This three-day course covers all the common transactional components that are present when dealing internationally, as well as the products available to assist clients in reducing their financial risks when dealing with foreign counterparts. An in-depth look and understanding is provided of all the various FX touch points between a bank and its clients.
Participants will learn how to identify customer needs and recommend appropriate product solutions, as well as assess various risks to both bank and customer in international trade transactions. They will also gain an ability to explain and identify ways of mitigating that risk and carry out the processes involved in documentary collections, documentary letters of credit and contract guarantees.
The course will also address the purpose and application of the various International Chamber of Commerce rules and practices, identify customer needs for finance of exports/imports and explain the features and benefits of each method.