CONTINUING BANKING EDUCATION TRAINING PROGRAMMES

INTERNATIONAL TRADE FINANCE Duration: 2 days OBJECTIVES Upon completion of the programme, participants will be able to: • Understand, appreciate and minimize risks and problems encountered in trade finance. • Have better understanding of the underlying principles attached to articles of the various ICC rules. • Be equipped with knowledge to avoid trade disputes and protect the interest of their financial institutions. • Effectively identify frauds in international trade finance. • Offer advice to customers in relation to trade finance transactions. CONTENT (i) Case studies with Application of ICC rules such as UCP 500, URR 525 and DOCDEX 577 highlighting:     - Common issues and problems.     - Discrepancies.     - Disputes over claims.     - Risks exposed to financial institutions. (ii) Trade Frauds.     - Common types.     - Necessary steps to avoid and minimize frauds. (iii) A Review of ISP98.     - Basis of the rules.     - Difference between UCP and ISP. TARGET GROUP Experienced Senior Trade Finance Officers and Managers, with minimum of five years’ experience in handling trade finance transactions, who need in-depth understanding of the relevant ICC rules and sharpen their knowledge to avoid and minimize risks and frauds. FORMAT Lectures, interactive discussions and case studies.