Overview of Trade Finance Concepts

This course provides a comprehensive overview of various trade finance concepts and products. Participants evaluate the risks contained in international trade finance and discuss the products employed to mitigate those risks, such as documentary collections, various types and applications of letters of credit and bankers acceptances.

No sessions currently available. Contact client services to get the next available date.
Anyone who must have an understanding of trade finance products.
No advance preparation required.
Students will be able to:
  • Demonstrate a practical understanding of the core concepts of the risks in international trade
  • Develop a practical understanding of the products associated to mitigate these risks
  • Understand the difference between trade and non-trade letters of credit
A basic understanding of credit risk.
  • International Capital Markets
    • The classes will be offered in the following segments:
    • The risks and opportunities of trade finance from the perspective of importer and exporter
    • UCP 500
    • Collections
    • Trade Letters of Credit - Roles of the Bank
    • Single Bank and Multi-bank L/C's
    • The role of the Bank in Advising and Confirming L/C's
    • Non-trade or Performance Letters of Credit as a form of credit enhancement
    • Bankers acceptances - who issues them and who invests in them
    • Bankers acceptances as investments

    Clients who register for this course will receive a complimentary 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process, and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

    Lunch included for all students taking day classes.