Fee: RM 1,000 per pax
Loyalty Points: 1000 Points
Duration: 2 Days
Note: In-house course is available. Request it HERE
Every business entity needs financing either from internal or external sources. Even though a company is self-financing today, in the near future it may need to expand its manufacturing or sales activities due to market expansion, diversification of products, competition, globalization, in order to meet the fast changing demand, fast changing technology and Research & Development.
In order to achieve these objectives a company obviously needs additional resources and financing from the bank, so as to be able to withstand and sail through the cyclical nature of the economy, and also to excel in today’s competitive business environment.
There are financial institutions and finance companies which are willing to finance for such purpose, provided businessmen know what type and how much banking facilities are needed.
The knowledge on banking facilities such as Letter of Credit and other trade finance facilities and its required quantum, the risk and fraud occurrence in domestic as well as international trade, and the measures taken to prevent such occurrence, form an integral part of a successful business entity.
How Will You Benefit
Upon completion of this programme, the participants will be able to :
Who Should Attend
This program is suitable for Financial Controllers, Account Executives, Finance Executives, personnels involved in importing, manufacturing, exporting, shipping, freight forwarding, and trading concerns.
The programmes are conducted through interactive classroom lectures on key concepts, demonstration of procedures through visual aids, laptop & LCD projector, sample or real Letters of Credits and other shipping documents, various exercises given to participants to further understand the flow of Letters of Credit and the shipping documents, resolving problematic Letter of Credit, addressing discrepant documents and non-compliance to Letters of Credit.