International Trade Finance (Beginner)

Introduction:

This multi-level program is designed to develop and strengthen the bank's trade finance team through a progressive structure. Comprised of three levels, this program was developed around the different knowledge, skills, and needs of the target participants based on their experience and expertise on trade finance. This approach optimizes the impact of the program to the participants and their banks.

Learning Outcomes:

• Discuss underlying principles of trade finance
• Demonstrate the step-by-step decision-making process during trade transactions
• Identify and resolve common issues in trade scenarios
• Apply practical approaches to improve daily operations, such as risk mitigating factors, correcting documentation defects, and possible amendments

Target Audience and Course Outline:

This program will greatly benefit bank personnel from the International Operations, Finance, Corporate Banking, Internal Audit, Credit Risk, and Compliance Departments. Those who are interested in the Trade Finance business and/or are expected to enhance their competency in trade finance operations are also encouraged to enroll in the program.

Trade Finance Practitioners are recommended to choose the levels according to their skill, knowledge, and interest.

Course Outline (Beginner):

• Define International Trade and Trade Barriers
• What is Trade Finance
• Introduction to Incoterms
• Understanding of various International Trade Settlement Methods
• Introduction to:

i.Documentary Collections

ii. Letters of Credit

iii. Bank Guarantees, and

iv. Standby LCs

Level of Product Knowledge and Experience

• Demonstrates basic understanding of trade finance
• Performs his/her job with some guidance
• With general experience in documentary collections and letters of credit

Speaker:

MR. THOMAS WONG

International Trade Operations Consultant

Schedule:

May 12, 2022 (Thursday, 9 AM - 4 PM)

Training Fee per Participant:

From Member Institution – P 2,240.00

From Non-Member Institution – P 3,360.00

**VAT inclusive