Description
Kyle Peterdy – CFI Education – Trade Finance download, Kyle Peterdy – CFI Education – Trade Finance review, Kyle Peterdy – CFI Education – Trade Finance free
Kyle Peterdy – CFI Education – Trade Finance
Trade Finance
Develop a robust understanding of how counterparties and the finance community approach trust and timing issues when conducting global trade
Explore how contracts and payment terms are structured
Understand trade finance instruments and credit products
Learn how to leverage hedging strategies to reduce currency risk
Overview
Trade Finance Course Overview
Trade credit is an agreement between two or more parties to facilitate a transaction, where payment is not exchanged at the time a good or service is purchased (or rendered). Trade Finance is a broad term with a number of important subtopics – all of which revolve around structuring transactions to de-risk as many elements as possible. This course covers mitigation tools for payment, performance, currency, and shipping risks (among others), by exploring common credit and payment terms, lending products, shipping terms, hedging strategies, insurance products, and more. We look at these topics from the perspectives of buyers, sellers, and the financial services professionals that advise and finance the two counterparties.
Trade Finance Learning Objectives
Upon completing this course, you will be able to:
Define trade finance.
Analyze how trust and timing issues affect buyers, sellers, and the financial institutions that support both parties.
Identify common contract and payment terms used in global trade.
Explain financial risks and performance risks.
Compare key trade finance instruments and credit products that are used globally.
Recommend risk mitigation solutions.
Who Should Take This Course?
This Trade Finance course is designed for current and aspiring commercial lending professionals, including relationship managers or loan officers, credit analysts, loan brokers, and adjudicators.
What you’ll learn
Introduction
Introduction
Learning Objectives
Download Course Files
Trade Credit Fundamentals
What is Trade Credit
Trade Terms
How Do Vendors Assess Buyer Credit
Payment Methods
Payment Methods
Cash-on-Delivery (COD)
Cash-Against-Documents (CAD)
Open Credit
Interactive Exercise 1
Consignment
Letter of Credit (LC)
Milestone Payments
Interactive Exercise 2
International Commercial Terms
Global Trade, Transportation and Title
Incoterms 2020
Any Mode Incoterms
Sea or Inland Waterway Incoterms
Other Incoterms Considerations
Interactive Exercise 3
Midway Check-In
Midway Check-In
Trade Risks and Mitigation Strategies
What is Currency Risk
Why Do Exchange Rates Move
Client Example – Currency Risk
FX Forwards
FX Swaps
Payment Risk
Payment Risk Mitigation
Types of Insurance Policies
Types of Insurance Coverage
Interactive Exercise 4
Insurance Coverage Example
Receivable Insurance – What is and What is Not Covered
Policy Walkthrough
Performance Risk
Letters of Credit
Interactive Exercise 5
Performance and Warranty Bonds
Other Notable Trade Risks
Interactive Exercise 6
Financing Trade
Trade Financing Products
Pre-Receivables Financing
Receivables Financing
Receivables Financing Example
Interactive Exercise 7
Conclusion
Conclusion
Qualified Assessments
Qualified Assessment
This Course is Part of the Following Programs
Commercial Banking & Credit Analyst (CBCA)®
Trade Finance is part of the Commercial Banking & Credit Analyst (CBCA)®, which includes 58 courses.
Skills Learned
Financial Analysis, Credit Structuring, Risk Management
Career Prep
Commercial Banking, Credit Analyst, Private Lending
