Trade Financing

  • 05-02-2024
  • Virtual Classroom

INTRODUCTION

To be able to process LCs alone is insufficient for an executive to handle their financing requirements.  The party concerned must also know:

The various Trade Financing products available from commercial banks,

  • The type and quantum to apply for, and
  • The Risks and Pitfalls to avoid.

 

OBJECTIVES

  • To equip participants with a comprehensive knowledge of traditional Trade Financing products.
  • To equip participants with skills to identify risky or fraudulent transactions and avoid them.
  • To impart the knowledge of relevant ICC Rules (UCP600, ISBP and Incoterms)

 

COURSE CONTENT

  • Concept of Trade Financing.
  • Quantum of financing requirements.
  • Tenor of financing requirements
  • Amount of additional facility required to finance credit sales.
  • Amount of (guarantee) facility required to ensure continuous supply of raw materials.
  • How long (tenor) should transactions be financed.
  • Settling Trade Bills – Trade financing products:
    • Bankers Acceptances,
    • Trust Receipts,
    • Foreign Currency Trust Receipts,
    • Invoicing Financing,
    • Export Credit Re-financing.
    • Various Bank Guarantees.
  • Exercise on how to structure your financing requirements.
  • Alternatives to Bank Financing.
  • Dangers in obtaining inappropriate amount/s of financing.

 

METHODOLOGY

Remote online learning – virtual classroom

Appendices related to ICC Rules are included.

 

WHO SHOULD ATTEND

This course is designed for the Entrepreneurs; Managers and Trade; Marketing, Audit and other Executives who require knowledge of Bank Letters of Credit operations, ICC rules relating to LCs and Shipping documents and International Trade Financing products.

 

CERTIFICATE OF PARTICIPATION

 

LINKS

Register Here
Download Brochure

 

Organizer:

Noel Vong

  • Time : 9:00 am - 5:00 pm (Asia/Kuala_Lumpur)

Registration Deadline Expired!!

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