TradeFinance Training - On Line Training Brochure Training - On... · ... Documentary Credits,...

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www.tradefinance.training A new era is emerging in the world of Trade Finance. Technology continues to transform the environment and reduce the need for paper. In such a world it is important to implement innovative training solutions. With the challenges faced today, it has never been more important to ensure that you are ready to face future change and complexity. Possession of key knowledge skills and a wide awareness of potential hurdles are critical in order to protect your business and mitigate risk. Gary Collyer (ex-HSBC / Citibank / ABN Amro) and David Meynell (ex-Deutsche Bank) have joined forces in order to bring to market an online training solution for all aspects of trade finance. Between us we have over 70 years of knowledge and experience in the trade finance field and this is being applied in the development of a complete suite of trade finance modules. These modules include all aspects of the traditional products i.e., Letters of Credit, Standby Letters of Credit, Guarantees and Documentary Collections, together with modules that focus on the international rules that support them. Other modules cover topics such as BPO, Supply Chain Finance, Financial Crime, Fraud and Sanctions, Financing, CDCS, CITF, Factoring, Islamic Trade, etc. For corporate and logistics companies, modules include the preparation of documents under the type of transactions described above, assessing the workability of letters of credit, guarantees and standby’s, as well as how to complete the respective application forms when acting as or for the applicant, or when preparing a draft text for issuance by a bank. The training experience includes an online presentation of the subject matter, supporting reading material (PDF files that may be viewed and downloaded) and an assessment. In addition, we offer (as standard) each student the ability to raise with us any questions on any subject matter for a period commencing on the date of the first access to the training and concluding three months after completion of the assessment. Due to the modular nature of the training, we are able to consider the development of bespoke modules to meet a bank’s needs. Training Online Collaborative Delivery Working in tandem with your training needs Highly focused Relevant and specific 60-90 minute modules updated as practices and rules develop Assessments Online tests and formal certification together with PDU’s Accessibility PC, iPad, etc. Reporting Assignment, start and finish dates, assessment score and pass / fail feedback with notifications sent by email to students and administrators Pricing Between £15 and £25 per module with discounts based on projected number of purchases

Transcript of TradeFinance Training - On Line Training Brochure Training - On... · ... Documentary Credits,...

Page 1: TradeFinance Training - On Line Training Brochure Training - On... · ... Documentary Credits, Document Preparation, CDCS® ... , Documentary Collections, Introduction to International

www.tradefinance.training

AneweraisemergingintheworldofTradeFinance.Technologycontinuestotransformtheenvironmentandreducetheneedforpaper.Insuchaworlditisimportanttoimplementinnovativetrainingsolutions.

Withthechallengesfacedtoday,ithasneverbeenmoreimportanttoensurethatyouarereadytofacefuturechangeandcomplexity.Possessionofkeyknowledgeskillsandawideawarenessofpotentialhurdlesarecriticalinordertoprotectyourbusinessandmitigaterisk.

GaryCollyer(ex-HSBC/Citibank/ABNAmro)andDavidMeynell(ex-DeutscheBank)havejoinedforcesinordertobringtomarketanonlinetrainingsolutionforallaspectsoftradefinance.Betweenuswehaveover70yearsofknowledgeandexperienceinthetradefinancefieldandthisisbeingappliedinthedevelopmentofacompletesuiteoftradefinancemodules.

Thesemodulesincludeallaspectsofthetraditionalproductsi.e.,LettersofCredit,StandbyLettersofCredit,GuaranteesandDocumentaryCollections,togetherwithmodulesthatfocusontheinternationalrulesthatsupportthem.

OthermodulescovertopicssuchasBPO,SupplyChainFinance,FinancialCrime,FraudandSanctions,Financing,CDCS,CITF,Factoring,IslamicTrade,etc.

Forcorporateandlogisticscompanies,modulesincludethepreparationofdocumentsunderthetypeoftransactionsdescribedabove,assessingtheworkabilityoflettersofcredit,guaranteesandstandby’s,aswellashowtocompletetherespectiveapplicationformswhenactingasorfortheapplicant,orwhenpreparingadrafttextforissuancebyabank.

