FiNET | Financial Management Education & Training
+ (603) - 2116 5926
training@finetglobal.com
Facebook
Instagram
  • HOME
  • COURSES
    • GENERAL FINANCIAL INTELLIGENCE
    • ESSENTIAL SKILLS FOR BANKING
    • MANAGEMENT COMPETENCY
    • BUSINESS IMPROVEMENT
    • PERSONAL EMPOWERMENT
  • CALENDAR
  • REGISTER
  • APPLIED DIPLOMA SERIES
    • ANZI APPLIED DIPLOMA IN ACCOUNTING AND BUSINESS
  • GALLERY
    • Our Training Gallery
  • CONTACT
  • MORE ON ANZI

FA010 – INTERNATIONAL TRADE & LC DOCUMENTATION (TDOC)

Finance for Business ManagersAugust 21, 2020finetadmin

If you are involved or responsible in international trade – dealing with documents you need to complete to pay your suppliers from overseas or vice versa – to receive payment from your overseas customers, your tasks are not easy. The documents are complicated and not knowing some of the crucial terms can turn your import or export deals into loss. So much so, you want to be more careful, but do you know what to look out for? This 2 days programme can answer many questions that you pondered on, that will leave no stone unturned.

If you are an accountant or business manager with offshore business outlook, then this is important.

Subject Description
Objective This programme is designed to develop the skills and knowledge of importers in understanding the know-how, available documents and risk in trade documentations. Trade documentations can be the biggest hurdle especially when you are negotiating with overseas suppliers. Negotiations and uncertainties coupled with rejections from your bank, can delay your arrival date for your cargo.
Methodology Participative Presentations, Workshop Discussions, Questions & Answers, Self Reflections & Simulated Case Studies
Who should attend​ Officers and Executives involved in the negotiations, approvals and preparations of Trade Documentations
Duration  2 days
Code TDOC

Course Outline

Subject Description
Overview of International Trade
  • The Trade Exchange of the Parties
  • Key Risk issues to Parties
  • Risk Mitigation
  • Roles of Banks & Costs
International Trade Documentation
  • Letters of Credit & various features
  • Bills of Lading / Airways Bills
  • Other supporting documentation
  • Flow of Documentation & Control
Rules of Engagement
  • INCOTERMS
  • ICC
  • Other Rules
  • Sales Agreements
Documentary Collections & Documentary Credit
  • Definition
  • Applications
  • Risk of D/A & D/C
Case Studies
  • Flow of Documentation in Foreign Trade Transactions
  • Identification of Types of L/C & Documentations
  • Identification of Documentary Discrepancies & Errors
  • Application of INCOTERM & implications
  • Rules identification & mitigation of common trade transactions
  • Review of UCP 600 (Latest)

Our Services

  • GENERAL FINANCIAL INTELLIGENCE
  • ESSENTIAL SKILLS FOR BANKING
  • MANAGEMENT COMPETENCY
  • BUSINESS IMPROVEMENT
  • PERSONAL EMPOWERMENT

About FiNET

Financial skills are fundamental to business success. Financial skills are part of business competency today. These skills range from the basic ability to read and understand financial reports to budgeting and investment feasibility assessment to the ability to manage corporate cash flows and implementing cost control.

Quick Links

  • GENERAL FINANCIAL INTELLIGENCE
  • ESSENTIAL SKILLS FOR BANKING
  • MANAGEMENT COMPETENCY
  • BUSINESS IMPROVEMENT
  • PERSONAL EMPOWERMENT

Connect With Us

Finet Associates

Contact Info

Suite 33-01, 33rd Floor, Menara Keck Seng, 203 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia
+ (603) - 2116 5926
+ (603) - 4260 41992
training@finetglobal.com
©2019 All rights reserved. Finet Associates Sdn Bhd (215938-D)