This course is provided in partnership with MICE Global of Singapore whose trainers are highly experienced experts in their field.
This is an intensive 2-day primer on International Trade Finance, tailored for professionals in shipping and maritime companies who need to gain a closer understanding of all aspects of the financing of international trade.
Just as the shipping industry is vital to the facilitation of international trade by ensuring that goods and commodities are transported in the most effective and safe manner and are delivered at the right time and place, the financial aspects of the transaction are equally important.
Trade finance ensures that vital aspect of international trade including payments, are made in strict accordance with the sellers and the buyers wishes and contractual obligations.
Through its various mechanisms and international conventions, trade finance offers protections and certainties to sellers, exporters, purchasers and importers that the ordered goods will be delivered, and that the contracted price will be paid. Additionally, trade finance offers a range of financial tools that solves or alleviates the perpetual trade problem of insufficient working capital.