expressing how you can be an asset to the World Bank.

  • World Bank Cover Letter Sample & Writing Guide
  • Top 10 Career Objective Examples for Bank Job
  • Sample Cover Letter for Internship in Bank
  • Scotia Bank Job Cover Letter Sample

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Hi Mahboobeh Jafarzadeh:

You’re welcome! If you have any further questions about crafting an effective statement of interest for the World Bank or any other job application queries, feel free to ask. Best of luck with your application!

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Treasury Summer Internship Cover Letter Template

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StandOut CV

Banking cover letter examples

Andrew Fennell photo

If you’re hoping to land your next banking role, then you need a cover letter that’s right on the money.

In our step-by-step guide, we’ll share our top tips and advice for writing an impressive application.

We’ve also created some banking cover letter examples to inspire your own. Check them out below.

CV templates 

Banking cover letter example 1

Banking cover letter 1

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Banking cover letter example 2

Banking cover letter 2

Banking cover letter example 3

Banking cover letter 3

These 3 Banking cover letter example s should provide you with a good steer on how to write your own cover letter, and the general structure to follow.

Our simple step-by-step guide below provides some more detailed advice on how you can craft a winning cover letter for yourself, that will ensure your CV gets opened.

How to write a Banking cover letter

A simple step-by-step guide to writing your very own winning cover letter.

How to write a cover letter

Write your cover letter in the body of an email/message

When writing your Banking cover letter, it’s best to type the content into the body of your email (or the job site messaging system) and not to attach the cover letter as a separate document.

This ensures that your cover letter gets seen as soon as a recruiter or employer opens your message.

If you attach the cover letter as a document, you’re making the reader go through an unnecessary step of opening the document before reading it.

If it’s in the body of the message itself, it will be seen instantly, which hugely increases the chances of it being read.

Write cover letter in body of email

Start with a friendly greeting

Cover letter address

To start building rapport with the recruiter or hiring manager right away, lead with a friendly greeting.

Try to strike a balance between professional and personable.

Go with something like…

  • Hi [insert recruiter name]
  • Hi [insert department/team name]

Stay away from old-fashioned greetings like “Dear sir/madam ” unless applying to very formal companies – they can come across as cold and robotic.

How to find the contact’s name?

Addressing the recruitment contact by name is an excellent way to start building a strong relationship. If it is not listed in the job advert, try to uncover it via these methods.

  • Check out the company website and look at their  About page. If you see a hiring manager, HR person or internal recruiter, use their name. You could also try to figure out who would be your manager in the role and use their name.
  • Head to LinkedIn , search for the company and scan through the list of employees. Most professionals are on LinkedIn these days, so this is a good bet.

Identify the role you are applying for

Once you’ve opened up the cover letter with a warm greeting to start building a relationship, it is time to identify which role you want to apply for.

Recruiters are often managing multiple vacancies, so you need to ensure you apply to the correct one.

Be very specific and use a reference number if you can find one.

  • I am interested in applying for the position of *Banking role* with your company.
  • I would like to apply for the role of Sales assistant (Ref: 406f57393)
  • I would like to express my interest in the customer service vacancy within your retail department
  • I saw your advert for a junior project manager on Reed and would like to apply for the role.

See also: CV examples – how to write a CV – CV profiles

Highlight your suitability

The sole objective of your cover letter is to motivate recruiters into to opening your CV. And you achieve this by quickly explaining your suitability to the roles you are applying for.

Take a look at the job descriptions you are applying to, and make note of the most important skills and qualifications being asked for.

Then, when crafting your cover letter, make your suitability the central focus.

Explain why you are the best qualified candidate, and why you are so well suited to carry out the job.

This will give recruiters all the encouragement they need to open your CV and consider you for the job.

Cover letter tips

Keep it short and sharp

A good cover letter is short and sharp, getting to the point quickly with just enough information to grab the attention of recruiters.

Ideally your cover letter should be around 4-8 sentences long – anything longer will risk losing the attention of time-strapped recruiters and hiring managers .

Essentially you need to include just enough information to persuade the reader to open up your CV, where the in-depth details will sit.

Sign off professionally

To round of your CV, you should sign off with a professional signature.

This will give your cover letter a slick appearance and also give the recruiter all of the necessary contact information they need to get in touch with you.

The information to add should include:

  • A friendly sign off – e.g. “Kindest regards”
  • Your full name
  • Phone number (one you can answer quickly)
  • Email address
  • Profession title
  • Professional social network –  e.g. LinkedIn

Here is an example signature;

Warm regards,

Jill North IT Project Manager 078837437373 [email protected] LinkedIn

Quick tip: To save yourself from having to write your signature every time you send a job application, you can save it within your email drafts, or on a separate documents that you could copy in.

Email signatures

What to include in your Banking cover letter

Here’s what kind of content you should include in your Banking cover letter…

The exact info will obviously depend on your industry and experience level, but these are the essentials.

  • Your relevant experience – Where have you worked and what type of jobs have you held?
  • Your qualifications – Let recruiters know about your highest level of qualification to show them you have the credentials for the job.
  • The impact you have made – Show how your actions have made a positive impact on previous employers; perhaps you’ve saved them money or helped them to acquire new customers?
  • Your reasons for moving – Hiring managers will want to know why you are leaving your current or previous role, so give them a brief explanation.
  • Your availability – When can you start a new job ? Recruiters will want to know how soon they can get you on board.

Don’t forget to tailor these points to the requirements of the job advert for best results.

Banking cover letter templates

Copy and paste these Banking cover letter templates to get a head start on your own.

Hello Harry

I am keen to showcase my interest in the Bank Manager position at Investec. With a distinguished career in the financial service industry spanning over 15 years, I am excited about the opportunity to lead a dynamic team, steer exceptional customer experiences, and contribute to the success of your company.

Throughout my career at Metro Bank, I have held progressively responsible roles, where I honed my expertise in optimising branch operations, client service, team management, and business development across all activities. Some of the significant contributions I have played throughout my time at Metro Bank include, increasing deposits by 30% through integrating targeted marketing campaigns and relationship-building strategies, developing training programs which enhanced branch staff’s cross-selling of bank products by 50%, and lessening annual expenses by £80K by negotiating favourable contracts with suitable vendors.

My passion for fostering a customer-centric culture has been the driving force behind my success, and I am confident that my collaborative approach and ability to build and maintain relationships will ensure continued growth for Investec as a whole. Thank you very much for considering my application and I hope to hear from you very soon regarding scheduling an interview.

Kind regards

Ellen Mount ¦ 07777777777 ¦ [email protected]

I hope you’re well. I am thrilled to apply for the Private Banker role at Santander, as advertised on Indeed. With a successful track record in wealth management and a deep commitment to delivering personalised financial solutions to high-net-worth clients, I am eager to contribute my expertise to your institution.

I possess 7 years of experience as a Private Banker at CitiBank, where I increased AUM by 20% since 2016, successfully generated £3M in revenue and exceeded individual/team targets through cross-selling financial products to clients. I also boosted CSAT scores by 10% within 3-months due to promptly addressing any complaints.

I am eager to leverage my skills to enhance your establishment’s reputation and ensure to its continued success. As a highly analytical professional, I thrive in dynamic market environments and excel at navigating complex financial landscapes. My dedication to providing exceptional service is matched by my commitment to stay abreast of industry trends and guaranteeing my clients receive the most relevant advice.

Thank you for considering my application and look forward to attending an interview at your convenience.

