Trade finance online training and certificate

The Global Trade Certificate (GTC) is a state-of-the-art introductory programme providing a comprehensive overview of trade finance essentials.

The GTC is aimed at transactional and relationship managers—as well as executives from management, credit, legal and compliance functions.

Course structure

Developed by a team of internationally renowned trade finance specialists, the programme consists of six core e-courses and a choice of three electives. Each e-course has been designed to build a solid foundation of key trade finance products and techniques from letters of credit to supply chain.

Core courses

• Introduction to Trade Finance
• Introduction to Documentary Credits
• Introduction to Documentary Collections
• Introduction to Guarantees
• Introduction to Receivables Finance
• Introduction to Distributor Finance
  

Core courses

• Introduction to Trade Finance Compliance
• Introduction to Supply Chain Finance
• Introduction to Cross Border Trade
• Introduction to Risk Distribution
• Introduction to Capital and Pricing
• Introduction to Trade Finance Sales
• Introduction to Standby Letters of Credit
• Introduction to Fraud and Reputational Risk
  

Assessment

After completing all learning modules, candidates take an exam based on the knowledge delivered through the GTC’s six core e-courses. ICC Academy examinations are proctored “live” via the Internet. The passing grade is set at 70%.

Candidates who pass the examination will be issued an accredited certificate for the programme and may use the “GTC” designation—the new global standard for trade professionals.

Key features of the GTC

• Top-of-the-line trade financing training
• Dynamic digital learning platform
• Multi-level modular training
• Each course is developed by an industry-leading specialist
• Trackable learning progress at Bank level
• Study anywhere and anytime
• Exams: proctored “live” online
  

Price

The price for the full GTC certification is €960,00. This includes access to all six core e-courses and eight electives, in addition to a one time attempt at the assessment examination. For individual e-courses, pricing begins at €130,00.

To learn more about this programme, please visit: icc.academy.

On completion of the course you will have developed a good foundational understanding of global trade and how companies settle their cross border commercial activities, what their basic needs are, identify the risks as well as instruments available to mitigate those risks.

The case study will provide you with “real-life” situations and allow you to apply the content and knowledge you have acquired during this course, specifically showcasing the logic and ease of trade finance products and which ones to use under various circumstances.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Relationship Between Trade and Trade Finance
• Module 2 Introduction to Trade Finance
• Module 3 What is Trade?
• Module 4 What are the Risks in Cross Border Commercial Activities?
• Module 5 Trade Finance as Working Capital Management
• Module 6 How do Companies Settle their Cross Border Commercial Activities?
• Module 7 Commercial Contract Settlement – Documents
• Module 8 What are the Trade Finance Solution Sets
• Module 9 Trade Market Infrastructure
• Module 10 Case Study
• Module 11 Assessment
  

Price: 

€130,00

This course provides a practical overview of the long-established but still rather esoteric trade financing instrument, the Documentary Letter of Credit, known variously as Documentary Credit, Commercial Letter of Credit, Letter of Credit, L/C, and D/C. For the purpose of this course, we will limit ourselves to “Documentary Credit” and “L/C”. Upon completion, you will have developed a good foundational understanding of the importance of the documentary letter of credit in enabling trade, the versatility of this proven instrument in addressing a range of market conditions and a variety of client needs. You will also appreciate the strengths of this unique financial instrument, as well as the weaknesses (and a couple of misconceptions) of this mechanism.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Introduction to Documentary Credits
• Module 2 Selected challenges in international trade
• Module 3 The continuing importance of the Documentary Credit
• Module 4 Trading parties and their needs
• Module 5 Rules, practices and standards: Cornerstones
• Module 6 Basic Documentary Credits Transaction Flow
• Module 7 Risk and the Documentary Credit
• Module 8 Confirmation of Documentary Credits
• Module 9 Trade Banking and Other Systems
• Module 10 Capital Adequacy, Basel and the ICC Trade Register
• Module 11 Assessment
  

Price: €130,00

This introductory course provides a practical overview of the first type of trade financing instrument based on shipping documents and bank intermediation. In the trade world this operation is also known as “Collection”.

