Introduction to International Trade Finance & Trade Services
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The Number 1 holistic course on International Trade Finance & Trade Services. The “Introduction to International Trade Finance & Trade Services” is the most comprehensive & detailed course you will find of its kind. It replicates and teaches concepts and skills that you will find in any management trainee level program of a bulge bracket Tier 1 multinational bank. It includes;
– 10+ Case Studies
– 25+ PDF Files
– 100+ Quiz Bank
– A Complete Glossary
– Real World Examples
– Interesting facts about Trade
– 5+ Hours of Video
– Beginner Level
– 40+ Lectures
– 10 Sections
– “Screencast of Slides” teaching Methodology
– Access on mobile and TV
– Downloadable Resources
– Certificate of Completion
– Full time Access
– 30 Day Money Back Guarantee
– Teacher Support
Trade is the bread & butter of almost every global multinational commercial bank. Resultantly, knowledge of the basics of trade finance and services becomes one of the most critical skillsets in developing yourself as a Corporate & Investment Banker. So why should you take this course and what value addition does it provide?
- You are not working in banking but want to switch careers & make an entry into this lucrative industry.
- You are a finance graduate and are looking to find a challenging position in Banking.
- You are already a banking employee and are looking to transition internally to a more challenging front office coverage role. This course will equip you with the basic knowledge required to make the shift.
- This course is also designed for CFO/Finance managers of organizations that are active participants in international trade (any company that imports & exports internationally) as the knowledge will better assist them in managing their banks and help them in optimizing solutions which are the most cost effective and efficient.
The course looks at;
- De-mystifying the Trade Finance market to gain a better understanding of the role that Trade plays in helping clients do more business using traditional products.
- Master different types of Trade products, including their individual features and benefits.
- Understand how to identify intrinsic risks in potential transactions and understand how these might be mitigated using tools and practices.
- Be better equipped to identify opportunities to solicit well-structured, lower risk Trade Finance business.
- Develop a deeper understanding of your customer’s requirements and elevate your position to that of trusted advisor.
The course is divided into 10 Sections covering the following learning outcomes;
- Section 1 : We will start by introducing participants of international trade ecosystem and do a deep dive into the different modes of transportation that are frequently used and their pros & cons.
- Section 2 : Next, we will discuss the trade environment specifically the political, Business, social and legal issues that shape & influence trade between two parties. Also Identify factors that restrict (tariffs, non-tariff barriers, Quotas) & promote (trade agreements) global trade.
- Section 3 : In this section we try to understand the underlying motivation that determine the terms that are set between buyer & sellers. Learn some of the trade finance products that form the building blocks in any banks Trade repertoire such as Cash in advance, Open Account, On Consignment, Documentary Collections, LC, & SBLC. We will also look at settlements under LC, types and different features / components of LC in addition to identifying the key drivers and risks from an importer, exporter and financier’s perspective.
- Section 4 : Many documents facilitate the exchange of goods and services. In this section you will learn about the different financial and commercial documents necessary for different trade transactions.
- Section 5 : The decision to extend credit to a customer is based on past experience and present conditions. The goals of extending credit are to service the needs of the customer and to earn a profit for the lending bank. We look at how banks extend credit, which transactions require trade financing, types of export financing and how banks use the correspondent banking market to manage risk.
- Section 6 : We identify the different risks that affect trade transactions, describe how banks manages risk, explore different risk transfer strategies. The informed banker understands these elements, how they affect international trade and how to provide the safest and most appropriate trade products to the customer.
- Section 7 : One of the risks inherent in international trade stems from the need to comply with legal and regulatory requirements. We take a comprehensive look at the compliance environment specifically pertaining to sanctions, Anti-Boycott laws, export controls & Anti Money Laundering.
- Section 8 : In this section, we take a deep dive into the information-gathering process that helps identify a prospective or current customer’s trade-related banking needs. In addition to setting key pricing benchmarks and providing guidelines for pricing a trade product.