Simon Piles ¦ 07777777777 ¦ [email protected]

Good morning, Gary

I am excited to apply for the Junior Teller role at Fidelity Bank. I am eager to leverage my skills and commitment towards maintaining the high standards of service associated with your institution.

Throughout my academic journey and part-time experiences, I have developed a deep understanding of banking procedures, where I gained valuable insights into the importance of accuracy, confidentiality, and efficiency in handling transactions. As a recent HND Banking Graduate from Lincoln College, I possess theoretical knowledge in financial accounting and economics.

Additionally, I completed a one-year internship at TD Group where I was exposed to real-world cash handling, account management, and customer interactions. During this internship I assisted in the implementation of a new process for addressing inquiries that reduced wait times by 20%, as well as assuring a 100% record of compliance with bank policies which led to successful audits with no major findings.

Please feel free to reach out to me via email or by phone at your convenience to schedule an interview. Thank you for considering my application.

Lisa McKenzie ¦ 07777777777 ¦ [email protected]

Writing an impressive cover letter is a crucial step in landing a Banking job, so taking the time to perfect it is well worth while.

By following the tips and examples above you will be able to create an eye-catching cover letter that will wow recruiters and ensure your CV gets read – leading to more job interviews for you.

Good luck with your job search!

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Karl Kahler

Banking cover letter example

Banking cover letter example

Sometimes it’s bad news when you get a letter from the bank. But let’s talk about writing a letter to the bank. Because if you’re a banker looking for work, you’re going to need to write one — a persuasive banker cover letter.

Even if you’ve already created the perfect resume, you’re only half done. This article will discuss the crucial other half of your banker application, the cover letter. Resume.io is a leading provider of job search advice and tools, with resources that include more than 180 occupation-specific writing guides and corresponding cover letter examples.

The guide you're reading now is backed by a banking cover letter example that you can adapt for your own use.

What we’ll discuss here:

  • Why a banking cover letter is a critical component of your job application
  • How a cover letter is structured and what each component should contain for optimal impact: header, greeting, introduction, body and conclusion
  • Proper design for a banker cover letter and why looks matter
  • The psychology of persuasive writing
  • Mistakes to avoid
  • Tips for writing a banking cover letter when you lack experience

The job outlook for banking

“Banking” is a blanket term for a wide variety of finance-related occupations, everything from investment banking to starting out as a bank teller, but in general bankers are well-paid and in demand. For example, loan officers earned a median annual salary of $63,960 in 2020, according to the Bureau of Labor Statistics. J ob growth of 1% was anticipated for this profession from 2020 through 2030, much slower than the occupational average.

The banking industry grows a bit more complicated every year as new financial products are designed and new technologies develop to manage and move money globally. Banks also have to guard against the increasingly sophisticated cybercrimes that banking activity inevitably attracts. 

The good news is, if you’re a banker seeking a job, all you need are two pieces of paper. Just two! Imagine a business loan application that was so simple.

The two documents you need are an outstanding resume and an irresistible cover letter. The resume covers your employment history, education and skills. But the cover letter is how you get your foot in the door.  

For more ideas, take a look at some other cover letter writing guides and examples in our accounting & finance category listed below. 

  • Accounting cover letter sample
  • Finance cover letter sample
  • Administration cover letter sample
  • Bookkeeper cover letter sample
  • Finance Assistant cover letter sample
  • Finance Manager cover letter sample
  • Bank Teller cover letter sample
  • Auditor cover letter sample
  • Private Equity cover letter sample
  • Accounting and finance cover letter sample
  • Bank Manager cover letter sample
  • Loan Processor cover letter sample
  • Accounting Internship cover letter sample
  • Financial Advisor cover letter sample
  • CFO cover letter sample

Why a banker needs a cover letter

Imagine you’ve been working at a bank for six years and you’d like to be considered for promotion to a new position. Would you just stick your resume under your boss’s door and wait to hear back? 

Hopefully, you would approach your boss in person, ask if s/he had a moment to talk, and then make a brief but persuasive pitch, emphasizing your previous achievements on the job and explaining why you’re ready to embrace some new challenge. Then you can hand the boss your resume. Which of these strategies do you think would be more successful — the resume stuck under the door or the personal approach?

The whole point of a cover letter is to make a personal approach to someone who has the power to offer you a job. While your job application may be subjected to all kinds of electronic filters, ultimately you’ll need a human being to offer you a job. This is your chance to introduce yourself to that person. 

There may be debate about whether or not to write a cover letter, but according to LinkedIn , you’re always better off making the extra effort.

Surveys of hiring managers have found that one of the top reasons resumes are rejected is because they aren’t accompanied by cover letters. A resume without a cover letter is like a flyer stuck under a windshield wiper: People usually throw them away.

Getting the tone right for your banker cover letter

Banking is among the most traditional and buttoned-down professions. Investment bankers don’t go to their jobs on Wall Street wearing tank tops. There’s a formality that pervades the industry, and it’s reflected in the way letters are written. Unless you belong to an uncontacted tribe in the Amazon, you’ve probably received a letter from a bank. Letters from banks tend to be friendly but professional, getting to the point quickly and informatively, and then inviting you to contact the bank if you have any questions or need any help.

Your cover letter should hit all the same notes. Keep it short, friendly and professional, yet use this space to make an irresistible pitch, and close with a call to action. The whole point of a cover letter is to establish a personal connection to a hiring manager. So while you’re writing a formal business letter, it should also be written with a personal touch.

Hold your cover letter to one page, with a maximum of 400 words, and put some thought into writing it. You need to find the right tone, and use that voice to highlight your experience, training and other qualifications for the job.

Always include a cover letter with a resume unless you are specifically asked not to. A few employers prefer that you send a resume only, and of course you have to respect their wishes. But it’s their loss, because a cover letter is a better vehicle than a resume to convey a candidate’s personality, enthusiasm, friendliness and professionalism.

How to write a cover letter - expert guide [2024]

Here is exactly how you can write a cover letter that will stand out from the crowd, and help you land that interview.

Best format for a banking cover letter

While your bank cover letter offers a lot of latitude when it comes to the tone and content, most cover letters should follow the same basic structure:

  • The cover letter header
  • The greeting
  • The introduction
  • The letter body
  • The conclusion
  • The signature.

Below is a banker cover letter example that you can customize for the position and hiring organization.

17 August, 2020

Dear Mr. Looker,

As a fluent Arabic speaker with four years of investment banking experience in the US/MEA markets, the analyst position at Borton would offer a fascinating next step in my international investment banking career.

After my bachelor’s degree in Finance, I spent three years working in corporate finance, but after my online MBA from Wharton, I started an analyst role in the M&A team at Flux Capital. Over the past four years at Max, I have been the lead analyst for six deals totalling $1.8 billion and have collaborated closely on dozens of others. I have considerable experience in accounting and risk analysis in international markets, with FDI experience concentrated around the Middle East.

As well as working on the valuations and financial viability assessments, I created and updated pitch books and became proficient in writing executive summaries. I enclose non-confidential examples of my best writing work — words make a difference when you are building trust. Giving the right data to the right person gets any deal across the line.

Given that Flux Capital was a boutique firm, I was tasked with raising our profile at networking events and conferences, allowing me to finesse my influencing skills. I am applying to Borton because your scale offers a broader range of opportunities, but I am certain that my “small guy” business development mentality will nevertheless prove useful.

  • Lead analyst on $850 million M&A of US/Saudi natural resources acquisition.
  • Supported the IPO process for eight start-ups onto the NYSE over a four-year period.
  • Used my programming experience to update our in-house financial viability tools.

