Trade is not without risk for buyers and sellers, and international trade has certain features that enhance that risk.
In a globally interconnected world trade has become a part of our daily lives. This prominent feature of the global economy has developed and matured over hundreds of years and is a tribute to human ingenuity to cooperate for mutual benefit. However, trade is not without risk for buyers or sellers and international trade has certain features that enhance that risk. Banks have traditionally played a crucial role as facilitators to mitigate the risks inherent to international trade. This training will review features of international trade, focus on the financing of trade and in particular on the role that banks play.
The Introduction to Trade Finance e-learning course has especially been designed by subject matter experts to provide banking professionals with an overview of Trade Finance and the role of Financial Institutions.
Link with Trade Based Money Laundering
On completion of the course you will have developed a good foundational understanding of global trade and how companies settle their international commerce. Therefore this course, in combination with i-KYC’s TBML course, will also be valuable for learners who are still developing their technical Trade Finance knowledge.
Who should do this training?
This course is suitable for:
- Client-facing Commercial Bankers
- Trade & Commodity Finance specialists
- Customer support staff
- Risk Management analysts
- AML Compliance officers.
Download the course outline here
Specialized Financial Economic Crime Training
GRC Solutions is thrilled to collaborate with leading financial crime advisory firm, i-KYC, pairing their premium content library with our award-winning Salt Learning technologies to improve your approach to addressing Financial Economic Crime (FEC).
Download our brochure here
Module 1: Introduction
- Fundamentals of International Trade
- International Trade Governance & Risks
- Introduction to Trade Finance
Module 2: Trade Settlement Methods
- Clean Payments
- Documentary Collections
- Letter of Credits
Module 3: Risks & Roles of Banks
Module 4: Knowledge Check