In this course, you will learn how to describe the two types of Documentary Collections, portray the cycle in its entirety, and understand the role and perspective of a Relationship Manager in this cycle. Additionally, you will obtain a clear insight into the risks and documents involved in a Documentary Collection.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 What is a Documentary Collection?
• Module 2 How does a Documentary Collection work?
• Module 3 What are the various documents that can be called for under a Documentary Collection?
• Module 4 International Chamber of Commerce (“ICC”)
• Module 5 Value of the Documentary Collection to exporters and importers
• Module 6 Comparison of the use of Acceptance Terms versus Sight
• Module 7 The bank’s roles and obligations
• Module 8 Financing the Documentary Collection
• Module 9 The Documentary Collection – the RM’s perspective
• Module 10 Trade Operations / Legal & Compliance
  

Price:  €130,00

This course provides an introduction to Guarantees and is set up to give you an overview of what a Guarantee is and its structure. You will learn about the origins and development of a Guarantee, from the days of using cash deposits as a collateral, to to the independent instruments of today.

You will also learn the importance of using the correct terminology and the key elements of a Guarantee. In addition, you will come to understand the abstract and documentary nature of the Guarantee.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Overview of Guarantees
• Module 2 Family of Independent Instruments
• Module 3 Structure of a Guarantee
• Module 4 Types of Guarantees – most common forms
• Module 5 Jurisdiction and rules
• Module 6 Life cycle of a Guarantee
• Module 7 Demand under a Guarantee
• Module 8 Case Study
• Module 9 Assessment
  

Price: €130,00

Upon completion of the course you will be able to understand basic concepts related to Receivables Finance, and identify several of the major variations of Receivables Finance as well as the major risks and benefits associated with this form of financing.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Financing Receivables: Understanding the Context
• Module 2 Foundational Concepts
• Module 3 Types or Variations of Receivables Financing
• Module 4 Benefits of Receivables Financing
• Module 5 Risks of Receivables Financing
• Module 6 Risk Mitigation Options
• Module 7 Evolution in Receivables Finance
• Module 8 Conclusion
• Module 9 Assessment
  

Price: €130,00

This introductory course provides a practical overview of Distributor Finance. On completion of the course you will be able to engage effectively and credibly with clients, and recognize.

Opportunities to propose Distributor Finance in its main varieties as a potential solution to the needs of major manufacturers and exporters (anchor parties) and their internationally dispersed distributors.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Main distribution models used by exporters
• Module 2 The strategic role of payment terms between Anchor party and Distributor
• Module 3 Relationship of Distributor Finance to Supply Chain Finance
• Module 4 Definition of supply chain finance and its categories
• Module 5 What is Distributor Finance?
• Module 6 Benefits of Distributor Finance for Parties Involved
• Module 7 Risk and Risk Management for Distributor Finance
• Module 8 Assessment
  

Price: €130,00

The Introduction to Trade Finance Compliance course provides a general, high-level overview of the compliance obligations of financial institutions engaged in trade finance.

Upon completion, you will have developed a general understanding of the regulatory background related to trade finance compliance, the financial crimes risks related to trade finance, and the “Risk-Based Approach” and how it relates to trade finance products.

Additionally, you will learn the relevant “Know Your Customer” requirements in relation to trade finance and how it relates to trade-based money laundering. Lastly, you will come to understand the implications of sanctions and embargoes on trade finance.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Regulatory Background
• Module 2 Financial Crimes Risk and the Risk-Based Approach
• Module 3 Know Your Customer (KYC) or Customer Due Diligence (CDD)
• Module 4 Trade-Based Money Laundering (TBML)
• Module 5 Sanctions, Embargoes and NPWMD
• Module 6 Transaction Review
• Module 7 Transaction Screening
• Module 8 Transaction Monitoring
• Module 9 Conclusion
• Module 10 Assessment
  

Price: €130,00

This introductory course provides a practical overview of the high-growth area of Supply Chain Finance (SCF)—an emerging proposition in the financing of international commerce which covers the majority of global trade flows.