I am familiar with the culture and reputation of Borton as my uncle is a client and it has been a long-held ambition to work for you. When a role became available, I simply had to put my name in the running for an interview.

Yours sincerely,

Let’s explore what each cover letter component should contain.

Cover letter header

The header of your letter should be an attractively designed section at the top that contains your name, address, phone number and email. Often it will also mention your occupation — for instance, “Investment Banker”.

Other than letting the company know how to reach you, the header is a design element that provides some visual relief from what would otherwise be solid paragraphs of black text.

Your banker resume and cover letter should be designed in the same style — fonts, font sizes and formatting. This gives you a “visual brand” and shows that you’re organized and you pay attention to detail.

Mixing several different fonts and styles will make your resume and cover letter look like Frankenstein’s monster — random parts badly stitched together. Strive for a coherent and consistent design.

Goal of the cover letter header: Distinguish yourself from other job applicants with a visually distinctive style that makes your letter inviting to read. Prominently displaying your contact information makes it easy for impressed recruiters to get in touch.

Greeting for a banker cover letter 

This is the line that says, “Dear Mr. (or Ms.),” followed by the last name of the hiring manager. 

You should almost always try to address your letter to a specific individual rather than the entire company. People like to read their own names, and letters that are addressed to an individual rather than an entire company are more likely to get a reply. Also, it shows your attention to detail if you’ve gone to the trouble of finding out the name of the appropriate person to address.

If you’re responding to a job listing that doesn’t mention the name of the hiring manager, it may be worthwhile to call the company and inquire. But if the company prefers that letters be addressed more generically, follow its wishes. Sometimes you have to use a greeting that says something like “Dear (Employer) Hiring Team.”

Goal of the cover letter greeting: Start off on a professional note while making a direct personal connection with the hiring manager.

Cover letter introduction

Your intro should be an attention-grabbing paragraph that identifies your job objective and briefly previews your qualifications for the job. Use energetic, lively language that shows enthusiasm and confidence, but beware of crossing a line into arrogance or excessive familiarity. Set the right tone from the beginning, and write an opening paragraph that will make your correspondent want to read more.

Goal of the cover letter introduction: Capture the hiring manager’s attention with an intriguing preview of your qualifications that motivates further reading..

Here’s an introduction idea from our banking cover letter sample.

Sample of a cover letter body 

In the central two or three paragraphs of your letter, you have to make your primary case. This is where you describe your work experience, your past achievements in banking and any other qualifications that make you a good fit for the job you’re seeking.

Be specific in describing your accomplishments at past jobs, using facts and figures wherever possible (think numbers, dollar figures, percentages, etc.). Also, try to use an anecdote or two to describe a specific challenge you faced in the past as a banker and how you resolved it.

You may also choose to use the body of your letter to discuss your education, any special certifications or credentialing, and perhaps the reasons for your interest in this particular company. Compare your cover letter to your resume, and while some cross-over is inevitable, try to use the valuable space in your letter to say something your resume doesn’t.

Remember that your letter should not be about why you deserve a job, but about how you can help this company solve its problems, save money or increase efficiency. Emphasize how you can help them, not how they can help you.

Goal of the cover letter body: Persuade this employer that your contributions as a banker would be beneficial..

Our banker cover letter sample illustrates what you might include in the middle part.

Cover letter conclusion and signature

Your last paragraph should contain some kind of call to action —you are looking forward to a reply, you would be delighted to schedule an interview, etc. 

You may even wish to ask if you could call in a week or so to follow up. This shows that you’re serious about this particular job and not just mailing letters at random. Put yourself in the shoes of the person you’re writing to — wouldn’t you pay just a bit more attention if you knew that this letter writer would be calling you soon?

However, it’s possible that some employers might find such a suggestion a bit pushy. Study your target, and write your pitch accordingly.

Your sign-off should generally be a simple “Sincerely” or the equivalent, followed by a space and your typed name. You can also insert your actual scanned signature if you like, though this is not considered essential in electronic correspondence.

Goal of the cover letter closing: End on a positive, self-assured note that suggests you expect the hiring manager will get in touch.

Below is the closing section of our banker cover letter example.

Layout, design and formatting of your banker cover letter

Your letter should look as good as it reads, and that’s why it’s important to follow some basic rules for good design and formatting.

  • Fonts: Choose a modern, easy-to-read font that looks attractive but doesn’t call attention to itself. Beware of exotic fonts that may turn to garble on someone else’s computer.
  • Font size: Use a font size of 10 to 12 points. If you’re having trouble holding your letter to one page, trim your text before you try to solve the problem by reducing the font size.
  • Margins: Include one-inch margins on the left, right, bottom and top.
  • Alignment: Body text should be aligned left, not justified from margin to margin. Leave a space between paragraphs, and keep the paragraphs short.
  • White space: Don’t overlook the importance of leaving space on your page that contains nothing at all. Good design always includes an appropriate amount of white space to give the eye a break.
  • File format: Unless you’re specifically asked for a Word file, save your cover letter as a PDF. The main advantage of a PDF is that it will preserve the formatting of your letter so that it looks the same on any computer. With other file types, you run the risk that some of your text may become unreadable, and it may jump all over the page in places where you didn’t put it.
  • Use a professional template: To sidestep all of these potential pitfalls, use a professionally designed cover letter template from resume.io. We’ve taken care of all the formatting for you, so all you have to do is fill in your own content.

The psychology of writing a cover letter for a banker job

Never forget that you are writing a letter to a human being, and you need to think about how it will be received. Put yourself in the shoes of your correspondent, and write in a human voice that is professional but personable.

Psychologists say we all react to different stimuli with a combination of emotional and rational responses. Emotional responses are quicker and more automatic, but more deeply felt. Rational responses are slower and more deliberative. An ideal cover letter should inspire both.

So while this is a professional business letter, don’t hesitate to include language that appeals to the heart as well as the head. “Emotional language” might include some reference to your passions and desires, while “rational language” could be a more factual recitation of your employment history and banking career achievements.

Try using the AIDA model to inject your letter with emotional appeal:

  • Grab the reader’s attention by telling a story about yourself related to the job
  • Increase interest level by appealing to the hiring manager’s needs
  • Create a desire to hire you by detailing how you satisfy the job requirements
  • Close with a call to action.

It’s important to study each employer carefully to determine the best approach. If you’re aware of specific needs or problems the company has, and if you have your own strategy for resolving them, say so. It’s always a good idea to include something in a cover letter that shows you’re writing to a specific employer and not mass-mailing a letter to all.

You should also look at the tone of voice the company uses in addressing the public. Most banks use a friendly but formal voice on their websites and in communications with customers. You should endeavor to match the style and tone used by your prospective employer.

You should also consider your position as a banker relative to the employer. If a bank is seeking a new CEO and you’re eminently qualified, you would probably write in a more authoritative voice than a college student looking for her first internship.

Mistakes to avoid in a banking cover letter

Here are some of the common mistakes people make in writing cover letters:

  • Writing errors: These include typos, misspellings and errors in grammar, punctuation and capitalization. Surveys have found that simple writing mistakes are the most common reason job applications are rejected.  
  • Clichés: “I am writing to….” Stop there! We already know you’re writing, because we’re reading your letter. “Please consider this letter my application for….” Ditto! Other clichés include describing yourself as a “self-starter” or a “team player” who “thinks outside the box. Avoid using stock phrases that every recruiter has read a thousand times before, and strive for fresh, original language.  
  • Non-customized letters: If your letter says nothing specific about the company you’re writing to, most hiring managers will assume it’s the same copy-and-paste letter that you’re also sending to all their competitors. Make every cover letter unique, targeted to a specific employer.  
  • Irrelevant info: Avoid discussing your hobbies or other aspects of your life that aren’t relevant to the job you’re seeking.  
  • Design errors: Strange fonts, tiny margins, huge blocks of text, zero white space and other formatting errors can disqualify your letter at a glance.

