International Trade Finance - An Overview
What you'll 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
- Get an overview of Incoterms 2020
Requirements
- No prerequisites
Description
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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?
Be confident to face interview questions for trade finance desk operations
Be confident with the complex flows of documents and money in letter of credit, collections etc
Crystal clear concepts of terms/jargons used in relation to international trade finance
Know how the commonly used trade documents look like and the important fields
Evaluate your understanding with quiz and practice test
Who is this course for?
Business Analysts and Consultants of International Trade Finance
Businessmen in the Export-Import domain who want to understand the payment methods available to them
Bankers
Students in International Trade
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?
What is Trade Finance and who are the Parties Involved
Methods of Payment in International Trade - Overview
Documentary Collection - Detailed Process Flow and Related Knowhow
Letter of Credit - Detailed Process Flow and Related Knowhow
Types of Letter of Credit
Bank Guarantees - Detailed Process Flow and Related Knowhow
Letter of Credit and Bank Guarantee - A Comparison
Samples of Real-life trade documents and the important fields in those documents.
Overview of Incoterms 2020
Quiz and Evaluation Test
Who this course is for:
- Business Analysts and Consultants of Trade Finance
- Bankers
- Businessmen in Export-Import Domain
- Employees of Trading Organizations
- CITF Aspirants and Students of International Trade
Instructor
Anwesha Sengupta is an ex-banker with around 10 years of experience in the trade finance domain in the largest bank in India, the State Bank of India. She has first-hand experience in handling numerous trade documents, both import and export legs with successfully managing high profile corporate accounts.
She loves to teach seemingly complex concepts in easy layman ways so that anyone without any prior knowledge on the subject can understand.
She has completed various certifications in trade finance including CITF by the International Chamber of Commerce, Certificate Course in Foreign Exchange by Foreign Exchange Dealers' Association of India (FEDAI).
Currently, she teaches various aspects of trade finance to hundreds of students in her own online e-learning startup.