Upon completion, you will be able to engage effectively and credibly with clients, recognize opportunities to propose SCF techniques as potential solutions to the needs of importers or exporters, and correctly describe the nature of SCF relative to traditional trade financing options such as documentary letters of credit.

You will also gain an appreciation for some of the emerging technologies and business models that will shape SCF in the coming years.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Global trade: Where does SCF fit in?
• Module 2 Understanding Supply Chain Finance
• Module 3 Benefits of Supply Chain Finance
• Module 4 Illustration: Payables/Supplier Finance (aka Buyer-Centric Programs)
• Module 5 Non-Bank Providers
• Module 6 Regulatory, Accounting and Reporting Considerations
• Module 7 Illustrations and Case Studies
• Module 8 Assessment
  

Price: €130,00

This introductory course provides a practical overview of global trade.

Upon completion you will have developed a good foundational understanding of the mechanisms, dynamics and key issues around international trade, commercial considerations in the pursuit of business across borders, and the linkages between trade, financing and international development.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Understanding International Trade
• Module 2 Market Selection, Entry and Development
• Module 3 PESTE Dimensions in Global Trade
• Module 4 Linking Trade, Banking and Finance
• Module 5 Financing as a Key Enabler of Trade
• Module 6 Payment, Financing, Risk Mitigation and Information Flow in Trade
• Module 7 Transaction Lifecycles, Cash flow and Working Capital
• Module 8 Legal Traditions, Jurisdictions and Dispute Resolution
• Module 9 Looking Ahead: Evolution of the Global Trade Environment
• Module 10 Assessment
  

Price: €130,00

This introductory course will provide a foundation of knowledge on risk distribution of trade finance assets and contingent liabilities, to enable your engagement with internal risk areas and to understand how this discipline will support your ability to meet client needs.

Upon completion, you will be able to contribute to structuring solutions incorporating risk distribution techniques and engage internally on the benefits of risk distribution, including:

• What drives risk distribution?
• Methods of risk distribution
• What are the benefits and challenges
• Financial, legal, regulatory and operational considerations
• Impact of—and adapting to—changing regulation
• Market trends and innovation
  

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Why distribute?
• Module 2 Forms of distribution
• Module 3 Relative comparisons
• Module 4 Important considerations
• Module 5 What’s new? Market trends and innovations
• Module 6 Assessment
  

Price: €130,00

This course provides an introduction to the Basel III rules on Capital Adequacy and explains how Credit Risk and Liquidity Risk is measured. Upon completion, you will have developed a good foundational understanding of:

The Standardised and IRB approaches to calculation of regulatory capital
The difference between Capital and Risk-weighted-assets (RWA)
Differences between Regulatory Capital and Economic Capital
Pricing of Trade Products from a Regulatory Capital and RWA perspective
The regulatory liquidity management framework
Pricing Trade Products from a Liquidity management framework perspective

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Standardised Approach (Qualifying Capital, Risk weighted assets (RWA)
• Module 2 The Internal Ratings Based (IRB) Approach
• Module 3 Calculation of Capital
• Module 4 Calculation of Risk Weighted Assets (RWAs)
• Module 5 Economic Capital (Differences between regulatory and economic capital risk parameters)
• Module 6 Liquidity and its Impact on Pricing
• Module 7 Pricing of Trade Finance Products
• Module 8 Assessment
  

Price: €130,00

This course provides a general overview of the practices and processes necessary to be an effective and productive trade finance sales person.

Upon completion, you will have a basic understanding of the key steps to identify, select and prioritize customers and sales opportunities within an assigned sales territory and how to prepare for and conduct a successful sales call.

Additionally, you will learn to deal with the particular complexities of selling and delivering trade finance and the importance of aligning internal sales partners and stakeholders to the customer opportunity and managing a deal team.

