A Highly Interactive Training Course On

International Trade & Finance

Identifying & Managing Risks of International Trade

International Trade & Finance
Course Schedule

CLASSROOM

17-21 Feb 2025
Dubai
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

In today's increasingly volatile and competitive international market, understanding the complexities of International Finance, International Payments, and effectively managing risks such as Credit Risk, Liquidity Risk, and Exchange Rate Risk is crucial. This course is specifically designed to empower participants with the skills to negotiate and implement suitable payment methods, mitigate risks, and maintain liquidity while navigating the challenges of a dynamic global economy. It offers a comprehensive analysis of Methods of International Payment, encompassing detailed exploration of operational procedures, legal considerations, and strategic approaches to managing credit, liquidity, and exchange rate risks.

Course features:

  • Comprehensive knowledge of international finance and payment methods, including procedures/systems, legal protections, and obligations.
  • Understanding of the I.C.C. Uniform Customs & Practice and Uniform Rules.
  • Techniques for reducing or eliminating exchange rate risk through internal and external hedging instruments.
  • Principles of International Treasury Management.
  • Exploration of advanced tools and techniques, such as Derivatives, in financial management and risk mitigation.

What are the goals?

By the end of this training course, participants will be able to: 

  • Negotiate and manage appropriate international methods of payment to reduce risk and manage liquidity
  • Understand the legal and regulatory framework, international protocols/conventions; ICC Uniform Rules for Collections and ICC Uniform Customs & Practice for Letters of Credit
  • Evaluate the methods of managing both liquidity and exchange rate risk
  • Evaluate and identify the most appropriate methods of finance: recourse and non-recourse
  • Identify common operational failures and how to avoid them  

Who is this Training Course for?

This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:

  • Those responsible for negotiating, managing or processing international payments/contracts either as exporter, importer or contractor.
  • Staff responsible for managing liquidity or securing finance
  • Staff responsible for exchange rate risk management
  • Managers dealing directly or indirectly with international payments, liquidity/finance and exchange rate risk who wish to increase their understanding and awareness of the major issues and on-going development
  • Bank officials who deal with international payments, finance/liquidity issues or exchange rate problems faced by their clients

How will this Training Course be Presented?

This Coventry Academy training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes the analysis and evaluation of real-world case studies, group discussions and video presentations. The practical and interactive nature of the course will enable delegates to transfer both knowledge and skills direct to their workplace, benefitting the organization and the delegate.

The Course Content

Day One: An Overview of International Trade
  • International Trade: The Growth, Nature & Risks
  • Techniques for Managing Risk
  • Documentation and Commercial Shipping Terms, (Incoterms).
  • International Payment Systems, Regulations & Money Laundering
  • International Contracts & Guarantees and Bonds
  • Foreign Trade Services
Day Two: Negotiating International Methods of Payment
  • International Payment Systems: Advantages and Disadvantages
  • Open Account
  • Payment in Advance
  • Documentary Collections & ICC Uniform Rules for Collections
  • Letters of Credit & Uniform Customs & Practice
  • Types of Letters of Credit (Transferable, Back to Back etc)
Day Three: Liquidity Management & International Finance
  • Liquidity Management
  • Status Reports
  • International Trade Insurance
  • Finance for Exporters & Importers:
  • Finance for Importers
  • Non-Recourse Finance
Day Four: Managing Exchange Rate Risk
  • Defining and Identifying Exchange Rate Risk
  • Measuring and Evaluating the Risk
  • Determinants of Exchange Rates
  • Managing Risk: - reducing/eliminating exchange rate risk
  • Internal Hedging Techniques
  • External Hedging Techniques (Derivatives) & Strategies
Day Five: International Treasury Management 
  • The Strategic Role & Scope of Treasury Management
  • International Finance & International Capital Budgeting
  • Transfer Payments
  • Evaluating the Performance of Overseas Subsidiaries/Departments
  • Risk Management Strategy
  • Regulation - The International Regulatory Framework