International Trade - Part 3: International Payment Systems

International Trade - Part 3: International Payment Systems

The course provides a comprehensive foundation for understanding all aspects of International Trade Finance in a global context, covering the key principles, concepts, infrastructures, practices, issues, and current developments.

Although the full course is divided into four parts, which together form a complete picture of international trade, its various instruments, its operations and its financing, each part may be studied as a stand-alone unit.

Part 3 of the course covers:

• How international payments are made

• Payments in US Dollars – The Clearing House Interbank Payment System (CHIPS)

• Correspondent Banking

• Continuous Linked Settlement (CLS) and its role in settling international trade payments

This course will be of especial interest to banking, business, and import/export professionals who wish to expand their knowledge base as well as enhance their expertise and advance their careers in or gain a deeper understanding of the international trade finance arena.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

This course is of special interest to banking, business, and import/export professionals.

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What you will learn

• Discover the characteristics of an international payment.
• Identify the risks in correspondent banking.
• Explore the workings of the Continuous Linked Settlement (CLS) system

Rating: 4.71429

Level: Intermediate Level

Duration: 1 hour

Instructor: Illumeo Learning