Most importantly, a case study will go over how a disciplined and structured sales process leads to optimal results.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Relationship Between Trade and Trade Finance
• Module 2 Organizational Framework for Trade Sales
• Module 3 Target markets
• Module 4 Sales structure
• Module 5 Sales territory or playing field
• Module 6 Trade Products offered by Institution
• Module 7 Trade Product Knowledge and Trade Sales
• Module 8 Territory management & Opportunity Identification
• Module 9 Deal Management
• Module 10 Retaining and growing the customer relationship
• Module 11 Assessment
  

Price: €130,00

This course will provide participants with essential knowledge of the process flow and industry practices involving Standby Letters of Credit. In this course you will gain an understanding of how the basic principles that apply to Documentary Credits of all kinds apply to Standbys as well as the ways in which Standbys differ from other types of Documentary Credits. This course will close out with a look at how industry practices pertaining to Standbys differ from those pertaining to Demand Guarantees; and how these are reflected in the rules governing each.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 How Standby Letters of Credit Evolved from Documentary Credits
• Module 2 How Standby Letters of Credit Differ from Commercial Letters of Credit
• Module 3 Uses of Standby Letters of Credit
• Module 4 Standbys vs. Guarantees & Bonds
• Module 5 Using Standby L/Cs to Arrange Local Guarantees
• Module 6 Capital Adequacy (Solvency) Regulations and Letters of Credit
• Module 7 Tips, Tricks, and Facts regarding Standbys
• Module 8 Case Study
• Module 9 Assessment
  

Price: €130,00

This introductory course will provide practical suggestions to allow those in the legitimate financial industry to risk proof themselves against operational losses and reputational risk caused by fraud.

Upon completion, you will be familiar with common fraudulent schemes that exist in trade finance, including red flags and triggering events that warrant further investigation. You will be provided with strategies to manage fraud risk that include engaging key players when fraud hits, to managing communication and reporting. Best practices for limiting loss will be discussed. Most importantly, fraud prevention techniques will be introduced and explored.

Assessment

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Course structure

• Module 1 Hidden risk – Fraudulent Trade Based Schemes
• Module 2 Red Flags & Triggering Events
• Module 3 Risk Management – Engaging Key Players
• Module 4 Risk Management – Managing Communication & Reporting
• Module 5 Risk Management – Prevention
• Module 6 Case Study
• Module 7 Assessment
  

Price: €130,00

The Certified Trade Finance Professional (CTFP) is a unique programme providing up-to-the-minute training and certification on key trade finance products, techniques and compliance issues.

The CTFP is the first advanced-level trade finance programme aimed at product and relationship managers—as well as executives from management, credit,
legal and compliance functions.

Course structure
Comprising five core e-courses and four electives, the industry-validated syllabus was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. Each e-course has been tailor-made to develop the skills needed to sell, deliver and process global trade finance solutions.

Core modules

• Advanced Working Capital for Trade
• Advanced Documentary Credits
• Advanced Guarantees
• Advanced Supply Chain Finance
• Export Finance
  

Elective options (select four)

• Advanced Commodity Finance
• Advanced Standby Letters of Credit
• Digital Trade Finance and Fintechs
• Managing Trade Products
• Managing Trade Operations
• Managing Trade Sales
  

Assessment

After completing all learning modules, candidates take an exam based on the knowledge delivered through the CTFP’s five core courses. ICC Academy examinations are proctored “live” via the Internet. The passing grade is set at 70%. Candidates who pass the examination will be issued an accredited certificate for the programme and may use the “CTFP” designation—the new global standard for trade professionals.

Key features of the CTFP

• Industry-leading trade financing training
• Dynamic digital learning platform
• Multi-level modular training
• Each course is developed by an industry-leading professional
• Trackable learning progress at Bank level
• Study anywhere and anytime
• Exams: proctored “live” online
  

Exemptions for CDCS® and CDSG® holders

Holders of The London Institute of Banking & Finance’s Certificate for Documentary Credit Specialists (CDCS®) and/or Certificate for Specialists in Demand Guarantees and (CDSG®) can access a core module pack using their credit exemptions at a special reduced rate. Professionals around the world can use this opportunity not only for career advancement but also to enhance international trade finance knowledge and master key aspects of products and services.

Price

The price for the full CTFP certification is €1300,00. This includes access to all five core e-courses and six electives, in addition to a one time attempt at the assessment examination. For individual courses, pricing begins at €180,00.

