CERTIFIED TRADE FINANCE & BANKING Join Banks in Prestigious Designation

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1 CERTIFIED TRADE FINANCE & BANKING Join Banks in Prestigious Designation ADVANCED STUDIES TRAINING COACHING - ASSIGNMENT Be the Top Professional in - Trade Finance & Banking Specialisation in : SWIPE YOUR SALARY AED 200K MINIMUM EVERY YEAR!!!! LC Department(Import/Export) Collection Department(Import/Export) Documents Checking(Import/Export) Direct payment (Open Trading) Guarantee Division Payment and Reimbursement Bills Settlement Customer Service

2 In international trade / Import Export Trade,a Letter of credit (LC) is a safe payment method. Most of the importers and exporters make this method unsafe by mishandling it. They don t comply with the credit (LC) terms and conditions completely and properly making thus errors here and there in compliant documentation. The objective of this training is to reduce document rejection by improving the Importer s and Exporter s UCP 600 knowledge management skills and trade documentation skills and practice. Our training provides utmost knowledge for- how to prevent, or detect and rectify errors before presenting documents to the bank, how to manage the credit (LC) deadlines, how to manage the situations of incorrigible discrepancies. Etc.. Our training guides the importer and exporter handle shipment smoothly, error free documentation for hassle-free payment, telling the exporter that all his other efforts in export will go waste if documentation part is not proper and as a result payment is not received. Our training specifying what are the risks in import and export trade and what type of LC covers what risks, what kind of LC is the safest and application of collection system if LC is not workable. LC is a financing means. Exporter needs funds until LC payment comes, to continue his business cycle. You will learn how LC itself can be used as a financing means, how funds can be raised against LC as a collateral to solve the financing needs. Mr. Nair tells step-by-step how Back-to-Back or Transferable credit(lc) works to finance suppliers for onward export.

3 LC can be used as a means for reducing risks and costs in delivery or for better control on goods in transit through INCOTERMS (DELIVERY TERMS) stipulation on LC. Importer and Exporter need to learn where and how to quote INCOTERMS on compliant documents under LCs. They need to learn what INCOTERM to negotiate for stipulation on LC, what compliant documents are required under what stipulated INCOTERM. How LC can be used for safe/cost effective goods delivery management-relates to INCOTERMS will be taught. training covers : Knowledge of LC working and rules -- LC UCP 600 Handling of LC for its proper execution LC Management How to tackle the problem of non-payment - LC dispute management Collection Management URC 522

4 THIS COURSE DURATION - 3 Months TIMING - Weekdays, Fridays/Saturdays TRAINER - Certified/Qualified ICC,UK MATERIALS - Provided CERTIFICATION - Ministry of Education, Dubai COURSE FEE - AED 4000-/-

5 COURSE CONTENTS Training topics: International Trade Terms and Dispute arbitration Letters of credit (LC)-UCP 600 The collection of payments against documents Standby Letters of credit, bonds and Guarantees Foreign Currencies and Exchange risk Trade Finance Export credit insurance and ECGD supported finance Money laundering and Fraud Documents preparation and examination International trade terms and dispute arbitration The role of intermediaries such as banks and the principles under which they operate Researching trade opportunities and the credit standing of potential trade partners. Course highlights are given below: TRADE FINANCE OPERATION LC Department Customer Service Credit facilities LC import (opening and amendment) LC export (negotiation and bills discounting) Document checking under Import- LC and Export-LC Payment and Reimbursement Banking transactions payment under LC Bank to bank reimbursement

6 Collection Department Guarantee Division Direct payment (Open Trading) Collection import Collection export (negotiation and discounting) Handling documents under collection Settlement and payment under Collection docs Banking transactions payment under collection Guarantee (tender bond, performance bond etc) Banking transactions Handling documents under guarantee Invoice discounting TT payment system Settlement and releasing documents to customers Pre-shipment Financing and Post-shipment financing under LC and collection Swift operation ( for all messages in Trade Finance) Banks role with Shipping co, Insurance co., Port and customs and other govt divisions. UCP- 600 URC 722 URR 725 ISBP (International Standard Banking Practice) ISP 98 ( for Standby Guarantee) Assignments Case studies ICC Journals

7 Practical assignments on: LC Application (Opening/Amendment) - LC - Confirmed / Unconfirmed, - LC Transferable- LC Back to Back - LC Revolving &Red Clause -UCP 600 URC 722 ISBP URR LC-Standby - Export / Import Documents Checking - Handling Discrepancies - Payment & Reimbursement - Negotiation and Discounting Import/Export on Collection basis (URC 522)- Credit Facilities, Financing on Import/Export Operations - Guarantee: Performance bond, Tender bond, Retention, Advance Payment etc... Training highlights: International Trade, Incoterms - Shipping Terms & Maritime Laws, Logistics Operation, UAE - Intl. Free zone Operations Port & Customs Procedures, Marine Cargo Insurance, Ocean Bills of Lading, Charter Party Bills of Lading, Multimodal Bills of Lading, Freight Forwarders B / L, CMR & FCR, Tanker Bills of Lading, LOI & Third Port Shipment, Shipping Guarantee,Bonded Warehousing, Air Shipment - Air Way Bill, Truck Consignment, Contract Of Carriage under UCP 600

8 2008 CDCS Winners : Mr. Sahasranaman Narayan National Bank of Um-Al Quwain,Dubai Ms.Anagha Ojas Kanada Commercial Bank of Dubai, Dubai 2009 CDCS winners: Mr. Devi Priya Accounts Officer, Amgulf Polymers & Chemicals Mr. Mathew Thomas Sr. Commercial Officer, Platinum Corp Fze Ms. Siji Mathew Commercial Bank of Dubai, Dubai Mr. Aravind Finance & Accounts Manager 2010 CDCS Winners Mrs. Bernedt National Bank of Fujairah

9 FOR FURTHER QUERIES Contact: ,

Index. call options 102 cap and floor options 103 capital goods 125 capital markets 145 capital risk 111 cargo insurance 16

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