Gain an understanding of how trade finance facilities help you to mitigate risk and manage cashflow – including a deep dive on letters of credit.
Financing international trade includes such activities as lending, issuing letters of credit, export credit and insurance.
Knowledge of these processes is essential for anyone working in an international trade environment who is responsible for ensuring their business is paid on time.
This course evaluates the suitability and use of multiple trade finance instruments in detail, including letters of credit, bonds and guarantees.
It dives deep into the role letters of credit play within supply chains, covering the roles of each party using them.
If you are leading on the finance or accounting for your business, this course will be an asset in helping you ensure that your trading habits result in compliant and accurate payment and credit.
This course is ideal for:
- Accounts and finance
- Import administration
- Export administration
- Legal & Compliance
Topics covered
- Introduction to trade finance
- TF tools and instruments
- Introduction to letter of credit
- LOC fulfilment and costs
- Impact of Incoterms® on LOC
- LOC do’s and don’ts
- Regulations around LOC
