Certificate in International Trade and Finance

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Mar-18-2024

    Kuala Lumpur

  • Apr-15-2024

    Kuala Lumpur

  • May-20-2024

    Kuala Lumpur

  • June-17-2024

    Kuala Lumpur

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • Feb-26-2024

    Paris

  • Feb-26-2024

    Singapore

  • Mar-04-2024

    Dubai

  • Mar-04-2024

    Barcelona

  • Mar-11-2024

    London

  • Mar-11-2024

    Amsterdam

  • Mar-18-2024

    Istanbul

  • Mar-25-2024

    Paris

  • Mar-25-2024

    Singapore

  • Apr-01-2024

    Barcelona

  • Apr-01-2024

    Dubai

  • Apr-08-2024

    Amsterdam

  • Apr-08-2024

    London

  • Apr-15-2024

    Istanbul

  • Apr-22-2024

    Dubai

  • Apr-22-2024

    Paris

  • Apr-29-2024

    Barcelona

  • Apr-29-2024

    Singapore

  • May-06-2024

    Dubai

  • May-06-2024

    Barcelona

  • May-13-2024

    London

  • May-13-2024

    Amsterdam

  • May-20-2024

    Istanbul

  • May-27-2024

    Paris

  • May-27-2024

    Singapore

  • June-03-2024

    Barcelona

  • June-03-2024

    Dubai

  • June-10-2024

    Amsterdam

  • June-10-2024

    London

  • June-17-2024

    Istanbul

  • June-24-2024

    Paris

  • June-24-2024

    Singapore

  • July-01-2024

    Dubai

  • July-01-2024

    Barcelona

  • July-08-2024

    Amsterdam

  • July-08-2024

    London

  • July-15-2024

    Istanbul

  • July-22-2024

    Dubai

  • July-22-2024

    Paris

  • July-29-2024

    Singapore

  • July-29-2024

    Barcelona

  • Aug-05-2024

    Barcelona

  • Aug-05-2024

    Dubai

  • Aug-12-2024

    Amsterdam

  • Aug-12-2024

    London

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Singapore

  • Aug-26-2024

    Paris

  • Sep-02-2024

    Dubai

  • Sep-02-2024

    Barcelona

  • Sep-09-2024

    Amsterdam

  • Sep-09-2024

    London

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Dubai

  • Sep-23-2024

    Paris

  • Sep-30-2024

    Singapore

  • Sep-30-2024

    Barcelona

  • Oct-07-2024

    Dubai

  • Oct-07-2024

    Barcelona

  • Oct-14-2024

    London

  • Oct-14-2024

    Amsterdam

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Paris

  • Oct-28-2024

    Singapore

  • Nov-04-2024

    Dubai

  • Nov-04-2024

    Barcelona

  • Nov-11-2024

    Amsterdam

  • Nov-11-2024

    London

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Paris

  • Nov-25-2024

    Singapore

  • Dec-02-2024

    Barcelona

  • Dec-02-2024

    Dubai

  • Dec-09-2024

    London

  • Dec-09-2024

    Amsterdam

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Dubai

  • Dec-23-2024

    Paris

  • Dec-30-2024

    Barcelona

  • Dec-30-2024

    Singapore

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

  • Impact of non-bank competitors – COFACE, Euler Hermes

 

 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