Banking Regulations (AML&NDIC)
Strategic Management and Leadership
Course Overview
This course provides a comprehensive understanding of international trade finance, covering key topics such as methods of payment, common documents in a letter of credit (L/C), and the dynamics of L/Cs. Participants will learn about the risks associated with various payment methods, the determinants of financing methods, and the specifics of export transactions. The course will also explore the use of bills for collection, bills of lading as collateral, and bills of exchange as financing tools.
Learning Outcomes
- Explain the concept of cross-border trade and its inherent risks.
- Identify and differentiate various payment methods used in international trade.
- Understand the mechanics of letters of credit and their role in mitigating risk.
- Analyze common trade documents and their significance in settlements.
- Identify the parties involved in international trade transactions and their responsibilities.