To learn more about this programme, please visit: icc.academy.

The Advanced Trade Finance Working Capital course will build on the basic understanding of the Asset Conversion Cycle (ACC) which has been introduced in the “Introduction to Trade Finance course” and will summarize in detail the Cash Flow and Working Capital cycle of commercial companies of any size to ensure that

all participants have the same basic understanding of the terminology which is widely used to describe the meaning and functions of Working Capital. The course will conclude with several case studies that will illustrate the applicability of the various Trade Finance instruments and how they impact corporate buying behaviour.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 What is Working Capital?
• Module 2 Factors Impacting Working Capital
• Module 3 Working Capital Definitions and Calculations
• Module 4 Impact of Trade Finance Instruments on Working Capital
• Module 5 Effective Working Capital Management
• Module 6 Case Study
  

Price:€180,00

This course provides a detailed review of Documentary Credits, from structuring and issuance to document verification to financing and settlement. The format of the course follows a typical transaction flow and seeks to highlight practical considerations related to the use of Documentary Credits in international trade.

Upon completion of the course you will have a solid, practical understanding of the transaction lifecycle of an L/C and will have acquired practical insights into the issuance, document verification and financing/settlement processes related to Documentary Credits.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%

Course structure

• Module 1 Review of Key Features and Transaction Flow
• Module 2 Structuring and Issuance of Documentary Credits
• Module 3 Document Verification
• Module 4 Discrepancy Management
• Module 5 Settlement and Financing
• Module 6 Confirmation of Letters of Credit
• Module 7 Special Features, Transferable and Back-to-Back L/Cs
• Module 8 Case Study
• Module 9 Assessment
  

Price: €180,00

Building on Introduction to Guarantees this course provides more important coaching on the issuance of guarantees, the use of counter guarantees and more complex transactions. Additionally, this course will take a much closer look at the

global standards, legal framework, and the proper application of Guarantees from all sides. This online course includes real-life details and a case study to assist the learner in gaining a better practical understanding of the use of Guarantees on a daily basis.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Structure of A Guarantee
• Module 2 Guarantees in International Trade
• Module 3 Jurisdiction and Rules
• Module 4 Amount and Currency
• Module 5 Lifecycle of a Guarantee
• Module 6 Assignment/Transfer
• Module 7 Demand
• Module 8 Misuse of Rights/Unfair Calling
  

Price: €180,00

In this lesson, individuals will gain an in-depth understanding of the key events in the physical supply chain and the trade cycle and learn to identify the parties involved in these events.

Additionally, you will gain the competence to analyse the financial consequences in terms of risk, funding, liquidity, payment flows, and be able to reach a balanced assessment of inherent

risks creating a shared understanding of needs and priorities between finance provider and client.

Finally, individuals will gain an understanding of the unmet and latent corporate needs not currently addressed by the current product set and the principle innovation developments currently in discussion amongst banks, non-bank financiers and technology service providers.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Understanding the physical supply chain (key events and parties involved) and identifying the financial consequences

• Module 2 Application of supply chain finance products
• Module 3 Key factors for successful implementation
• Module 4 Unmet and latent client needs
• Module 5 Innovation
• Module 6 Case Study
  

Price: €180,00

In 2014, the value of internationally traded goods and services reached 23.5USD Trillion – most of these represent significant investments for their buyers and often need to be financed with long-term credits. Additionally, buyers established in developing and less-developed countries (which represent 40% of the total imports) are frequently faced with significantly more difficulties to finance these transactions than in developed countries.

This is where export credits with official export credit agencies (ECAs) play a key role. Export credits contribute to the financing of new projects valued at 150USD Billion per year and a deeper understanding of these products is essential for anyone involved in international sales and/or their financing.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Financial tools used in an Export Contract
• Module 2 The roles of Export Finance, commercial loans and Multilateral Finance
• Module 3 Export Finance – The life of an Export Credit
• Module 4 Associated risks & Pro’s and Con’s for Exporters, Importers and Lenders & Trends
• Module 5 Commercial Loans and Multilateral Finance
• Module 6 Case Study
  

Price: €180,00

Conservatively, commodity trade represents around 25% of world trade, or around US$4.5 Trillion per year. Commodities regroup a vast array of raw materials which are at the root of most (if not all) of the manufactured products and food exchanged worldwide. These are the essentials of not just our lives, but the life of anyone around the world.

