International trade is diverse and complex as parties involved often have to deal with unfamiliar counterparties, customs and regulations in cross-border transactions. This 3-day workshop examines the range of trade finance products offered by financial institutions to help finance and manage the risks involved in international trade transactions. Participants will learn the mechanism of different methods of payment, risk mitigation, documentation and governing rules, and how to apply the practical knowledge in structuring suitable credit lines to meet client needs and mitigate credit risks.
 


This intensive 3-day workshop looks at the essential elements of international trade financing. Participants will learn about the rules, risks and key documentation of trade financing. Different methods of payment for international trade, such
as documentary collections and documentary credits will be discussed. Participants will work on cases to gain hands-on experience on structuring of
trade finance facilities to meet client needs.

Tailored for professionals from banking, trade and commerce who are new to trade financing, participants will walk away with practical knowledge in the application and structuring of trade lines. For program details, plase visit: https://fti.smu.edu.sg/etf_main

 
Who Should Attend

- Relationship managers, branch managers, management associates
- Professionals involved in support functions such as risk, audit, compliance and operations
- Corporate treasurers, finance and shipping executives involved in trade finance

 

Takeaways

  •  Overview of international trade financing
  •  Key risks in trade financing
  •  Governing rules and documentation for international trade finance
  •  Mechanism of different methods of payment and their inherent risks
  •  Applications of documentary collections and documentary credits
  •  Structuring suitable credit lines to meet clients’ financing needs and mitigate credit risks
     

 

Certification

Certificate of Attendance

Type of Course

Classroom

Category

Finance, Financial IT and Risk Management

Credit Units

 

Instructional Methods and Expectations

Lectures, Discussions, Exercises

Fees

SGD $2,500 (excluding GST)

 
10% group discount for signups of 3 participants and above.

Qualifying businesses can claim 40% cash rebate or up to 400% tax deduction via the Productivity and Innovation Credit (PIC) scheme. For details, please visit:http://www.iras.gov.sg/irashome/picredit.aspx



SkillsFuture Credit

Singapore Citizens aged 25 and above, and self-funding may use their SkillsFuture Credit (up to S$500) to defray part of the course fee. Please visit http://www.skillsfuture.sg/ for the User Guide on how to claim for SkillsFuture Credit. Claim should be submitted via http://www.skillsfuture.sg/credit.

 
Union Training Assistance Program (UTAP)

NTUC members are eligible for UTAP funding at 50% of the unfunded course fee capped at $250 every year. For application, terms and conditions, please click here.
 

Prerequisites

 

Course Dates


9 - 11 Oct  2017

Mon - Wed

0900 - 1600

Adam Wong          

Adam Wong is a senior corporate, consumer banking professional and banking consultant, with 24 years’ track record successfully improving global and regional banks’ revenue and profits. He has extensive experience in designing and managing business models focusing on integrating SME banking into the Consumer Bank, Cash Management, Corporate Banking and Trade Finance, with strong strategic orientation and regional exposure in South Asia and Hong Kong.Adam has over 20 years of financial training experience. He currently manages a consulting firm, focusing on the design and delivery of quality training programmes in SME financing, credit evaluation, cash management, syndications, project finance and trade finance, and strategic business coaching to senior managers, for financial institutions in Asia.