Mon, Dec 02, 2019, 09:30 AM - Tue, Dec 03, 2019, 05:30 PM
https://www.care-trainings.com/training-programs/index
Working Capital is generally referred to as the capital required to support day to day operations of a company. Sometimes firms are forced to restrict their operations due to their inability to meet short-term financial obligations. Therefore, it is critical that a firm manages its working capital well. Organisations may have invested heavily in fixed assets but may still struggle to meet the operating expenses on a day to day basis in absence of sufficient working capital funds.
Target Audience: Corporate Executives and Bankers dealing in Imports and Exports.
Course Objective: To accustom participants with Trade Finance and its importance in domestic and foreign trade.
Day 1: The Importance of Foreign Trade
Settlement Methods in International Trade
Incoterms 2010 – the 11 terms explained
LC Mechanism – Parties involved - Issue and utilisation –
- Advantages and disadvantages for exporters and importers – Costs associated with LCs
Different Types of Letters of Credit explained
Bank Guarantees – Different Types explained
Documents used in International Trade explained
Overview of UCP 600 and ISBP 745 -operations of and LC
Collection Documents – URC 522
Day 2:
LC Opening process in the bank – checklist for Exporters and importers
SWIFT formats used by banks in LCs
Consequences of discrepant documents
Dispute Resolution Mechanism for issues relating to LCs
Bills directly received and sent by exporters
Funding options available for exporters – Reshipment Finance
Funding options continued……Post shipment finance in Rs. and in Foreign Currencies
FEMA on Finance to Manufacture Exporters and Project Exporters from banks
Buyers’ Credit and Sellers’ Credit
Factoring and Forfeiting
Hedging exposure to foreign exchange – an Introduction
Effect of Trade transactions on the borrowers’ other accounts
Role of Technology in Trade
Initiation of transactions by Corporates
STP facilities for inward remittances
Generation of MT103, MT700, MT707 etc., by customer
Blockchain – Role and status
Sat 15-Oct-2016
Thu 30-Dec-2021