In this course, you will learn about the three types of commodities, their features, and the risks involved. Additionally, the course will cover how the major players and trading houses in this sector are shaping the supply chains and their respective roles Lastly, we will cover the function of commodities trading from a banker’s perspective, and look at the various tools and documents required.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Introduction to Commodity Markets Dynamics
• Module 2 The Main Players of the Commodity Supply Chain
• Module 3 Description and illustration of commodity supply chain’s risks
• Module 4 Trading Houses’ Strategies in Commodity Supply Chains
• Module 5 Commodity Financial Instruments and Their Role
• Module 6 Commodity Finance: As a Whole
• Module 7 Case Studies
• Module 8 Assessment
  

Price: €180,00

This Advanced Letters of Credit course will take an in-depth look at how standby letters of credit work, many of the purposes for which they can be used, the rules and regulations governing them, and problems that can arise around them.

Participants will learn why it is so important to word standbys properly and how to protect themselves against problems.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Competing Rules for Standbys
• Module 2 Laws Governing Standby Letters of Credit
• Module 3 Regulations Governing Standby Letters of Credit
• Module 4 Overview of the ISP
• Module 5 The ISP98 Model Forms
• Module 6 Dissecting a Standby L/C Application
• Module 7 Standby L/C Issues
• Module 8 Other Areas of Concern
• Module 9 Case Study

Price: €180,00

Digital Trade & Supply Chain Finance has evolved significantly over the past few years and has become an integral part of the life of all parties involved in the commercial contract settlement process. Many processes have been automated to facilitate the handling of physical supply chain (shipment of goods) and financial supply chain (trade instruments and trade documents) and are in daily use around the globe. The Digital Trade Finance course will provide you with an overview of the Digital Trade Finance/Digital Commerce world including the advent of Fintechs, the legal, regulatory & commercialisation challenges involved, and describe broad ranged trends and solutions that are available to support international trade.

The course will introduce the land of Fintech. Excitement and expectations are high for non-bank Fintech providers to replace banks by driving efficiencies across the supply chain which provides easy access to credit, therefore helping SMEs access capital. These online peer-to-peer lending platforms, invoice financing, working capital financing, non-bank Fintechs—from North America, Europe and Asia —continue to try to bring sustainable and scalable commercial propositions to market. These platforms are cumulatively financing tens of billion dollars of transactions while the traditional financing market continues to account for double digit multiples of trillions of dollars which bring us to the question—what is currently missing and how do these companies scale up?

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 The Digital Trade Ecosystems – Definition, Key Building Blocks, Key Stakeholders, institutions, Legal and Regulatory Systems
• Module 2 Digitised Risk Mitigation in the Open Account Space: Bank Payment Obligation (BPO)
• Module 3 Bank Agnostic Multi-bank Platform – MT 798
• Module 4 End to End Electronic Presentations of Documentary Trade Finance
• Module 5 Digitisation of the Financial Supply Chain and Trade Finance
• Module 6 The Fintech Ecosystem
• Module 7 Emerging Technologies
• Module 8 Assessment
  

Price: €180,00

This course provides a detailed overview of:

• a bank manager’s role and responsibilities in handling trade finance products;
• a bank’s key functions in managing trade products on an on-going basis and how
  they support the enhancement and/or development of new products;

• a trade product manager’s working model to enhance and/or develop trade products;
• management philosophies to build a trade product management team
  

Assessment

This e-Learning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination, if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure:

• Module 1 Introduction
• Module 2 Organisational Functions
• Module 3 Working Model to Develop New Products
• Module 4 Management Philosophies
  

