Finance of International Trade

This course covers all aspects related to financing an export transaction and obtaining payment. Learners will examine how to receive and effect payment for international contracts of sale. The primary focus is on export methods of payment with the information presented also applicable to import trade transactions. The selection of the most suitable method of payment is a key factor of a successful export sale and these are examined in detail from advance payment and documentary collections through to documentary credits. Currency management is also examined and the most common export finance arrangements from factoring and invoice discounting through to forfaiting. Bonds and guarantees and export credit insurance complete the content of this course.

UPDATE!
This course now also leads to a certificate in Finance of International Trade from the Institute of Export UK.

Learning Units in this course:
Methods of Payment
Letters of Credit & UCP 600
Foreign Exchange Markets
International Trade Finance
Bills of Exchange
Bonds and Guarantees & URDG 758
Documentary Collections & URC 522
Forfaiting
Import Letters of Credit
Export Credit Insurance
Structured Trade Finance