International Trade Finance - An Overview

International Trade Finance - An Overview

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5 Assignments

70+ Multiple Choice Questions

4 concise articles for additional knowledge

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Are you confused about the different payment methods used in international trade finance?

Confused about what is the need of so many types of payment methods - letter of credit, collections, bank guarantee? What is the difference between these and when is each method used?

Want to know what are the most commonly used trade documents? How do those look like?

Understand what is meant by Incoterms? What is its need? How is it used in international trade?

Then you are in the right place!! Welcome to the course on International Trade Finance - An Overview

What will you get out of this course?

1. Be confident to face interview questions for trade finance desk operations

2. Be confident with the complex flows of documents and money in letter of credit, collections etc

3. Crystal clear concepts of terms/jargons used in relation to international trade finance

4. Know how the commonly used trade documents look like and the important fields

5. Evaluate your understanding with quiz and practice test

Who is this course for?

1. Business Analysts and Consultants of International Trade Finance

2. Businessmen in the Export-Import domain who want to understand the payment methods available to them

3. Bankers

4. Students in International Trade

5. Employees in Trading Organizations

Why should you enroll to this course?

The course gives an overview of the world of trade finance before going into the details of the various payment methods used in international trade. It explains the detailed process flow of complex payment methods like collections, letter of credit, escrow account, and bank guarantees.

Special care has been taken to ensure that all the explanations are simple and lucid so that anyone without any background in finance can understand.

Invest just two hours in this course and be assured that you will get a solid knowledge base and you will be more confident to go into in-depth understandings in international trade finance.

What this course covers?

1. What is Trade Finance and who are the Parties Involved

2. Methods of Payment in International Trade - Overview

3. Documentary Collection - Detailed Process Flow and Related Knowhow

4. Letter of Credit - Detailed Process Flow and Related Knowhow

5. Types of Letter of Credit

6. Bank Guarantees - Detailed Process Flow and Related Knowhow

7. Letter of Credit and Bank Guarantee - A Comparison

8. Samples of Real-life trade documents and the important fields in those documents.

9. Overview of Incoterms 2020

10. Quiz and Evaluation Test

Easy Explanation of International Trade Payment Methods like LC, Collections, BG etc and Incoterms 2020

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What you will learn

• Get an overview of trade finance and understand roles of various related parties
• Understand the payment methods used in international trade and Pros and Cons of each payment method
• Crystal clear concepts of process flow of complex methods like letter of credit, bank guarantee and collections

Rating: 4.36145

Level: All Levels

Duration: 2 hours

Instructor: Anwesha Sengupta, CITF, CAIIB