Banking cover letter sample with no experience

You may feel that you are stuck in a circular situation: You can’t get a banking job without experience and you can’t get experience without a banking job. That’s a frustration every worker has felt, yet they all got their first job somehow. 

The key is to start with the skills you do have. If you are new to the banking industry, but not to the workforce, explain in your banker cover letter why you want to move into banking. Then, highlight the skills you used in your previous jobs that will transfer to banking. 

Any business or project manager work ranks high, so check out resume.io cover letter examples for those fields, too. Emphasize your communication, organization and problem-solving skills — all abilities that will stand you in good stead in any career.

Consider mentioning your emotional intelligence , also known as emotional quotient or EQ, because, according to Forbes , hiring managers know that a vast majority of their high performers also rank high in this area.

Key takeaways for a banking cover letter

  • Bankers who are seeking employment need an excellent resume and an outstanding cover letter, the latter in order to make a personal appeal to a hiring manager.
  • A cover letter is your way of introducing yourself personally to a prospective employer. You should always include a cover letter in a job application unless you’re specifically asked not to.
  • Cover letters have a formal structure that you should adhere to, and each component of your letter should serve a specific function.
  • Design can be as important as content, and you must ensure that your letter adheres to basic rules about fonts, formatting and the overall look.
  • Every cover letter should be unique and targeted to a specific employer.
  • A professionally designed template can save you from a multitude of errors. The quickest and safest way to write a cover letter is to start with a proven structure where all you have to do is add your own information.

Free professionally designed templates

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World bank internship - statement of interest.

world bank internships

As you know, submitting a Statement of Interest (SI) is a World Bank Group (WBG) Internship Program requirement. With that in mind, it is fundamental that you take time to prepare a truly effective statement of interest, especially since this is the main document when applying for the World Bank Internship Program.

It should complement the information presented in your CV and you must make sure there are no discrepancies between these two documents.

Nevertheless, there is nothing to be ashamed of if you do not know exactly what this document is. In fact, it is a fairly common doubt! If this is your case, you have possibly turned to Google and typed: What is a statement of interest? What is the difference between a statement of interest, a cover letter and a statement of purpose?

That is why we have prepared an entire chapter in the World Bank Internships eBook dedicated to explain, in detail, what the World Bank expects from this document. With the information presented in this chapter, we expect to help candidates to write an effective statement of interest so as to make their candidature stand out in the World Bank Group Internship Program selection process. This article is only a brief sample of what can be found in our eBook.

Applications will open soon. Start your preparation here:

GET READY FOR THE WB INTERNSHIP NOW!

Statement of interest: the search for a definition

A World Bank Group Internship Program candidate may ask: What are the differences between a statement of interest, a cover letter and a statement of purpose? At first glance, they may seem like different names for the same document. In other words, it may seem that writing a statement of interest is not very different from preparing a cover letter. However, these documents have differences besides their names.

Knowing exactly what the World Bank Internship Program expects from its applicants’  statement of interest is a very important step when applying for its selection process. Because of that, this document is thoroughly explained in our eBook, which also provides you with two samples of strong statements of interest.

We will start this article by giving a short presentation on the most widespread understanding about each of these documents (statement of interest, cover letter and statement of purpose) to then explain the World Bank Group’s understanding of a statement of interest.

WB Internships – Products & Services

Cover Letter X Statement of Purpose X Statement of Interest

A cover letter is a one-page document submitted together with a Curriculum Vitae (CV) or resume and the other documents required for a posted job opening. As its name suggests, this document serves as a “cover” for all of these documents. This document should be submitted for any job selection, unless the organization explicitly states it is not required . In the case of the World Bank Internship Program, this document is superfluous.

The statement of purpose (also called a letter of intent or research statement) is a document that university selection committees frequently request, especially for graduate programs. In this document, candidates should present their skills, academic interests and experience that justifies their application and makes them a promising student or researcher.

A statement of interest (also called a letter of inquiry or prospecting letter) is a document job seekers send to organizations that do not have open selection processes at that time. The aim of this document is to indicate the applicant’s interest in a certain organization when a job vacancy opens with their profile. In other words, what a candidate is seeking with this document is to introduce themselves to an organization and inquire about a potential job vacancy.

This type of document can be used in varying situations. For example, imagine you have moved to a new city and would like to inquire about possible jobs with your professional profile but there are no vacancies at that time. In this case, you could leave a statement of interest at the companies you are interested in, introducing yourself and making yourself available for any future opportunities. A statement of interest is an excellent way of showing your proactivity and assertiveness.

Unlike a cover letter, this document seeks to present the candidate’s fit with an organization or department and not with a specific vacancy. It is usually accompanied by a CV, but not necessarily.

The following table presents a summary and comparison of the objectives of these three documents.

 
Inquires about opportunities at organizations that do not have open selection processes. Presents the candidate (their professional experience and skills) as the right choice for a specific job vacancy. Presents the candidate, (their academic experience, personal profile and motivation) in order to enter an academic program (usually a graduate program)

Despite the differences presented in these three documents, the fact is many human resources departments and selection committees use these names interchangeably. For example, you may find graduate programs requesting a “statement of interest” instead of a “statement of purpose”. This confusion leaves candidates not knowing exactly what to send when one is requested. It seems to us that this is the case of the World Bank Group internships, since it is clear that the s tatement of interest the Bank requests has another objective than the one presented here. Afterall, what is a statement of interest for the World Bank Internship Program? Find the detailed answer to this question in our eBook! There you will also find tips on how to structure your own statement of interest and what to include in it.

A World Bank Internship Program Statement of Interest

Certainly, the World Bank Internship Program, requesting a statement of interest, is not referring to a letter of inquiry, as seen here. Therefore, it could be said that what the Bank expects is a hybrid of the three types of documents presented in this article. This means that the statement of interest the World Bank Internship Program requests is a document in which the candidates must:

  • Present their skills, professional experience and academic profile;
  • Highlight their fit with international development, the World Bank and the unit selected for the internship;
  • Present the contributions they intend to make to the Bank when working as their intern;
  • Inform the positive impact the Bank internship will have on their professional career and academic research.

In the statement of interest, the candidate should show their enthusiasm for taking a World Bank Group internship and present the credentials that qualify them as the best choice the recruiter could make.

The World Bank Internship Program team seeks to evaluate the following aspects of the candidate from their statement of interest: technical knowledge , skills, knowledge about the organization , cultural fit and communicative capacity .

To help you prepare this important document, a suggestion for its structure and content is presented in the World Bank Internships eBook.

Tips for writing an effective statement of interest:

Writing a statement of interest for the World Bank Internship Program is no easy task. most candidates tend to submit very similar documents, with no originality. It is important to adopt a series of strategies so as to produce a truly effective and original document. If you want to know how to do that, we highly advise you to purchase our eBook ! Two samples of statements of interest are also provided to serve as inspiration for yours. 

Some of the strategies we teach you in detail are the following:

Brainstorm and define a theme for your statement: Start to prepare your statement of interest by brainstorming, which could be done by answering all the questions listed in our ebook. Based on these answers, think of a “theme” to guide writing this document. This theme refers to the way you wish to project yourself to the WBG. Certainly, your statement of interest will not be able to fully present you but it is important it portrays you in a way that is compatible with the World Bank Internship Program’s interests.

