Courses: Finance of International Trade

This course covers all aspects related to financing an export transaction and obtaining payment.

Students will examine how to receive and effect payment for international contracts of sale. The selection of the most suitable method of payment is a key factor of a successful export sale and these are examined in detail from advance payment and documentary collections through to documentary credits. Currency management is also examined and the most common export finance arrangements from factoring and invoice discounting through to forfaiting. Bonds and guarantees and export credit insurance complete the content of this course.

Learning Units in this course:

• Methods of Payment
• Letters of Credit
• International Trade Finance
• Bonds and Guarantees
• Documentary Collections
• Forfaiting
• Import Letters of Credit
• Export Credit Insurance