COURSE OUTLINE 

Overview of International Trade 

  • Risks in international Trade
    • Financial Risk
    • Performance Risk
    • Political Risk
    • Commercial Risk
  • Bills of Lading, Airway Bills, Bills of Exchange

Open Account Trading 

  • Explanation of
  • Risks 

Documentary Collections 

  • How do they work
  • Documents against Acceptance (DA)
  • Documents against Payment (DP)
  • ICC URC 522 

Documentary Letters of Credit 

  • How do they work
  • Sight and Term Letters of Credit
  • Discounting a Letter of Credit
  • Confirmation of L/Cs/Silent Confirmations
  • Transferable L/Cs
  • Standby L/Cs
  • Usance L/Cs
  • Incoterms, ICC UCP 600
  • Specialised L/Cs: Back-to-back, Red Clause 

 

Bonds and Guarantees in Trade Finance 

  • Bid Bond/Advanced payment
  • Bond/Performance Bond
  • Bank Aval 

Specialized Products 

  • Export Credit Agencies (ECAs)
  • Pre-Export Financing
  • Forfaiting 

Introduction to the Foreign Exchange Market 

  • Spot and Forward Foreign Exchange contracts and currency swaps for Trade Finance 

 

Non-endorsement

By using a service provider to offer the courses, the JSE does not directly or indirectly endorse any product or service provided, or to be provided by the service provider.