Tell a story: With the “theme” defined, write your statement of interest so that it tells a story, or rather your story. People tend to appreciate reading this more and have a greater connection to the text when they are involved in a story. This is no different with the recruiter in a job selection process. By telling your story in your statement of interest, the recruiter will certainly be involved more easily in your document.

Be yourself: just because you are telling a story, you should not invent facts about yourself. Never lie. Remember that facts presented in a document can be checked during the selection process and the recruiters also have extensive experience and are able to easily recognize facts that are not true. Therefore, if you are not honest, as well as not being selected, your reputation will be tarnished.

Show you have the right organizational fit: When you are writing your statement of interest, customize it for the World Bank Group. Organizations, even those that work with international development, differ from each other, with varying cultures, structures and approaches to development and vocabularies, etc. Therefore, it is important to demonstrate you know the organization well and your profile is the right fit for it. In order to fully explain your fit with the organization, you must study it and investigate its projects and publications. We recommend you read chapters 1, 2, 3 and 4 of the World Bank Internship eBook to help you with this task.

Quantify your story: If possible, present numbers in your statement of interest to make your story more concrete. There is nothing better than numbers to install confidence in the information you present. Quantify the results achieved from your actions in order to help the recruiter gain a better idea of the scale of your impact.

Review your statement of interest: It is fundamental you have an organized text without any grammatical and spelling mistakes that correctly uses words and technical jargon.

Following the tips and suggestions given in the World Bank Internship eBook, a candidate will be able to prepare an effective statement of interest, increasing their chances of entering the World Bank Internship Program. In this eBook, you will also find two samples of statement of interest !

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Money blog: New timeline for €7 charge to visit Europe

Welcome to the Money blog, your place for personal finance and consumer news and tips. Today's posts include a look at Premier League jersey prices and a timeline for new visa charges in Europe. Let us know which discontinued sweet or treat you'd like to see revived in the comments box.

Tuesday 20 August 2024 20:59, UK

  • New timeline for €7 visa-waiver charge to visit Europe
  • Tesco hiking price of meal deal - it's no longer the cheapest
  • Gold price reaches record high - here's what's going on

Essential reads

  • How much does it cost to buy a Premier League home kit in 2024?
  • Will one of country's most beloved sweets return to shops?
  • Pay at every supermarket revealed - and perks staff get
  • How couples split finances

Tips and advice

  • How to get money back when purchase over £100 goes wrong
  • 'Should I top up my national insurance and could it really get me £6,000 extra?'
  • Fixed energy tariffs that could help you beat winter price rise
  • All discounts you get as student or young person

Ask a question or make a comment

The first £1 coins featuring King Charles have entered circulation, with collectors encouraged to look out for the historic addition to the nation's change.

Nearly three million of the new designs will be making their way into pockets and tills across the country this week, via Post Offices and banks throughout the UK.

The £1 coin has a pair of British bees on the "tails" side, in honour of the King's passion for conservation and the natural world, and Charles' official coin effigy on the obverse, or "heads".

The other designs, which will be introduced in line with demand, are the 1p showing a hazel dormouse, the 2p red squirrel, the 5p oak tree leaf, 10p capercaillie grouse, 20p puffin, and the £2 with the national flowers - rose, daffodil, thistle and shamrock.

Giving workers the "right to switch off" is key to productivity and could boost economic growth, Downing Street has said.

Labour has promised to give employees the right to ignore work-related calls and emails out of hours, so homes do not become "24/7 offices".

Ministers are looking at models in other countries where there is already a right to disconnect, such as Ireland and Belgium.

The prime minister's spokesperson said the plan was about making sure "we're not inadvertently blurring the lines between work and home life".

The plans were not a "one size fits all" and would recognise companies vary and people have different roles, she added.

The number of firms in England and Wales going bust last month rose by 16% year-on-year, according to official figures.

Commentators said the 2,191 company insolvencies showed how many businesses were still recovering from the impact of high inflation and borrowing costs, despite growing optimism about the UK's economic outlook.

The figure was 7% down on June's total, but insolvency levels remain much higher than those seen during both the pandemic and in the years following the 2008/09 financial crisis, officials said.

Rebecca Dacre, a partner at advisory firm Forvis Mazars, said the data was "a strong reminder that many businesses are still a long way off from recovery".

By Sarah Taaffe-Maguire , business reporter

BT's share price has fallen, wiping off an estimated £1bn from the company's value. 

One share now costs £134.45, a low last seen 10 days ago.  

It comes after an internet network rival CityFibre struck a deal with broadband supplier Sky. 

This means that Sky will now use CityFibre's network to offer its services starting next year. 

It's a hit to BT as Sky customers are hosted on BT's Openreach network. Under the plan, Sky aims to connect so-called "hard-to-reach areas".

CityFibre reaches 3.8 million homes and aims to expand and reach "at least" 8 million premises in the coming years, it said.

"This partnership with Sky is a huge vote of confidence in our business and has cemented CityFibre's position as the UK's third digital infrastructure platform," said company chief executive Greg Mesch.

Formerly British Telecoms, BT is worth roughly £14.44bn, based on the number of shares issued and the share price.

The head of financial analysis at investment platform AJ Bell Danni Hewson said the CityFibre detail may not be that significant. 

"BT shares came under pressure on fears of an enhanced competitive threat for its Openreach broadband operation amid chatter Sky might start partnering with CityFibre in 2025. 

"However, CityFibre's modest scale and focus on rural areas suggest it shouldn't be a huge issue."

Sky is the owner of Sky News.

UK citizens will need to pay a €7 visa-waiver charge to travel to Europe from next year after the EU revealed its timeline for the introduction of new entry requirements for some visitors.

The additional charge, which is similar to the US ESTA, is part of a series of new border checks and entry requirements the EU is bringing in.

They'll apply when entering the Schengen area, which includes 27 EU member states, plus Iceland, Liechtenstein, Norway and Switzerland. 

The waiver will last for three years or until your passport expires.

Its official title is the European Travel Information and Authorisation System (ETIAS), and its implementation will follow the introduction of the EU Entry/Exit System (EES). The latter will require people to have their fingerprints registered and their pictures taken on arrival to airports.

Addressing the rollout, EU home affairs commissioner Ylva Johansson said the EES will enter into operations on ­10 November while the ETIAS will follow shortly after that in 2025 - likely May.

However, it is thought there could be a six-month grace period before the visas become compulsory - taking it to November next year.

By Daniel Binns, business reporter

The price of gold has soared to a record high of more than $2,522 (£1,938) per ounce today.

It comes after months of the precious metal steadily rising in value.

Many factors are thought to have played a part, but analysts believe the latest leap is largely down to the weaker US dollar and growing expectations that the US Federal Reserve will cut interest rates next month.

Lower rates tend to make a country - and its currency - less attractive to investors, because they end up getting lower returns on bonds, shares and other investments.

There are also general worries about the status of the US economy, amid rumblings it could enter a recession this year or next - although some commentators have downplayed the likelihood of this.

But it is not just the US that is on the cusp of reducing the cost of borrowing.

The European Central Bank and the Bank of England both recently cut interest rates - and are expected to do so again this autumn - which may also be off-putting to some investors.

What has all this got to do with gold?

It's largely because of its perceived status as a "safe haven" investment.

Gold is seen as solid and dependable - both literally and in its value as a commodity.

It has been prized and sought after since ancient times - and its valuable status seems certain to continue long into the future.

