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The course provides a comprehensive foundation for understanding all aspects of International Trade Finance in a global context, covering the key principles, concepts, infrastructures, practices, issues, and current developments.

Although the full course is divided into four parts, which together form a complete picture of international trade, its various instruments, its operations and its financing, each part may be studied as a stand-alone unit.

Part 2 of the course covers:

  • The key concern in International Trade in providing a safe conduit for the transfer of ownership of the shipment in return for payment.
  • A comprehensive examination of the different payment Instruments that may be used to settle International Trade transactions, including the process, the advantages/disadvantages and the risks attached to each.

This course will be of especial interest to banking, business, and import/export professionals who wish to expand their knowledge base as well as enhance their expertise and advance their careers in or gain a deeper understanding of the international trade finance arena.

Learning Objectives

  • Discover the how international trade finance payment instruments work.
  • Identify the advantages and disadvantages of the different international trade finance payment instruments.
  • Discover the various parties and their roles in the international trade finance payments arena.
  • Explore the risks inherent in the different payment instruments used in international trade finance.

1 Review (2 ratings)Reviews

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good information and detail of different major payment types and bank involvement

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course but it is recommended you take Part 1 before completing this course. 

 

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  1:55Introduction to International Trade - Part 2 - Payment Instruments
Payment Instruments
  9:39Underlying Problems of International Trade
  1:54Payment Mechanism Choices
  6:46Payment Mechanism Choices - Open Account
  6:21Payment Mechanism Choices - Cash in Advance
  12:35Payment Mechanism Choices - Documentary Collections
  11:39Payment Mechanism Choices - Documentary Credits - Part 1
  14:59Payment Mechanism Choices - Documentary Credits - Part 2
CONCLUSION
  2:50Course Wrap-Up
CONTINUOUS PLAY
  1:08:38International Trade - Part 2 - Payment Instruments
SUPPORTING MATERIALS
  PDFSlides: International Trade - Part 2 - Payment Instruments
  PDFInternational Trade - Part 2 - Payment Instruments Glossary/Index
  PDFPayment Instrument Examples
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM