Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate&#039;s treasury workflow —all the way to efficient, finance training programs.

Course Overview

This workshop is for participants who have limited knowledge of the international trade finance business. It provides a strong introduction to the fundamental elements of trade finance services offered by a bank. The workshop Introduce the trade finance services and products to the participants in a practical way using a set of exercises specially designed for this purpose.

Karim ShawkiCountry Sales Manager

Customized Corporate Training

We are the 'go-to' experts when it comes to customizing financial training programs. While adhering to the set rules and regulations, we do not interrupt your day-to-day business activities and work with cooperative flexibility to fit the immersing workflow.

Learning Outcome

Introduce the trade finance services and products to the bank clients in a practical way.

Classify the bank customers to use the most suitable payment tool which securing their trade deals.

Clarify international chamber of commerce icc publications related to trade finance tool.

Learn what’s meant by Trade Finance; type of shipping documents used in international trade.

Understand the different types of methods of settlements under the concept of risk ladder.

Identify types of documentary collections, types of documentary credits and letter of guarantees;

Understand the various delivery terms used in international trade under Incoterms 2020 rules.

Deliver the suitable service tailored to each customer in order to maximize the customer and consequently the bank profit and reserving the rights of each.

Identify the risk faced

Course Outline

International trade introductions

Explain trade history and its importance to the countries.

Buyers and sellers interests in trade processing.

International chamber of commerce ICC publications related to trade finance tool.

SWIFT basics, the message structure, the concept of the message’s fields, the basic elements of SWIFT messages and the ideal way to handle transfers.

International trade terms Incoterms 2020 rules.

Shipping Documents used in trading processing (how to extract and read contents of each document). (comm. Invoice, transport documents, packing list, certificate of origin ……)

Advanced payment Open account Collections (clean collection, direct collection, documentary collection and avalized draft) Letter of credit (Unconfirmed, confirmed, transferable, revolving ……)

Over view about the support of the letter of guarantee to the payment tools

Develop practical skills through case studies

Who Should Attend

Banks and corporates employees working in trade services, corporate banking, business development and marketing departments.

Aya Mohamed

Financial Learning Advisor TL