Price: €180,00

Managing Trade Operations will provide intermediate level bank officers with an overview of the key responsibilities of Trade Operations management. It will describe the range of skills required for long term success in the position,

covering Production Management of the day to day transactions, Process Management to ensure continued improvement & efficiency of the operational processes, leading to reduced costs or greater transactional throughput.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Production Management Overview
• Module 2 Process Management Overview
• Module 3 Implementation
• Module 4 Risk and Fraud Management
• Module 5 Human Resources – Skills and Motivation
• Module 6 Customer Service – Logistics and Support
• Module 7 Case Study
  

Price: €180,00

This course will help you gain an understanding of how to align your sales organization and staffing model to your bank’s business strategy, target customer markets and sales coverage process. You will also cover best practices in trade finance revenue attribution and the complexities of measuring sales performance

and customer revenue contribution with special attention to key considerations and strategies for customer selection, growth and retention. Additionally, this course will explain how to establish a sales process and develop metrics and objectives consistent with your desired business results and the necessary elements of developing and training a successful sales team.

Assessment

This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.

Course structure

• Module 1 Organising and Staffing Trade Sales
• Module 2 Revenue Recognition & Reporting
• Module 3 Customer selection, acquisition, growth and retention
• Module 4 Sales Process and Metrics
• Module 5 Building a successful sales team
• Module 6 Case Study
  

Price: €180,00

This introductory course provides a practical overview of the first type of trade financing instrument based on shipping documents and bank intermediation. In the trade world this operation is also known as “Collection”.

In this course, you will learn how to describe the two types of Documentary Collections, portray the cycle in its entirety, and understand the role and perspective of a Relationship Manager in this cycle. Additionally, you will obtain a clear insight into the risks and documents involved in a Documentary Collection.

Core modules

• Module 1 What is a Documentary Collection?
• Module 2 How does a Documentary Collection work?
• Module 3 What are the various documents that can be called for under a Documentary Collection?
• Module 4 International Chamber of Commerce (“ICC”)
• Module 5 Value of the Documentary Collection to exporters and importers
• Module 6 Comparison of the use of Acceptance Terms versus Sight
• Module 7 The bank’s roles and obligations
• Module 8 Financing the Documentary Collection
• Module 9 The Documentary Collection – the RM’s perspective
• Module 10 Trade Operations / Legal & Compliance
  

Assessment 

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Price: €130,00

A complete online training in URC 522 and collections procedures 

A 3-hour trade finance training providing in-depth knowledge of collections processes and ICC’s Uniform Rules for Collections, URC 522. This course includes three practical case studies and access to a comprehensive library of Documentary Collections materials.

Course content

• What is a Collection?
• The parties involved
• The collection cycle
• Completing a Collection Instruction
• Making decisions based on URC 522
• Leading a collections workshop
  

Assessment
40 randomly selected questions that cover the URC 522 and collections procedures. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Bankers, practitioners, trade finance professionals and anyone involved in international commercial trade.

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee

Advanced-level training in documentary credits for experienced practitioners

A 12-hour online training written by Gary Collyer, Technical Adviser to the ICC Banking Commission, and Chair of the UCP 600 Drafting Group. This course has been specially designed for experienced documentary credit professionals wanting to enhance their knowledge and skills.

Course content

• Workability of terms and conditions of DC
• The correct issuance of refusal notices
• Silent confirmation
• Advance payment credits
• Assignments of proceeds
• Exclusions and modifications
• Partial drawing or shipments
• Transferable credits
• Back-to-back credits
• Revolving and Reinstatement credits
  

Assement

40 randomly selected questions covering UCP 600 and international standard banking practice. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Traders, lawyers, transporters, academics and anyone dealing with letter of credits worldwide

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee

Credits
12 PDUs: towards recertification for the Certified Documentary Credit Specialist (CDCS) accreditation.

An online training on the rules governing the operation of the Standby Letters of Credit and independent undertaking

A 12-hour online course to build proficiency in the use of ISP98, written by Professor James Byrne of the Institute of International Banking Law & Practice and Gary Collyer, Technical Adviser to the ICC Banking Commission, and Chair of the UCP 600 Drafting Group.

