Certificate in International Trade and Finance

Course Info

Length: 1 Week

Type: In Classroom

Available Dates

Venue

  • Oct-21-2024

    Istanbul

  • Oct-21-2024

    Kuala Lumpur

  • Oct-28-2024

    Paris

  • Oct-28-2024

    Singapore

  • Nov-04-2024

    Barcelona

  • Nov-04-2024

    Dubai

  • Nov-11-2024

    London

  • Nov-11-2024

    Amsterdam

  • Nov-18-2024

    Kuala Lumpur

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Singapore

  • Nov-25-2024

    Paris

  • Dec-02-2024

    Barcelona

  • Dec-02-2024

    Dubai

  • Dec-09-2024

    Amsterdam

  • Dec-09-2024

    London

  • Dec-16-2024

    Kuala Lumpur

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Paris

  • Dec-23-2024

    Dubai

  • Dec-30-2024

    Barcelona

  • Dec-30-2024

    Singapore

  • Jan-06-2025

    Paris

  • Jan-06-2025

    Singapore

  • Jan-27-2025

    Kuala Lumpur

  • Jan-27-2025

    Istanbul

  • Feb-03-2025

    Singapore

  • Feb-03-2025

    Paris

  • Feb-10-2025

    Amsterdam

  • Feb-10-2025

    London

  • Feb-17-2025

    Barcelona

  • Feb-17-2025

    Dubai

  • Feb-24-2025

    Istanbul

  • Feb-24-2025

    Kuala Lumpur

  • Mar-03-2025

    Paris

  • Mar-03-2025

    Singapore

  • Mar-10-2025

    Amsterdam

  • Mar-10-2025

    London

  • Mar-17-2025

    Barcelona

  • Mar-17-2025

    Dubai

  • Mar-24-2025

    Istanbul

  • Mar-24-2025

    Kuala Lumpur

  • Apr-07-2025

    Paris

  • Apr-07-2025

    Singapore

  • Apr-14-2025

    London

  • Apr-14-2025

    Amsterdam

  • Apr-21-2025

    Barcelona

  • Apr-21-2025

    Dubai

  • Apr-28-2025

    Kuala Lumpur

  • Apr-28-2025

    Istanbul

  • May-05-2025

    Paris

  • May-05-2025

    Singapore

  • May-12-2025

    London

  • May-12-2025

    Amsterdam

  • May-19-2025

    Barcelona

  • May-19-2025

    Dubai

  • May-26-2025

    Kuala Lumpur

  • May-26-2025

    Istanbul

  • June-02-2025

    Paris

  • June-02-2025

    Singapore

  • June-09-2025

    London

  • June-09-2025

    Amsterdam

  • June-16-2025

    Dubai

  • June-16-2025

    Barcelona

  • June-23-2025

    Kuala Lumpur

  • June-30-2025

    Singapore

  • June-30-2025

    Istanbul

  • June-30-2025

    Paris

  • July-07-2025

    Singapore

  • July-07-2025

    Paris

  • July-14-2025

    London

  • July-14-2025

    Amsterdam

  • July-21-2025

    Dubai

  • July-21-2025

    Barcelona

  • July-28-2025

    Kuala Lumpur

  • July-28-2025

    Istanbul

  • Aug-04-2025

    Paris

  • Aug-04-2025

    Singapore

  • Aug-11-2025

    London

  • Aug-11-2025

    Amsterdam

  • Aug-18-2025

    Dubai

  • Aug-18-2025

    Barcelona

  • Aug-25-2025

    Istanbul

  • Aug-25-2025

    Kuala Lumpur

  • Sep-01-2025

    Singapore

  • Sep-01-2025

    Paris

  • Sep-08-2025

    Amsterdam

  • Sep-08-2025

    London

  • Sep-15-2025

    Barcelona

  • Sep-15-2025

    Dubai

  • Sep-22-2025

    Kuala Lumpur

  • Sep-29-2025

    Paris

  • Sep-29-2025

    Singapore

  • Sep-29-2025

    Istanbul

  • Oct-06-2025

    Paris

  • Oct-06-2025

    Singapore

  • Oct-13-2025

    Amsterdam

  • Oct-13-2025

    London

  • Oct-20-2025

    Barcelona

  • Oct-20-2025

    Dubai

  • Oct-27-2025

    Kuala Lumpur

  • Oct-27-2025

    Istanbul

  • Nov-03-2025

    Singapore

  • Nov-03-2025

    Paris

  • Nov-10-2025

    Amsterdam

  • Nov-10-2025

    London

  • Nov-17-2025

    Dubai

  • Nov-17-2025

    Barcelona

  • Nov-24-2025

    Kuala Lumpur

  • Nov-24-2025

    Istanbul

  • Dec-01-2025

    Paris

  • Dec-01-2025

    Singapore

  • Dec-08-2025

    London

  • Dec-08-2025

    Amsterdam

  • Dec-15-2025

    Dubai

  • Dec-15-2025

    Barcelona

  • Dec-22-2025

    Kuala Lumpur

  • Dec-29-2025

    Paris

  • Dec-29-2025

    Singapore

  • Dec-29-2025

    Istanbul

Course Details

Course Outline

5 days course

 

What is Trade Finance?

 

  • Benefits of trade finance to businesses and banks
  • Introduction to the trade cycle
  • Collections and international documentation
  • Payment, acceptance and negotiation modes of funding
  • A closer look at negotiation under new ICC 600 rules
  • Deferred payment letters of credit
  • Confirmations silent/straight and soft
  • Red clause L/Cs their mechanics and risks
  • The utilisation of non-operative clauses as a risk mitigation technique
  • Deferred payment L/Cs in oil trading
  • High risk countries and the red clause transferable bulk L/C

International Demand and Contract Guarantees / Bonds


  • Scope and Application – an introduction (suretyship v. demand guarantee)
  • Indemnities versus guarantees
  • Different types - Bid, Performance, Advance payment, Warranty and Retention bonds
  • Rules governing guarantees and bonds
  • Legal jurisdiction and expiry date issues
  • Value of using URDG 758 – ICC Rules for demand guarantees

The Essential Differences Between Guarantees and Standby L/Cs


  • Guarantees in trade finance
  • Case studies and examples of performance bonds, bid bonds, retention money guarantees and advanced payment guarantees
  • The mechanics of standby contemporary issues
  • Case study: Defining the products by example
  • THE HYBRID: A practical case study reviewing the risks inherent in the conditional guarantee and standby being utilised as payment
  • mechanisms


Forfaiting and Factoring


  • Single receivable forfaiting market
  • Mechanics of forfaiting
  • The political risk reality of forfaiting
  • Forfaiting deferred payment L/Cs
  • Contemporary models
  • Forfaiting and factoring compared
  • Forfaiting interest calculations
  • Jumbo L/C risk sharing, sales and distribution
  • Structured single export

Import / Export Documentary Collections


  • Principal parties – roles and responsibilities
  • Benefits to importers and exporters of Documentary Collections
  • Relationship between principal and bank(s)
  • Role of banks (incl. correspondent banks/agency arrangements)
  • Legal and practical issues re the duties of the banks involved in handling collections
  • Conditions for release of documents
  • Procedures for Protest of Bill of Exchange (B/E) and underlying risks
  • Complexities of the ICC Uniform Rules for Collection (URC 522)

Structured Pre-export Finance


  • The fundamental principles of "tolling" finance deals
  • Case studies in securitisation and pre-export finance structures
  • Timing and an introduction to option financing

Course Video