International trade training program part 1         

By the end of this course you will be able to:

. Fully understand the different banking products offered by banks to Al-ITTEFAQ STEEL to finance their international trade deals

.Manage daily transactions of trade finance products

Course Outline:

.1-International trade introduction

.Incoterms2020

.Methods of payment

.2-Collections (URC522)

. How collection work

.The parties of collection

.Responsibilities of the bank

.The collection orders

.3-Letters of credit (UCP600)

.How letter of credit works

.Parties of a letter of credit

.Responsibilities of the banks

.Payment under a D/C

.Practical examples in issuance, checking documents and handling discrepancies

Target Audience:

.Al-ITTEFAQ STEEL Trade services staff

Prerequisites:

This course entitles you to attend:

Upon successful completion of this course, participants will obtain:

.Training attendance certificate