Course content

• The use of assurance in commercial arrangements
• The function of dependent and independent undertakings
• The role of the parties in standby credits
• Scope of the rules
• Transfer and assignment
• Obligations of the parties
• Cancellation of a standby
• Presentation
• Reimbursement obligations
• Examination
• Expiry
• Disposal of documents – Syndication/participation
  

Assessment
40 randomly selected questions to test your knowledge of standby credit practice and ISP98. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Bankers, merchants, rating agencies, corporate treasurers, credit managers, government officials, banking regulators and LC practitioners.

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee

Credits
12 PDUs: towards recertification for the Certified Documentary Credit Specialist (CDCS) accreditation.

A 12-hour online course to enhance the knowledge and skills of documentary credit professionals. Written by Gary Collyer, Senior Technical Adviser to the ICC Banking Commission, this course  includes expert commentary on the ISBP related UCP 600 articles, sample document extracts and ICC Opinions that help to provide context/reasoning on an ISBP provision.

Course content

• Multimodal or combined transport document
• Bill of lading transport document
• Non-negotiable sea waybill transport document
• Charter party bill of lading transport document
• Air Transport document
• Road, Rail or Inland Waterway transport documents
• Drafts and calculation of maturity date
• Invoices
• Insurance documents and coverage
• Certificate of Origin, Packing List, Weight List, Beneficiary’s Certificate, Inspection (Analysis)
  

Assessment
40 randomly selected questions that cover the key aspects of the ISBP. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Trade finance professionals, international bankers, Letter of Credit experts and lawyers

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee

A 12-hour online training providing a firm foundation in the understanding of the function and operation of letters of credit and their risks. You will examine each document that can be presented under letters of credit and apply UCP 600 in practice thanks to the course’s interactive case studies.

Course content

• The process and considerations involved in a typical Letters of Credit cycle
• Content, terms and conditions of Letter of Credits
• Role and responsibilities of the parties
• Types of payments
• The documents:commercial invoice, bill of lading, sea waybill, charter-party bill of lading, combined transport document, air waybill, insurance documents, courier and post receipts,  road, rail and inland waterway transport documents, other documents (as per sub-article 14(f))
• Completing a Letter of Credit
• Beneficiary review of a Letter of Credit for workability
• Document checking from the perspective of an issuing bank and nominated bank
  

Assessment
40 randomly selected questions to test your understanding of Letters of Credit and UCP 600. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Bankers, lawyers and trade practitioners

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee

Credits
12 PDUs: towards recertification for the Certified Documentary Credit Specialist (CDCS) accreditation.

Essential training on URDG 758, the rules governing the operation of demand guarantees

A 12-hour online course providing a firm foundation in the operation of demand guarantees and counter-guarantees. This course outlines the scope of application of the URDG 758 rules, examining URDG 758 article by article and provides interactive case studies covering key aspects explained during the course.

Course content

• Amendments to demand guarantees
• Article 15 ‘Requirements for demand’
• Expiry provisions
• Governing law and jurisdiction provisions
• Counter-guarantees
• Force Majeure
• Examination
• Treatment of non-documentary conditions
  

Assessment
40 randomly selected questions that cover the demand guarantees and URDG 758. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Bankers, traders, practicing lawyers and everyone dealing with demand guarantees.

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee

Credits
12 PDUs: towards recertification for the Certified Documentary Credit Specialist (CDCS) accreditation.

A 4-hour online course to develop an understanding of how the new BPO Rules operate in practice, from basic concepts to a detailed analysis. In addition to the definitions and terminology associated with the URBPO, this training will also teach you everything you need to know about the URBPO messaging structures.

Course content

• What is a BPO and how does it work?
• What are the parties to a BPO?
• What is the scope and application of the URBPO?
• Establishing a Baseline
• Data Set Submission
• Taking advantage of a BPO
  

Assessment
40 randomly selected questions covering the Bank Payment Obligations rules. On completion you will receive an ICC Certificate of Achievement detailing your personal results.

Target audience
Bankers, lawyers and anyone involved in trading international

Price: €300/trainee

10-49 trainees: €250/trainee

50+ trainees: €200/trainee