Introduction of Trade Finance in Banking and Financial Institutions for Beginners

Overview

This course aims to give learners a systematic overview of various aspects of international trade finance and associated risks. The learners will gain a deeper insight of trade finance mechanism and understanding various stages where finance is required. Learners will get to know the methods of financing international trade along with their comparative advantages and applications. The learners will know the sanctions and regulatory compliances associated with trade finance products.

Who Should Attend?

Junior and Students, Professionals, and Entrepreneurs involved in international trade finance. 
Below are the departments of interest. 

1. Finance Team

Junior Finance Analysts

2. Supply Chain Management Team

Supply Chain Associates, Logistics Officers Procurement Specialists, Junior Trace Finance Banking/Financial Institutions Staff

3. Sales and Marketing Team

Bank Relationship Managers, International Sales Officers, Export Marketing Executives Junior Sales and Marketing Associates

4. Compliance and Regulatory Affairs Team

Compliance Officer, Trade Compliance Analysts, Junior Compliance Analysts

5. Legal Team

International Trade Attorney, Junior Legal Associates

6. Risk Management Team

Risk Analysts Associates and Officers 

7. Product Development and Innovation Team

Product Officers, Junior Product Development Associates

8. Operations Team

Trade Operations Associates and Trade Analyst/ Officers/Executive 

9. Business Development Team

Business Development Associates

10. Customer Service Team

International Customer Service Representatives, Junior Customer Service Representatives

11. Sustainability and Corporate Responsibility Team

Sustainability Officer - Green Financing 

12. E-commerce Team

E-commerce Practitioners

13. Colleges

International Business and Trade Finance Students and Lecturers

Course Outcome

Course Outline

• Introduction to trade finance: Overview of international trade and its significance.
• Trade finance instruments: Introduction to various trade finance instruments.
• Trade finance documents: Explanation of essential common trade documents and purpose.
• Payment methods: Overview of payment methods in international trade.
• Letters of credit (LC): Detailed explanation of LCs, types, and purposes.
• Incoterms 2020: Basic introduction to Incoterms (International Commercial Terms).
• Trade finance regulations: Overview of international trade finance rules and regulations, such as UCP 600, URC522, URR 725 (Uniform Customs and Practice for Documentary Credits).
• Risks in trade finance: Identification of common risks in international trade, including credit risk, currency risk, and country risk.
• Basic risk mitigation: Introduction to risk mitigation strategies.
• Trade finance case studies: Practical examples and case studies to illustrate how trade finance instruments and concepts are applied in real-world scenarios.