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Trade Finance for Bank Officers
The goal of this 4 days training program is to provide a good understanding about trade transactions and trade finance to its participants, so that they as bank officers will be able to understand their customer's trade related needs and the banking products to meet those needs. Listed below are the major topics that will be covered in this program.
How a trade transaction is initiated, who are the principal players, what are the various terms of the transaction and what documents are required to facilitate a typical trade transaction.
How documentary and/ or clean letter of credit and documentary collection are used to facilitate trade transaction, who are the involved parties and why they are used.
The importance of insurance in trade transactions, the risk coverage that are provided and the key terms and conditions governing the relationship between the insurer and the insured.
The roles of banks in trade financing and the role of warehouse receipt to facilitate bank financing to both the importers and exporters.