SUMMARY

This is an intensive primer on International Trade Finance. This course has been tailored for professionals in shipping and maritime companies who need to gain a closer understanding of all aspects of the financing of international trade.

Trade finance ensures that the other vital aspect of international trade, the payment, is made in strict accordance with the sellers’ and the buyers’ wishes and contractual obligations. Through its various mechanisms and international conventions, trade finance offers protections and certainties to sellers, exporters, purchasers and importers that the ordered goods will be delivered, and that the contracted price will be paid. Additionally, trade finance offers a range of financial tools that solves or alleviates the perpetual trade problem of insufficient working capital

KEY LEARNING OUTCOMES

• Learn the key role that specific shipping documents play in ensuring payment
• Understand different types of payment mechanisms, such as Letters of Credit, Documentary Collections, Open Account; how they operate and the risks that each carry
• Learn about the role of the financial industry as the key element in ensuring DvP (Delivery versus Payment) in international trade finance transactions
• Gain insights into the role of the ICC (International Chamber of Commerce) and international conventions in facilitating the smooth flow of goods versus payments
• Attain a knowledge of the different trade payment instruments and their processes
• Learn about relationships between buyers/importers and sellers/exporters and the financial services industry to ensure seam less secure transactions in international trade
• Understand how traditional techniques of pre- and post-shipment finance relate to financing forms such as forfaiting, countertrade, structured finance, Islamic finance, securitization etc.
• Be aware of how the international monetary system operates
• Understand the role of financial institutions of serving as trusted third-party intermediaries in protecting the interests of both parties
• Develop core competencies and learn the industry best practices
• Understand what Supply Chain Finance is and how it works

TARGET AUDIENCE

• External & Internal Auditors
• Compliance Officers
• Commercial Bankers from Front/Middle/Back Offices
• Commercial Bankers dealing with the Forex Market
• International Division Bankers
• Trade Finance Supervisors and Managers
• Risk Managers and Risk Management Officers
• Trading Company, Multi-national Corporate & Treasury Staff
• Trading Company Managers, Senior and Operational Staff
• Central Bank and Money Authority Supervisors and Regulators

INVESTMENT

SGD 3,295 per delegate (Classroom training)

Package Deal (Fundamental and Advanced Masterclass)

SGD 4,095 per delegate — SAVE SGD 895

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