Trade Finance Operations

How Will You Benefit

Upon completion of this programme, the participants will be able to :

• Understand the export-import legal framework
• Know the risks of importing and exporting
• Know how to manage and minimize these risks through the Contract of Sale and Contract of Carriage
• Understand the international payment options
• Learn how to manage currency and exchange rate risks; and
• Learn how to utilize trade documents to improve cash flows and profits through the various types of trade financing offered by financial institutions.

Audience

All personnel involved in the organization of import and export activities. Staffs in the Marketing, Purchasing, Transport and Logistics, Finance / Accounts and Risk Management Departments are encouraged to attend. Level for Accountants and above

Methodology

This stimulating program will maximizes the understanding and learning through lecture, discussion, case studies and practical activities

Module

• INTRODUCTION TO INTERNATIONAL TRADE
• STANDARD TRADE PRACTICES
• INCORPORATING INCOTERMS IN A SALES CONTRACT
• COSTS AND RISKS IN CHOOSING PAYMENT TERMS
• IDENTIFYING THE TYPES OF DOCUMENTARY CREDITS AND THEIR USES
• SETTLEMENT RISKS
• MAJOR TYPES OF FINANCING FOR EXPORTERS AND IMPORTERS – ADVANTAGES AND COSTS IN USING