Course Objective:-
- Introducing the participants to the business of the Commercial Services Department (credits – letters of guarantee – bills of collection – remittances)
- Raise the participant’s capabilities in a currency with the Commercial Services Department and qualifies for professional advancement
Course Thread:-
- Bills of collection and bank transfers
- Bank transfers and checks
- Outward remittances
- Incoming remittances
- Bank checks
- Bills of collection
- Types of bills of collection
- Collection policy documents
- Parties to the collection policy
- Local and foreign letters of guarantee
- Types of bank guarantees
- Local bank guarantees operations
- External bank guarantees operations
- Documentary Credits
- The life cycle of a documentary credit
- Parties to the documentary credit
- Types of Documentary Credits
- Amending documentary credits
- Terms and conditions of documentary credits
Target group :-
- Managers of appropriations, external letters of guarantee, remittances and their employees
- Managers of international departments and their employees
- Trade Finance Managers and their employees
- Operations managers and their employees
- SWIFT managers and their employees
- Parties related to financial and banking work
- Employees of commercial and industrial companies working in the field of import and export.