International Trade Finance

Overview

This workshop is for participants who have limited knowledge of the international trade finance business. It provides a strong introduction to the fundamental elements of trade finance services offered by a bank. The workshop Introduce the trade finance services and products to the participants in a practical way using a set of exercises specially designed for this purpose. 

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Outcome

Classify the bank customers to use the most suitable payment tool that secures their trade deals.

Clarify the International Chamber of Commerce publications related to the trade finance tool.

Differentiate the types of methods of settlements under the concept of the risk ladder.

Identify types of documentary collections, types of documentary credits, and a letter of guarantee.

Understand the various delivery terms used in international trade under Incoterms 2020 rules.

Details

Developed by: Beacon FinTrain
Standard Total Hours: 18 Hrs
Language: English - Bilingual "English & Arabic"
Modalities: 
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Outline

  • History of trade and its importance to countries
  • Buyers’ and sellers’ interests in trade processing

  • ICC publications and rules related to trade finance tools
  • International trade terms: Incoterms 2020
  • SWIFT basics: message structure, fields, handling transfers

  • Commercial invoice
  • Transport documents (Bill of Lading, Air Waybill, etc.)
  • Packing list and certificate of origin
  • How to extract and read the contents of each document

  • Advanced Payment & Open Account
  • CollectionsClean collection
  • Direct collection
  • Documentary collection
  • Availed draft
  • Letter of Credit (LC)Unconfirmed, Confirmed, Transferable, Revolving
  • Bank Guarantees / Letters of Guarantee supporting payment tools

  • Develop practical skills through case studies

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    Who Should Attend

    • Banks and corporates employees working in trade services
    • corporate banking
    • business development and marketing departments.

    Why Beacon

    Quality

    Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

    Specialization

    We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

    Punctuality

    Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

    Guidance

    Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

    Integrity

    We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

    Flexibility

    Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.