- Section 9 : To finish off we delve into the world of ECA’s, DFI’s & MLA’s and how such programs support and enable the banks customers to remain competitive with businesses from other countries. We cover features/objectives of such organizations, describe the benefits, explore different structures/types, compare/contrast between ECA/DFI/MLA and look at pricing related issues.
- Section 10 : Summary, wrap up and an additional lecture! Discover a detailed Glossary of Terms and Definitions to help you master the terminology as well as select case studies.
Please don’t forget that the course comes with Udemy’s 30-Day Unconditional money-back-in-full guarantee, so you have nothing to lose! The course will keep updating frequently with more up-to-date learning resources. Simply click the Enroll Now button to get started now!
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6IntroductionVideo lesson
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7Trade EnvironmentVideo lesson
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8Factors Restricting TradeVideo lesson
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9Factors Promoting TradeVideo lesson
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10SummaryVideo lesson
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11Trade EnvironmentQuiz
Please download the PDF practice questions. Determine the correct answers to each question & Check your answers with the Answer Key provided.
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12IntroductionVideo lesson
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13Establishing Terms Between Buyers and SellersVideo lesson
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14Payment OptionsVideo lesson
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15Cash In AdvanceVideo lesson
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16Open AccountVideo lesson
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17On ConsignmentVideo lesson
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18Documentary CollectionsVideo lesson
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19Letter Of CreditVideo lesson
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20Standby Letter Of CreditVideo lesson
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21SummaryVideo lesson
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22Payment OptionsQuiz
Determine the correct answers to each question. Check your answers with the Answer Key
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29IntroductionVideo lesson
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30Extension Of CreditVideo lesson
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31Transactions Requiring Trade FinancingVideo lesson
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32Types Of Export FinancingVideo lesson
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33Correspondent BankingVideo lesson
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34SummaryVideo lesson
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35Trade FinanceQuiz
Determine the correct answers to each question. Check your answers with the Answer Key
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36IntroductionVideo lesson
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37Risks for the BankVideo lesson
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38Risk in a Trade Finance TransactionVideo lesson
Download the PDF and go through the following examples of typical trade finance transactions
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39Risk ManagementVideo lesson
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40Risk TransferVideo lesson
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41How to manage RiskVideo lesson
Download the PDF and go through a situation where banks can satisfy a customer’s export financing needs while maintaining an acceptable risk exposure
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42SummaryVideo lesson
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43RiskQuiz
Determine the correct answer to each question. Check your answers with the Answer Key
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44IntroductionVideo lesson
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45Compliance EnvironmentVideo lesson
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46SanctionsVideo lesson
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47Anti BoycottVideo lesson
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48Export ControlsVideo lesson
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49Anti Money LaunderingVideo lesson
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50SummaryVideo lesson
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51ComplianceQuiz
Determine the correct answer to each question. Check your answers with the Answer Key
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52IntroductionVideo lesson
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53Information Gathering ProcessVideo lesson
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54Key Pricing BenchmarksVideo lesson
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55Pricing GuidelinesVideo lesson
Download the PDF and go through pricing guidelines.
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56Presenting the offer to the CustomerVideo lesson
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57SummaryVideo lesson
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58Pricing SolutionQuiz
Determine the correct answer to each question. Check your answers with the Answer Key
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59IntroductionVideo lesson
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60Brief PrimerVideo lesson
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61Benefits of ECAVideo lesson
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62Structure of ECAVideo lesson
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63ECA, DFI, MLAVideo lesson
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64PricingVideo lesson
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65Types of ECA FinancingVideo lesson
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66Questions to AskVideo lesson
Download the PDF and go through a checklist of questions to ask to gauge ECA potential.
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67SummaryVideo lesson
Download the PDF and go through the Case Study.
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68Export Credit AgencyQuiz
Determine the correct answer to each question. Check your answers with the Answer Key
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