CERTIFICATE

Program in Trade Finance

India’s Largest Banking Education & Training Institution Over 19,000 Placements Trained Over ,000 Industry Professionals 85

INTRODUCTION

IFBI’s CERTIFICATE COURSE IN TRADE FINANACE

COURSE OBJECTIVES

World today is a globalised village. All countries depend on each other for goods and services.

Facilitating free flow of goods and services is one of the primary functions for a bank. This being

international in character, trade finance has given rise to a complete body of international players,

practices and instruments. A specialisation in the field of trade finance confers a certain distinction

on any banker and there is a huge demand for trained professionals in this field. Indian economy is

on a tipping point to assume its rightful place amongst the comity of nations. Availability of

specialists will help accelerate pace towards that goal.

In order to meet the growing need for trained professionals in the field of trade finance, IFBI has

come out with a certification course in trade finance under its CPE Series-Banking. It will cover cross

border trade of products and services on one hand and exchange mechanism for settlement of

payments on the other. The course will help gain in-depth understanding of concepts and practices

relating to trade finance, as a result it will enable professionals to engage with clients, articulate

domain knowledge and carry out various functions in the field.

Upon completion of the program, the learner will be awarded an industry-oriented certification.

The course will ensure entry in a field of specialization much sought after by bankers with higher

possibilities for accelerated growth in career. The possibilities of an international career are higher

due to the talent dearth in this area.

This course has been designed specifically for working professionals to :

• Understand contemporary trade finance products, and processes

• Appreciate international laws and practices relating to trade finance

• Appreciate intricacies involved in various international trade transactions

COURSE DESCRIPTION

METHODOLOGY

COURSE DURATION :

COURSE SUITABLE FOR

TOPIC COVERAGE

Overview of foreign trade Meaning and need for foreign trade, risks associated with trade,

Role of a bank in trade , Documents in Trade Finance and

frequently used terms

Foreign exchange mechanism Foreign exchange mechanism, Forex rates

Incoterms Incoterms 2010, its importance and also comparison with

INCOTERMS 2000

UCP 600 Overview and detailed discussion on important sections

Letter of Credit Advantages of letter of credit, parties involved, documents

required, types of letters of credit, Letter of credit operations,

Amendments/cancellation and pricing

Bank Guarantees Advantages of Bank Guarantee, difference between guarantee

and letter of credit, documents required, types of bank

guarantee, processing of bank guarantee, invocation and

revocation of bank guarantee and charges

Exports Pre-shipment finance, post shipment finance. Scrutiny of

documents for collection/negotiation. FEMA/FEDAI/RBI

guidelines and EXIM policy

Imports Import of goods and services. FEMA/FEDAI / RBI guidelines and

EXIM policy

The course will be taught with the help of case studies, real life examples, and general discussions.

Online database resources will be used wherever necessary.

24 hours

• Officers/Managers/Relationship Managers in trade finance/credit management

• Officers/Managers working in foreign exchange department.

• General banking officers desirous of upskilling themselves

For further details, log on to www.ifbi.com Call (Toll free) 1800 266 8000

?Set up by NIIT, Asia’s No.1 in IT Education and Training and ICICI Bank, the No.1 Private Sector Bank in India.

?Over 19,000 placements and more than 85,000 industry professionals trained.

?Fast-track Career courses in Banking, Financial Services and Insurance.

?Domain knowledge, customer orientation, technology and application embedded in all courses.

?Experienced industry practitioners as faculty.

?World class courseware designed by Industry experts.

?Unique training methodology – case studies, e-learning, simulators, role plays, activities, seminars, projects etc.

?On line assessments.

?100% placement support.

?Over 25 leading organisations recruit IFBI students.

IFBI ADVANTAGE