Trade Finance

This course targets trade officers with 3 to 5 years of experience, enabling them, upon completion, to identify key ICC publications and explain trade finance instruments, under the condition of applying these competencies within international trade finance operations. Participants will review ICC history and publications such as UCP and ISP98, explain responsibilities under documentary credits, collections, and letters of guarantee, and outline the life cycles of documentary collections and counter letters of guarantee. The course further covers trade finance tools, transport and insurance documents, arbitration processes, and DOCDEX, while equipping learners to define risk mitigation and elimination strategies, analyze risks, and establish effective risk management systems for trade finance departments, including instruments like letters of indemnity, marine letters of guarantee, shipside bonds, shipping guarantees, and shipping documents.