Trade Finance Course
The course on the “Trade Finance” starts with existence of trade from time immemorial, its trajectory of growth from its nascent stage to its current level due to various innovations and technological progress it has made over a period of time. Trade and trade finance go hand in hand, as they are inter-related.
The different types of Economic and Political risks alongwith other inherent risks associated with trade are explained in detail by giving certain examples from history of trade, for easy understanding and capturing of the subject, by the new comers in the field as also, it helps to refresh the subject for the veterans in the field. Risks of buyers and sellers in trade finance are shown by way of suitable diagrams.
The hints about interests of both sellers and buyers in trade are also narrated. The various methods of mitigating risks by banks like, taking insurance, obtaining credit reports of the new buyers to know their net worth, past history about payment settlement for transactions, need of mentioning all relevant details of the sales / purchases, terms of payment and delivery, before concluding a contract, advising to book a forward contract to hedge against any adverse currency fluctuation, seeking legal opinion from experts, for more clarity, which are important aspects of a trade finance, are narrated in detail.
The role of ICC in the trade finance giving clear cut definitions of various terms of trade, entities involved in the trade, their responsibilities, its publications for reference and settlement of disputes among the trade partners is very vital and significant as these clauses are accepted as the final verdicts on the subject.
Narration of different types of LC and its use under relevant occasions during the trade, mitigation of risks involved in the trade, are explained in detail. The significance of exports of a country and how they will affect the Balance of Payment position of that country is explained and the reasons to boost the export trade of a country are narrated for easy understanding of a new comer in the field. How and under what conditions, a Preshipment finance or Post shipment finance is given to an exporter, are narrated in detail.
The various terms of INCOTERMS used in the trade are explained, so also what is Forward and how a forward contract mitigates the risk of exchange rate volatility, is explained well.
What is SWIFT, its role in today’s world for faster communication among banks, various types of messages used through Swift and codes used for typical message type etc. are explained for the benefit of the listeners / readers.
What kind of import finance is given by banks / Financial Institutions worldwide, how are guarantees issued by a bank and what precautions are to be taken at the time of issuing the guarantees by a bank, are of prime importance, since it affects very badly on the position of a Banks’ balance sheet on its invocation, are clearly explained.
What are the requirements for Trade Finance Course?
- Any graduate degree holder
- Any one inclined to learn about Trade Finance and its practices
What am I going to get from this Trade Finance course?
- Over 7 lectures and 56 mins of content!
- To learn & understand the vital importance of trade finance to global economy
- To understand the activities of trade finance i.e. lending, issuing letters of credit, factoring, export credit and insurance
- Course will be helpful for the one who is interested in learning about Trade Finance Activities
What is the target audience doe Trade Finance Course?
- Research Students
- Anyone who wants to learn more about the International Trade and Practices.
|Where do our learners come from?|
|Professionals from around the world have benefited from eduCBA’s Trade Finance – A to Z of Trade Finance Activities Courses. Some of the top places that our learners come from include New York, Dubai, San Francisco, Bay Area, New Jersey, Houston, Seattle, Toronto, London, Berlin, UAE, Chicago, UK, Hong Kong, Singapore, Australia, New Zealand, India, Bangalore, New Delhi, Mumbai, Pune, Kolkata, Hyderabad and Gurgaon among many.|