Certificate in International Trade and Finance
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Course Details
- Introduction
- Objective
- Who should attend
- Course Location
Trade finance represents the financial instruments and products that are used by companies to facilitate international trade and commerce. ... Trade finance can help reduce the risk associated with global trade by reconciling the divergent needs of an exporter and importer.
The International Trade and Finance training Course develops the appropriate technical knowledge and skills required to enable you to apply that knowledge to situations within the workplace. The qualification provides a core understanding of the products, documents, trade terms, roles and responsibilities that underpin international trade and finance
The Course also develops an understanding of contemporary international trade and finance topics such as sustainability, digital disruption and innovation, ensuring that Participants have relevant and up-to-date knowledge for the industry.
By completing this course you will improve your knowledge of the products, documents, trade terms, roles and responsibilities that underpin international trade and finance. The Course also helps you develop a basic understanding of fraud prevention and risk in trade finance.
This course is a preparation course, and designed to equip you with the necessary skills and knowledge to prepare for the certification, should you choose to pursue it in the future
Course Outline
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