International trade fundamentals

Why Attend

As one of tomorrow's business leaders, you must understand the realities of the global business environment, and the numerous forces shaping the nature and dynamics of international trade. In this course you will begin to develop management skills to help you recognize and address these global forces. Through lectures, discussions, projects, and presentations, we will use an African and other scenario to help you prepare for the new international business realities.

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Course Objectives


  • By the end of this course participants will be able to:
  • • Professionally advise their corporate customers to use the most suitable method of payment that suits best their trade deals.
  • • Fully understand the international rules governing sales contracts.
  • • Fully understand the international rules governing the method of payments used in international trade.


Target Audience


Banks and corporate employees working in: trade services, corporate banking, business development, and marketing depts.

International Trade Introduction

  • Problems & cases related to international trade
  • Role of the bank towards those problems
  • Incoterms2020
  • Method of payment
  • Commercial & financial documents

 

Collections (URC522)

  • How collection work
  • The parties of collection
  • Responsibilities of the bank
  • The collection order
  • Amendment and withdrawals

 

Letters of Credit (UCP600)

  • How letter of credit works
  • Parties of a letter of credit
  • Types of letter of credit
  • Responsibilities of the banks
  • Payment under  a  D/C
  • Practical examples  in issuance  , checking documents and handling discrepancies
  • Reimbursement(URR725)
  • Special types of letters of credit

This course has not been scheduled, however you can request for In-House training