So when things seem uncertain - and when interest rates are being seemingly cut everywhere - putting your money in gold may seem like a good bet (or so the thinking goes - of course, many would argue there is no such thing as a sure bet in the financial markets).

This "safe haven" status also helps explain why the price of gold may have been steadily rising in recent months, as fears have grown over an escalation of the wars in the Middle East and between Russia and Ukraine.

Tesco is hiking the price of its meal deal from Thursday.

Those using a Clubcard, which Tesco says is 80% of customers, will now pay £3.60.

This is up from £3.40, which had been the cheapest meal deal available at one of the traditional supermarkets.

Those without a Clubcard will now pay £4 - up 10p.

A Tesco spokesperson told the Money blog: "Clubcard members will pay just £3.60 for a main, snack and drink, meaning our meal deal remains great value and the ideal way to grab lunch on-the-go. 

"With millions of possible combinations across our stores, our recent improvements to ingredients and more than 20 new mains introduced this summer, the Tesco meal deal has got something for every taste."

The cost of the premium meal deal is unchanged at £5.

How does this compare?

Waitrose has the most expensive meal deal at £5 for the main, snack and drink combo. 

In July, Sainsbury increased the cost of its lunchtime meal deal by 25p from £3.50 to £3.75. 

A  Morrisons  meal deal costs £3.50, which is the same as  Co-op members - though non-members pay £4.

Asda  doesn't offer a fixed price for its meal deal. Instead, it operates a 3 for 2 system, which gives customers the cheapest item for free. 

If you read the Money blog on Friday you'll remember Gail's bakery chain came under fire for repurposing unsold pastries into croissants and selling them for almost £4 the next day.

We reported how the retailer lists the "twice baked" chocolate almond croissants as part of its "Waste Not" range, which means it is made using leftover croissants that are then "topped with almond frangipane and flaked almonds".

The scheme was criticised online, with many pointing out the £3.90 price tag is 95p more than the original croissant.

It's worth reiterating that the practice was not invented by Gail's - almond croissants were originally created by French boulangeries to reuse day-old croissants and stop them going stale.

We asked Gail's for comment and didn't hear back until late yesterday - this is what they said...

"We created our Waste Not range at Gail's to make good food go further. 

"Our almond croissants and chocolate and almond croissants are strong favourites in our bakeries. The croissants are soaked in demerara syrup and topped with our house-made frangipane spread, alongside crunchy almonds.

"The day-old croissants are sturdier than fresh ones, making them the perfect bake to be used. 

"We are big supporters of improving food systems, working with companies such as Too Good To Go and Neighbourly to reduce our impact on food waste and uplift communities. 

"Any bakes leftover at the end of the day are shared with charitable organisations in our neighbourhoods. Through our partnership with Neighbourly, we have donated the equivalent of 81,000 meals, reaching 239 good causes."

It comes as locals in a trendy London neighbourhood signed a petition against a Gail's bakery setting up shop in their area.

After (unconfirmed) rumours began circulating that the chain was looking to open a site in Walthamstow village, more than 600 have signed a petition opposing the plans.

The petition says the village "faces a threat to its uniqueness" should Gail's move into the area.

Read more...

Basically, Section 75 is a way to get your money back if a retailer hasn't provided the goods or services you paid for - so long as you used a credit card or point of sale loan.

The price of the purchase must be   between   £100.01 and £30,000, but you only have to spend one penny of it using a credit card for your rights to kick in.

Section 75 is enshrined in law - the Consumer Credit Act 1974 - and allows you to raise a claim with your bank for a breach of contract or misrepresentation by the retailer.

The protection was put in place to make sure customers are not forced to pay off debt for faulty goods and services - or those that never arrive - by making the lender just as liable as the retailer.

When does Section 75 apply?

  • Goods or services were not as described
  • They were poor quality, defective, or not fit for purpose
  • An item never arrived - including if the seller went bust
  • A service wasn't carried out with reasonable care

How does it work?

You should contact your bank, who will investigate how you made your purchase and who was involved.

There needs to be a clear agreement between the customer, the supplier and your bank.

"They will ask for more details – explain how your consumer rights have been breached, you have exhausted all options with the retailer and cannot resolve your dispute," consumer champion Scott Dixon, from  the Complaints Resolver , told the Money blog.

"You need to push hard on S75 claims, as claims are often rejected on the first attempt."

It is useful to have supporting information to hand, like proof of payment, contracts, terms and conditions, screenshots of product descriptions, correspondence, photo evidence or - in some cases - independent assessments.

Scott added: "If you reach a stalemate with the credit card provider or finance company, ask for a deadlock letter setting out their final position so you can submit a formal complaint (with the final response/deadlock letter) to the Financial Ombudsman Service (FOS). 

"They do not like cases being referred to the FOS as it costs them money."

When doesn't Section 75 apply?

  • You paid with a debit card, charge card, cash, credit card cheque, or bank transfer;
  • You paid with your PayPal balance (but you are protected if you used PayPal Credit);
  • The credit was given under an overdraft or general-purpose bank loan;
  • You purchased multiple items that only cost between £100.01 and £30,000 when added together;
  • You bought the item from a third-party seller, like Amazon Marketplace or a travel agent;
  • You used a buy now, pay later service or a hire purchase.

And read more from our Basically series here...

Rising optimism about the prospects of a ceasefire in the war in Gaza has sent the price of oil - and shares in energy giants – tumbling.

The cost of a barrel of benchmark Brent Crude has dropped to just over $76 (£58), the lowest price since the beginning of the month.

Shares in Shell and BP have also both slipped by around 2% in early trading.

Hopes of cooling tensions in the Middle East have helped ease fears of risks to supplies in the region.

Other factors said to be having an impact on oil prices include an increase in production at Libya's Sharara oilfield and concerns over China's slowing economy, including slower industrial output.

Another big faller this morning is BT Group. Its shares are down more than 5% after it was announced that Sky will launch full fibre broadband services next year on the network of BT's rival Cityfibre.

The falls have contributed to the FTSE 100 dipping by more than 0.5% on Tuesday, with the FTSE 250 also down 0.13%.

Gainers include easyJet Plc, which is up more than 1.2% amid optimism over the tourism industry this summer.

Similarly, Intercontinental Hotels Group is up by a similar level, while British Airways owner IAG is up nearly 0.8%.

Meanwhile, on the currency markets, this morning £1 buys $1.30 US or €1.17.

Pensioners are being urged to check if they are eligible for the winter fuel allowance after universal payments were scrapped by new Chancellor Rachel Reeves last month.

Previously, the money was available to everyone above state pension age, but now it will be limited to people over state pension age who are receiving pension credit or other means-tested support.

It means the number of people entitled to the money will drop from 11.4 million to just 1.5 million.

The payment is £200 for households where the recipients are all under 80, and £300 where they are over 80.

While around 1.4 million pensioners are already receiving pension credit, there are up to an estimated 880,000 households eligible for the support who are yet to claim, the Department for Work and Pensions says.

The government's awareness drive will help identify households not claiming the benefit, and encourage pensioners to apply by 21 December - the last date for making a backdated claim for pension credit in order to receive the Winter Fuel Payment.

It will focus on "myths" that may stop people applying, such as how having savings, a pension or owning a home are not necessarily barriers to receiving pension credit.

More information on applying for pension credit can be found on the  government's How to Claim page .

Yesterday we brought you the unwelcome news that winter energy bills are projected to rise by 9%, according to the latest forecast from Cornwall Insight.

