The international market is becoming increasingly volatile and competitive. As a result it is vital to understand the nature and legal issues relating to International Finance, International Payments and how to manage the Credit Risk, Liquidity Risk and Exchange Rate Risk associated with international contracts. This course is designed to enable participants to negotiate and manage appropriate methods of payment, reduce risk and manage liquidity whilst remaining competitive in a volatile global market. The course provides a detailed analysis of the various Methods of International Payment; the procedures/systems; the legal protection and obligations and an evaluation of the methods of managing credit, liquidity and exchange rate risk.
Este curso de formação da Coventry Academy inclui
A detailed understanding of international finance and methods of payments; the procedures/systems, the legal protection and obligations
The I.C.C. Uniform Customs & Practice and Uniform Rules
Methods to reduce/eliminate exchange rate risk using internal and external hedging instruments
International Treasury Management
The latest tools and techniques such as Derivatives
Quais são os objectivos?
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
A quem se destina este curso de formação?
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
Como é que esta ação de formação será apresentada?
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.
Descrição do curso
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