This course provides both current and prospective entrepreneurs with detailed operational knowledge on the workings and applications of various export trade finance products, instruments and methods.
Focusing on real-world exporting experiences, this course takes participants on a journey through the trade finance industry with the aim of providing them with the ability to not only identify and access appropriate pre and post-shipment trade finance products, but also to effectively negotiate payment terms with buyers (importers). The course uses a hands-on approach to introduce bills of exchange, documentary credits and documentary collections, before concluding by showing participants how to manage foreign exchange risks and use export credit insurance and/or demand guarantees to minimize the issues involved in offering open account terms.
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After completing this course, participants will be able to:
EARN AN ADVANCED CERTIFICATE OF COMPLETION
Participants who meet the course requirements will receive an Advanced Certificate of Completion issued in electronic format.
Module 1: Introduction to Export Trade Finance
Lecture 1: Introduction to International Trade Finance
Lecture 2: Trade Finance Instruments and Methods
Lecture 3: Export Trade Financing Options
Case Study Exercise 1
Module 2: Working with International Payment Methods
Lecture 4: Negotiating a Payment Arrangement
Lecture 5: Receiving Payment by Documentary Credit
Lecture 6: Working with Unsecured Payment Arrangements
Case Study Exercise 2
Module 3: Managing Payment Risk
Lecture 7: Working with Foreign Currencies
Lecture 8: Working with Export Credit Insurance
Lecture 9: Working with Demand Guarantees
Case Study Exercise 3