Comprehesive Trade Finance

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Course Highlights:

Considering the national objective of a USD 5 trillion economy by 2025, Indian banks need to mobilize their manpower to provide Trade Finance on a much higher plateau than at present in order to bridge the demand supply gap. The fact that majority of the work force has less than five years of experience or left over service, banks are experiencing huge knowledge gaps. Considering FEMA’s ever-changing scenario as well as other compliance concerns, desk officers should be capable of delivering the desired results to all stakeholders. In this direction, SIFL is providing a platform for training and improving the skill sets of bank employees.

Benefits of the Programme:

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Course deliverables:

Customised Training:

Our training programs may be customized to meet the specific training and development solutions that match the needs of any organization and teams. Training courses can be delivered onsite, online or through a blended learning approach.

Programme- Comprehensive Trade Finance

  • Introduction to International Trade, Balance of Trade & Balance of Payment
  • Methods of Settlement:
    • Cash in Advance

    • Letters of Credit

    • Documentary collections

    • Open Account

    • Consignment Trade

  • Export Regulations and RBI Guidelines for Exports
  • Export Credit-Risk assessment, country risk, assessment of overseas buyer.
  • Pre-shipment Finance- Packing Credit, Clean/Hypothecation/Pledge loans & Shipping loans.
  • Post shipment Finance-LC for Export, Export Bills under LC. Export Bills purchase not under L.C.
  • ECGC cover- WTPCG & WTPSG
  • Non fund based credit
  • Pre-shipment credit for Deemed exports/Exhibition-Sale/Imports meant for exports & Software exports
  • Follow up for delayed realisation of exports & IDPMS
  • Import Export Code numbers
  • Import Regulations and RBI Guidelines
  • Import Licence & Categories of Importers
  • Imports under Trade Agreements
  • High sea sales,
  • Remittances against replacement imports.
  • Import of rough diamonds, Aircrafts, helicopters & other aviation products.
  • Opening L.C. Reimbursement, amendments, Cancellation Expiry of L.C. Clearance of goods. Evidence of import in lieu of Bill of Entry. Retirement of Rupee Bills. IDPMS
  • Import of Gold & Precious Metals
  • Remittances including Advance Remittances & Forward Contract for Imports
  • Trade Credits- Supplier’s Credit & Buyer’s Credit
  • UCPDC : Application, Definition & Interpretation
  • Credits Vs Contracts, Documents Vs Goods/Services/Performances.
  • Availability, Expiry Date & Place of Presentation
  • Issuing Bank Undertaking/Confirming Bank Undertaking.
  • Advising Credits &Amendments. Nomination, Bank to Bank to reimbursement arrangements
  • Complying presentation, Discrepant documents waiver & Notice. Original documents & copies
  • Extension of Expiry Date or Last Day of presentation, Tolerance in Credit Amount/Quantity & Unit Prices
  • Partial Drawings or shipments, Instalment Drawings or Shipments. Hours of Presentation.
  • URC: Application& Definition of URC, Parties to Collection, Collection Instructions, Presentation. Sight & Acceptance.
  • Release of commercial documents, Creation of documents
  • Documents Vs Goods, Services & Performance
  • Payment In local Currency & Foreign Currency, Partial payments/interest, charges & expenses
  • Acceptance, Promissory notes & other instruments
  • Protest/case of need/advices
  • Conditions for classification as Merchant Trade & Permitted Goods/Merchandise
  • Time frame (TAT) for MTT transactions
  • Write off of unrealised amount of export leg of MTT
  • Third party payments
  • SCF- Ecosystem & Benefits
  • Impact of technology & fintech on SCF
  • Receivables Discounting
  • Factoring & Forfaiting
  • Payables finance- Reverse Factoring
  • Loans/advances against receivables
  • Distributor finance
  • Advances against inventory
  • Pre-shipment finance

Programme Director

Mr. Anil Jain

Mr. Anil Jain is the former Asset. General Manager of Bank of Baroda. He is a veteran banker with extensive experience in retail banking, financial markets, and treasury operations in India and abroad.