DESCRIPTION
Setelah mengikuti training ini, Anda akan dapat mengembangkan pemahaman mendasar tentang perdagangan global dan bagaimana perusahaan menyelesaikan kegiatan komersial lintas batas mereka, apa kebutuhan dasarnya, mengidentifikasi risiko serta instrumen yang tersedia untuk mengurangi risiko tersebut. Studi kasus akan memberi Anda situasi “kehidupan nyata” dan memungkinkan Anda untuk menerapkan konten dan pengetahuan yang Anda dapatkan selama ini. Tentu saja, secara khusus menampilkan logika dan kemudahan produk trade finance dan mana yang akan digunakan dalam berbagai keadaan.
OBJECTIVE
Understand the different methods of payment in international trade
Identify the risk areas in relation to the various methods of payments and services provided by the trade finance operations
Identify, manage and mitigate operational and credit risks associated in handling trade finance products
Implement methods to assess, manage and monitor these risks develop and
Implement effective audit programmes for audit of trade finance operations.
COURSE OUTLINE
Overview of Trade Finance
Understanding the Rules and Legal Regulations in Trade Different
Types of Letters of Credit – Including Payment, Acceptance, Deferred Payment, Negotiation and the Risk Implication for Trade Finance
Operations Risks in Advising, Opening and Processing Letters of Credit
Risks in Processing Shipping Guarantees Risks in Processing Letters of Guarantee and Standby Letters of Credit
Grey Areas with regard to Recourse, Reserve and Indemnity in Documentary Credits
Clinker Clauses
Purchase, Discount and Negotiation
Risk in Transferable Letters of Credit, Back-to-Back Letters of Credit, Red Clause and Revolving Letters of Credit
Recommended Action in Handling Fraud
- Documentary frauds
- Marine frauds The Effect of Legal Decisions on Credit and Operational Risks
Bills of exchange
Promissory notes
Export credits
Factoring and forfeiting
Invoice discounting
Developing and Implementing Effective Audit Programmes
METHOD
Presentation
Discussion
Case study
