Commercial financing, letters of credit, and bank guarantees

Bag code: ADMSS5200024 Days: 4 training days "Today training 5 hours" Time: 20 training hours Targeted from the program: Supervisors, financial analysts, procurement employees, business development managers, finance managers, administrative accountants, business analysts, treasury employees. About the program: This program revolves around trade finance, documentary credits, and bank guarantees (definition - types - characteristics - objectives - advantages - disadvantages .. etc). It will be presented through the following units: First training unit: The nature of trade finance Second training unit: Facilitation and banking services for exports and imports Third training unit: The contractual relationship between the parties of the contract Fourth training unit: Documentary letters of credit Program objectives: To enable the trainee to recognize the banking facilitation related to trade finance. To mention the trainee the basics of trade finance and best practices. To apply the trainee how to negotiate better commercial contracts. To discuss the trainee how to use different types of available documentary credits. Program axes: First training unit: (The nature of trade finance): What is trade finance? The importance of trade finance in the global economy The development of trade finance throughout history Trade finance tools Risks associated with trade finance Mechanisms to reduce risks in trade finance The role of banks and financial institutions in trade finance Recent developments in trade finance Future challenges in trade finance Conflicting objectives of the exporter and importer Conflicting goals between the exporter and importer Negotiation strategies between the exporter and importer Risks related to goal conflicts Practical examples of goal conflicts between the exporter and importer How to resolve goal conflicts? Trade finance risks Types of trade finance and its tools Types of risks in trade finance Financial risk management in trade finance Political and economic risk management Operational and logistical risks in trade finance Handling legal risks in trade finance Second training unit: (Facilitation and banking services for exports and imports): Overdraft facilitation and negotiation with banks Importance of overdraft facilitation Types of overdrafts Factors affecting obtaining overdraft facilitation How to determine overdraft limits? Risks of overdraft and how to manage them Pre-invoices and submitted documents Types of pre-invoices Importance of pre-invoices in commercial operations Importance of submitted documents in international trade Differences between pre-invoices and submitted documents Risks associated with pre-invoices and submitted documents Loan facilitation for import operations Objectives of loan facilitation for import operations Types of loan facilitation for import operations Import financing mechanisms Risks related to loan facilitation for import operations How to manage risks related to loan facilitation Third training unit: (The contractual relationship between the parties of the contract): Buyer versus seller and applicant versus issuing bank The difference between the buyer and seller versus the applicant and issuing bank The role of letters of credit in the relationship Risks and challenges The issuing bank, advisory bank, and beneficiary Relationship between the issuing bank and the advisory bank Relationship between the advisory bank and the beneficiary Role of the Uniform Customs and Practice for Documentary Credits (UCP) Issuing bank, confirmed bank, and beneficiary Issuing bank: its role and responsibilities Confirmed bank: its role and responsibilities Importance of documents in the letter of credit system Risks and challenges in using letters of credit Fourth training unit: (Documentary letters of credit): Transferable credit and against another credit Transferable credit (Transferable Credit) Back-to-back credit (Back-to-Back Credit) Difference between transferable credit and against another credit Legal importance and risks in using documentary credits Practical examples of transferable credit and against another credit The red clause and revolving credit Red clause credit (Red Clause Credit) Revolving credit (Revolving Credit) Difference between red clause credit and revolving credit Risks and future challenges of documentary credits Bank guarantees types How to issue bank guarantees The role of different parties in bank guarantees Advantages of bank guarantees Risks associated with bank guarantees Legal challenges related to bank guarantees Bag contents: PowerPoint 137 Trainer guide 114 Trainee guide 101 Activities 8 Introductory guide 5 References 6 Evaluation forms and data 6 Pre- and post-tests 10 Videos 8 Photos 12 Mind maps 1 Brochure 1 Bag contents 12 Training bag model Please click here to view the training bag model