Trade Finance, Letters of Credit & Bank Guarantees Course Event, 14.Jul.2025

Course Description

This comprehensive 5-day course provides in-depth knowledge of trade finance instruments, letter of credit operations, and bank guarantees. Participants will gain practical skills in managing international trade transactions, mitigating risks, and ensuring compliance with global standards. The course covers key aspects of trade finance, from basic concepts to advanced techniques used by financial institutions and corporations.

Learning Objectives

• Understand the fundamentals of trade finance and its role in international commerce
• Master the intricacies of letters of credit and their application in trade transactions
• Gain proficiency in handling bank guarantees and standby letters of credit
• Learn risk assessment and mitigation strategies in trade finance operations
• Develop skills in structuring and negotiating trade finance deals
• Understand compliance requirements and best practices in international trade

Course Modules

Day 1: Introduction to Trade Finance

• Overview of international trade and finance
• Types of trade finance instruments
• Role of banks in trade finance
• Risk assessment in international trade

Day 2: Letters of Credit - Fundamentals

• Structure and parties involved in LC transactions
• Types of LCs and their applications
• LC issuance and advising process
• UCP 600 rules and regulations

Day 3: Letters of Credit - Advanced Topics

• Document examination and discrepancy handling
• Amendments and transfers in LCs
• Financing options with LCs
• Case studies and practical exercises

Day 4: Bank Guarantees and Standby LCs

• Types and uses of bank guarantees
• Standby letters of credit vs. bank guarantees
• URDG 758 and ISP98 rules
• Risk management in guarantee operations

Day 5: Trade Finance Strategy and Compliance

• Structuring trade finance deals
• Negotiation techniques in trade finance
• Compliance and anti-money laundering in trade finance
• Future trends and digital innovations in trade finance

Practical Wins for Participants

• Ability to structure and execute complex trade finance transactions
• Enhanced skills in risk assessment and mitigation in international trade
• Improved negotiation capabilities for trade finance deals
• Up-to-date knowledge of compliance requirements and best practices in trade finance