Business Analyst Training with Trade Finance Domain
This Business Analyst training with trade finance domain is a hands-on course to help you become an IT business analyst. It will help you earn IIBA ECBA Certification as well as lay strong foundation for trade finance processes.
Duration: 30hrs
Course Content:
Trade Finance Basics
Overview of Trade Finance
• Introduction to International Trade Finance
• Stakeholder in International Trade Finance
• Components of Trade
• Modes of Payment in International Trade
• Stakeholder in International Trade Finance
• Components of Trade
• Modes of Payment in International Trade
- o Clean payments
- o Documentary Collection
- o Documentary Credit
- o Product risks, Commercial risks (purchaser risks), Political risks, Currency risks and Financial risks
Type of Trade Finance
• Pre-shipment Trade Finance
• Post-shipment Trade Finance
• Forfaiting
• Factoring
• Bank Guarantees
• Domestic Trade Finance
• Post-shipment Trade Finance
• Forfaiting
• Factoring
• Bank Guarantees
• Domestic Trade Finance
Trade Finance Products
• Documentary Collection
• Letter of Credit
• Guarantees and Counter Guarantees
• Syndication
• Bill Discounting
• Supply Chain Financing
• Letter of Credit
• Guarantees and Counter Guarantees
• Syndication
• Bill Discounting
• Supply Chain Financing
Lifecycle of Trade Finance Products
• Trade Initiation, Execution and booking
• Trade Issuance and Confirmation
• Post booking
• Settlement
• Managing Changes during lifetime
• Reporting during lifetime
• Maturity or Closure of Trade
• Trade Issuance and Confirmation
• Post booking
• Settlement
• Managing Changes during lifetime
• Reporting during lifetime
• Maturity or Closure of Trade
Trade Documentation
• Significance of documentation
• Classification of documents
• Classification of documents
- o Contracts :
- o Commercial: the invoice and packing list.
- o Transport: air waybill, bill of lading, sea waybill. CMR document, rail waybill, dock receipt, mate´s receipt, forwarder´s receipt, etc.
- o Legal: documents that satisfy a governmental requirement, such as certificates of origin, export declarations, import licenses
- o Insurance: insurance policy and insurance certificate.
- o Banking: letters of credit, drafts, collection letters of instruction.
SWIFT messages in Trade Finance
• Message categories used in Trade Finance
• Different model of corporate connectivity
- o Overview of MT7XX
- o Explain message flow in Trade
- o Explore few message types
• Different model of corporate connectivity
- o SCORE vrs MA-CU
- o Benefit to Corporate
International Commercial Terms - INCOTERMS
• International Trade Policy Framework
• International Chamber of Commerce
• Relevance of INCOTERMS
• Standardized INCOTERMS
• International Chamber of Commerce
• Relevance of INCOTERMS
• Standardized INCOTERMS
International Trade Finance Guidelines
• Negotiable Instruments Act
• FEMA
• EXIM Policy
• FEMA
• EXIM Policy
Regulations and Compliance
• Fraud Prevention and Anti Money Laundering
• Embargoes and Sanctions
• Client Onboarding
• Embargoes and Sanctions
• Client Onboarding