Its newest prediction says the price cap from October to December will go up to £1,714 a year for the average user - a £146 hike from current levels.

We'll find out for sure on Friday.

Comparison service Uswitch says the forecast "compounds the worry" about rising bills for residents across the country "just as we reach the season to switch the heating back on".

"The price cap is expected to rise again in January, but bill payers can take action now to lock in certainty on how much they pay," says Uswitch director of regulation Richard Neudegg. 

It is worth pointing out that it's in Uswitch's favour for people to move - but there are definitely savings to be made based on current forecasts.

Here are the top 10 fixed energy-only tariffs that could help you beat the price rise as temperatures drop, according to Uswitch:

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cover letter for world bank job

World Bank Group Launches High Level Council to Tackle Looming Jobs Crisis

Council to be co-chaired by the President of the Republic of Singapore Tharman Shanmugaratnam and former President of the Republic of Chile Michelle Bachelet

WASHINGTON, Aug. 12, 2024 —The World Bank Group today announced the launch of the High-Level Advisory Council on Jobs, a new initiative that will identify actionable policies and programs to address the looming jobs crisis in the Global South.

Over the next 10 years, an unprecedented 1.2 billion young people in the Global South will become working age adults. Meanwhile, the job market is only expected to create 420 million jobs—leaving nearly 800 million without a clear path to prosperity. Though some young people will be in further education, their eventual entry into the labor market will add to this challenge.

The High-Level Advisory Council is a dedicated initiative by the World Bank Group to transform this challenge into an opportunity to drive future prosperity. It will focus on youth and female employment opportunities. The global labor force participation rate for women is just over 50%—much lower in some regions—compared to 80% for men.

The Council will bring together leading experts across government, business, civil society, and academia to offer thought leadership and actionable strategies for creating large-scale employment opportunities. The strategies developed will be examined within the World Bank Group with a view to piloting them with countries in real world applications. Those exhibiting the right level of success will be scaled over the coming years to effectively address the jobs challenge.

The Council will be led and co-chaired by Tharman Shanmugaratnam, President of the Republic of Singapore and former Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, and Michelle Bachelet, former President of the Republic of Chile and Head of Government for two terms (2006-2010 and 2014-2018).

“Creating jobs is the surest way to combat poverty and grow prosperity,” said World Bank Group President Ajay Banga . “A job is the most meaningful yardstick of success for any individual: with a job comes dignity, pride, and the ability to provide for yourself and your family. We are launching the Council to set our development strategy on a foundation of creating employment opportunities in all corners of the globe.”

“Good jobs are at the core of aspirations everywhere, but also a growing challenge in the face of rapidly advancing technologies, geoeconomic uncertainty and climate threats,” said Shanmugaratnam . “New strategies are needed to achieve sustained job and income growth among developing world populations, and the benefits this will bring for the global economy too.”

“The challenge is unprecedented in modern history: we must provide meaningful job opportunities for hundreds of millions of young people and women in the Global South,” said Bachelet . “This High-Level Advisory Council will seek to identify policies that are both effective and can be implemented on the ground, ensuring that economic growth and social justice go hand in hand. Let’s help prepare young people and women for the challenges of today and the future. Our goal is for all of them to have an opportunity to contribute to and benefit from a more inclusive global economy.”

The Council will meet regularly and work directly with Banga and World Bank Group senior leadership. The members of the Council will be announced in the near future. The Council aims to hold its first meeting during the 2024 World Bank Group-IMF Annual Meetings.

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Sample cover letter for Full Time position at worldbank

Risk officer.

Dear Sir/Madam,

I have read your job opening for the above mentioned post in the World Bank’s Website

with a great deal of interest. Comparison of my background, professional qualification

and experience with the requirement of the post suggests that I would be an excellent

candidate for the position.

I am a banker by profession and have more than 25 years of professional experience in

different banks and financial institutions in Nepal. During this period, I have gained an

in-depth knowledge and understanding on different aspects of banking and financial

management including credit and risk management, preparation of budget, treasury,

strategy planning, administration and human resources management. Besides this, I

have participated in several national and international level trainings, seminars and

workshops which aided in further expanding my knowledge and skills in the related field.

Regarding my academic qualification, I hold Master’s Degree in Business Administration (MBA) from Nepal and post-graduation in Banking and Finance for Development (MBF) from Milan, Italy in 1992. My major field of study in MBF was international finance, accounting, economics, and banking.

After spending a considerable amount of time and energy in banking and finance sector

at national level, I want to amplify my knowledge by working with an international

organization. I believe that my experience and progressive career path will be helpful in

achieving the main objectives of your organization. I am looking for new challenges and

opportunities to employ my technical skills and experiences at a higher strategic level.

I have excellent planning and organizing ability to manage complex and diverse natures of work. My strategies prioritize on resources optimization and cost efficiency. I believe that my high analytical ability in critical decision making will be in harmony with the best interests of the organization.

Given an opportunity, I am confident that I would be able to contribute in achieving the

noble objective of your good office.

I look forward to hearing from you.

15 Things You Can Do With ChatGPT

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Quick Links

What is chatgpt.

  • Quickly Write a Customized Resume and Cover Letter
  • Create Original Jokes and Memes
  • Explain Complex Topics
  • Solve Tricky Math Problems Step-by-Step
  • Write Music In Almost Any Genre
  • Write, Debug, and Explain Code
  • Create, Edit, and Modify Media Files
  • Decide What to Watch Next
  • Get Cooking Help
  • Improve Your Health
  • Translate and Learn In Multiple Languages
  • Prepare for a Job Interview
  • Write Essays on Almost Any Topic
  • A Chat Companion

Key Takeaways

  • ChatGPT is a versatile tool that can help with tasks like writing customized resumes & cover letters.
  • The AI can generate original jokes and memes, as well as explain complex topics in an easy-to-understand manner.
  • ChatGPT can assist with mathematics, music composition, coding, media file manipulation, and health improvement.

Artificial intelligence tools have seen a meteoric rise within the last few years. We've been wowed by AI writing tools, AI image generators, and even AI self-portraits. Since its launch in November 2022, ChatGPT has gotten a lot of attention for its numerous uses. To help you leverage this tool, here are 15 ways you can also use ChatGPT.

ChatGPT Home screen

If you've somehow missed the whole ChatGPT buzz, or you're not exactly sure what it's all about, let's help you get up to speed. ChatGPT is a conversational artificial intelligence chatbot that can answer just about any question you throw at it.

You can think of it as a supercharged Google Search. Rather than just providing links or snippets, ChatGPT generates thoughtful, conversational responses to queries. It synthesizes information from diverse sources into cohesive answers on nearly any topic, similar to how a knowledgeable human would respond.

While not infallible, ChatGPT demonstrates an impressive ability to understand natural language questions and offers nuanced explanations in a lot of fields.

ChatGPT is more than just hype—it has practical uses. Here are some cool day-to-day uses for ChatGPT you can try right now.

1. Quickly Write a Customized Resume and Cover Letter

If you're currently job-hunting, one of the most tiring parts of the job application process is writing a personalized resume and cover letter for every job you apply for. You need custom-made copies for each job to increase your chances of getting hired. ChatGPT can help you create a customized resume or craft professional cover letters in minutes.

We asked ChatGPT to write a resume for a content marketing role at a fictional SaaS company, and it was near perfect.

Resume created by ChatGPT

We also prompted it to prepare a cover letter for the same role, and the first result wasn't bad.

