Course Overview
This programme is designed to provide participants with a comprehensive and systematic understanding of international trade operations and trade finance instruments. It places strong emphasis on the practical application of import and export procedures, risk management strategies, and key payment mechanisms, including Letters of Credit, Documentary Collections, Open Account transactions, and Advance Payments. The programme also integrates theoretical knowledge with practical case studies to enhance real-world workplace application.
Course Objectives
Upon completion of this programme, participants will be able to:
- Demonstrate a comprehensive understanding of the end-to-end international trade process
- Apply appropriate procedures in managing import and export transactions
- Evaluate and select suitable trade payment methods based on risk, cost, and business context
- Analyse and implement effective strategies to mitigate risks associated with international trade activities
Learning Outcomes
At the end of the training, participants will be able to:
- Explain the key stages and stakeholders involved in international trade transactions
- Apply appropriate import and export documentation procedures in practical situations
- Distinguish between various trade payment methods and evaluate their suitability
- Assess trade-related risks and propose effective mitigation strategies
- Demonstrate understanding of trade finance instruments through case-based applications
Target Audience
This programme is designed for:
- Import and export executives
- Finance and accounting professionals
- Entrepreneurs and SME owners
- Individuals involved in trade operations and logistics
Programme Duration & Training Hours
- Duration: 2 Days
- Total Training Hours: 14 Hours
- Day 1: 7 hours
- Day 2: 7 hours
Training Methodology
This programme adopts a blended, outcome-based learning approach, incorporating:
- Interactive lectures to build conceptual understanding
- Case study discussions to facilitate practical application of knowledge
- Group-based activities to encourage collaborative learning
- Practical exercises and simulations to enhance skill development
- Analysis of real-life documents to ensure workplace relevance
Course Content
Day 1: International Trade Fundamentals (7 Hours)
- Introduction to international trade and trade flow
- Import and export procedures
- Incoterms and risk allocation
- Overview of trade payment methods
Day 2: Trade Finance & Payment Instruments (7 Hours)
- Advance payment and open account transactions
- Documentary collections (D/P, D/A)
- Letters of Credit (L/C): structure and process
- L/C documentation and case study analysis