Cover letter written by ChatGPT

Notice how detail-rich and well-formatted the resume and cover letter are? How did I do it? I pasted my LinkedIn profile details, and then asked ChatGPT to write a resume for the target role "using LaTex." I copied the result, pasted it in a free latex editor like Overleaf , and compiled it.

2. Create Original Jokes and Memes

What's life without a bit of fun? Whether you're looking for a good laugh or to create some hilarious jokes to impress your friends, ChatGPT can come in handy. Sure, AI chatbots aren't exactly known to be great comedians, but ChatGPT shows some potential. We asked ChatGPT to tell us a joke about Apple and foldable smartphones; we'll let you judge the results:

ChatGPT joke about foldable phones

ChatGPT can also create images, so you can also play around with meme ideas. Here's one to try: Ask ChatGPT to create a meme about the grind of 9-to-5 jobs.

3. Explain Complex Topics

Sometimes, simply Googling a topic doesn't give you a clear understanding. Think of topics like wormholes, dark matter, and all those head-spinning theories. Or maybe it's a weird sport you don't understand.

ChatGPT could be useful in explaining them in layperson terms. We prompted ChatGPT to "Explain wormholes like I'm 5," and here's the result:

ChatGPT explains Wormhole

We also prompted it to explain the internet similarly. It wasn't too bad, either.

ChatGPT Explaining the internet like I'm 5

4. Solve Tricky Math Problems Step-by-Step

Whether you're looking to tackle complex algebra problems or simple math problems that are too tricky to piece together, ChatGPT is particularly strong at handling math. You'll need to present your problems clearly and concisely for the best results. We prompted ChatGPT to answer a tricky math problem, and here's the result:

ChatGPT answers a tricky math problem

5. Write Music In Almost Any Genre

One of the most exciting things you can do with ChatGPT is writing a song. It might sound like a bad idea at first, but it's really a fun thing to try. The results can be amazing when you get the prompts right. The key to getting the best result is to provide as many details as possible about how you want the song to be. Need a mix of English and some Spanish with a touch of Afrobeat style? Just say it.

If you really want to find out how good your lyrics would sound in an actual song, you'll need to head over to a tool like Suno.ai to turn the lyrics into music. Just paste the lyrics into the tool, make some tweaks and listen to what ChatGPT could make.

6. Write, Debug, and Explain Code

Whether you're an experienced programmer or a newbie, you're bound to run into a few bugs in your code from time to time. ChatGPT can help you narrow down the problem within your code, saving you hours looking for a misplaced comma. You can also write entire blocks of functional code snippets from scratch or analyze existing code bases to figure out the best ways to use them. There are endless ways you can use ChatGPT in programming .

We prompted ChatGPT to write a simple to-do list app using HTML, CSS, and JavaScript, and here's the result:

to-do list app by ChatGPT

We also got the AI chatbot to write us a simple Tetris game, snake game, pong game, and even code a complete chat web app from scratch . ChatGPT is a very useful programming tool.

7. Create, Edit, and Modify Media Files

With ChatGPT, you can create, edit, modify, and read from a wide range of media files. The feature which is available on the ChatGPT Plus plan provides an interface to programmatically create images, modify videos, adjust audio tracks, and retrieve crucial metadata from media files with ease and precision.

To learn more about manipulating media files with ChatGPT, read our guide on how to use the ChatGPT Code Interpreter feature .

8. Decide What to Watch Next

ChatGPT is one of the most powerful movie recommendation tools on the internet if you know how to use it. While there are dozens of powerful movie recommendation tools you can get your hands on, ChatGPT stands out because of the accuracy and precision you get from simply describing the kind of movies you want using simple natural language prompts.

We asked ChatGPT to give us some movies that are similar to "The Walking Dead" and here's the result:

Similar tv shows recommendation from ChatGPT

Not sure how to use ChatGPT as a movie recommendation tool? We've previously put together a detailed guide on how to use ChatGPT to decide what to watch next .

9. Play Games

Looking for a fun activity? ChatGPT has some creative game ideas to try with friends or by yourself. You could play classic games like tic-tac-toe or trivia with new twists that ChatGPT can suggest to make it more engaging. Whether you want a competitive game against ChatGPT or a cooperative game you can all play together, ChatGPT can provide unique game suggestions tailored to what you're looking for.

So if you're bored and want to try something new, ask ChatGPT to invent a fun, customized game—it's a great way to liven up your day! Not sure which games you can play with ChatGPT? Here are some interesting games you can play with ChatGPT right now .

10. Get Cooking Help

A robot help in the kitchen? ChatGPT and cooking seem like a weird combination, but it works excellently if you know the right prompts to use. You can use ChatGPT to explore new recipes, prepare shopping lists, brainstorm new flavor combinations, learn new cooking tips, or explore healthier ways to cook popular meals .

Fancy testing ChatGPT's culinary skills? Here are some interesting ways you can use ChatGPT as a cooking assistant .

11. Improve Your Health

With its vast wealth of health information, you can leverage ChatGPT to improve your health in several ways. It can help you create personalized workout and meal plans tailored to your unique needs.

You can also use it to develop healthy habits like sleep routines and mindfulness practices or even use it as a medical symptom checker. Although ChatGPT has its limitations in the field of health, it is still an immensely useful tool you can utilize to improve your health. We've put together a guide on how to use ChatGPT to improve your health .

12. Translate and Learn In Multiple Languages

ChatGPT is a great tool to have around if you need to work in multiple languages. It is fluent in dozens of languages. If you're a content creator who would love to reach a wider audience, ChatGPT could be incredibly useful for creating content in multiple languages.

Sure, there's Google Translate, but writing in one language and translating to the other means context and language-specific tones could be lost. When we compared ChatGPT to Google Translate in translation tasks, ChatGPT was noticeably better in several metrics.

With ChatGPT's latest voice mode, the tool has become even significantly more powerful for those trying to learn a new language or communicate with someone that speaks a different one.

13. Prepare for a Job Interview

With its wealth of knowledge across several fields, ChatGPT is one of the best AI tools to help you prepare for a job interview. With a few intelligent prompts, ChatGPT can help you get your dream job . You can use it to generate hypothetical scenarios in a job interview, possible questions, intelligent replies to possible questions, and many other useful interview prep tips.

We created a hypothetical situation during an interview and asked ChatGPT for help. Here's the result:

ChatGPT answers interview questions

14. Write Essays on Almost Any Topic

While we strongly advise you to write your essays yourself, ChatGPT can compose amazing essays on a wide range of topics, even the most complex. If the tone of the resulting write-up doesn't suit your test, you can teach ChatGPT how to write like you so you can get the chatbot to replicate your writing style.

15. A Chat Companion

When all is said and done, ChatGPT is an AI chatbot. Despite its almost endless use cases, ChatGPT is a very accommodating companion when you need someone (or a robot) to talk to.

ChatGPT companion

Despite ChatGPT's impressive capabilities, the AI chatbot is not infallible. Consequently, exercising caution with ChatGPT's information is highly advised. Always strive to verify any critical data from ChatGPT before applying it, especially for important health or financial choices. While ChatGPT is a game-changing tool, it is still a work in progress, and human oversight remains essential.

  • Technology Explained

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  23. World Bank Group Launches High Level Council to Tackle Looming Jobs Crisis

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  24. Sample cover letter for Full Time position at worldbank

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  25. 15 Things You Can Do With ChatGPT

    1. Quickly Write a Customized Resume and Cover Letter If you're currently job-hunting, one of the most tiring parts of the job application process is writing a personalized resume and cover letter for every job you apply for. You need custom-made copies for each job to increase your chances of getting hired.