Thetrainingexperienceincludesanonlinepresentationofthesubjectmatter,supportingreadingmaterial(PDFfilesthatmaybeviewedanddownloaded)andanassessment.Inaddition,weoffer(asstandard)eachstudenttheabilitytoraisewithusanyquestionsonanysubjectmatterforaperiodcommencingonthedateofthefirstaccesstothetrainingandconcludingthreemonthsaftercompletionoftheassessment.

Duetothemodularnatureofthetraining,weareabletoconsiderthedevelopmentofbespokemodulestomeetabank’sneeds.

TrainingOnline

CollaborativeDeliveryWorkingintandemwithyourtrainingneeds

Highlyfocused

Relevantandspecific60-90minutemodulesupdatedaspracticesandrulesdevelop

Assessments

OnlinetestsandformalcertificationtogetherwithPDU’s

Accessibility

PC,iPad,etc.

Reporting

Assignment,startandfinishdates,assessmentscoreandpass/failfeedbackwithnotificationssentbyemailtostudentsandadministrators

Pricing

Between£15and£25permodulewithdiscountsbasedonprojectednumberofpurchases

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OverviewofourOn-LineTrainingoffering:ModulesandAssessments:Themodulesarecreatedtobeof60-90minutedurationandmaybepurchasedsingularlyaccordingtoanindividual‘strainingneedsorfurthereducation.Theconceptofmoduleslasting60-90minutesisdesignedtoaccommodatetrainingona‘whenever’and‘wherever’basis.Whenever,beingbeforework,afterwork,lunchtime,etc.andwherever,beingtheabilitytoreviewthemodulesontabletssuchasaniPad,inadditiontolaptopsanddesktops.Traineesmaycommencethetrainingononedevice,saveandexitthemodule,andresumefromwheretheystoppedonthesameoranotherdevice.Asstandard,purchasedmodules,andaccesstootherfeaturesofthewebsite,willremainavailabletoeachtraineeforaperiodofthreemonthsfromthedateoftheirfirstreviewofamodule.Modulesareavailableunderthefollowingproductheadings:ISBP;BankPaymentObligation;FinancialCrime,FraudandSanctions;DocumentaryCredits,DocumentPreparation,CDCS®,CITF®,StandbyLettersofCredit,Bank-to-BankReimbursements,BankGuarantees,DocumentaryCollections,IntroductiontoInternationalTradeFinance,SupplyChainFinancing,Factoring,FraudIdentificationandPrevention.Wewillbecontinuallyupdatingthemodulesasappropriate;toensurethedatacontentremainscurrentandapplicable.Anassessmentmayonlybepurchasedwithatleastoneothermodulei.e.,assessmentscannotbepurchasedasastandalone.However,itshouldbenotedthatassessmentshavebeencreatedforeachsetofmodulesunderaproductheading.AssessmentProcess:Banksorindividualsmaychoose:(a)thenumberofattemptsthatatraineemaytakeatanassessment(defaultis3);(b)whetherthetraineemayleavetheexaminationandreturnlater;(c)tohavetheassessmentsubjecttoatimelimit;(d)thenumberofquestionsthatwillformtheassessment(thesewillbedrawnrandomlyfromadatabaseofquestions–seethedescriptionforeachtopicforthedefaultnumberofquestions);and/or(e)toindicateapassorfailmark.Wheremorethanoneattemptatanassessmentispermitted,thequestionsforeachsubsequentassessmentwillberandomlydrawn.Thereisalsofunctionalityforthepossibleanswerstobeshowninadifferentorder.APDFcertificatewillbeissuedtothetraineeorcentralcoordinatorbyemailindicatingtheirhighestscore(thiscanbeusedtosecurethePDU’sfromLIFB–seebelow).Anominatedindividualoftheemployerofthetraineecanbeadvisedoftherangeofscoresviaourreportingfunctionality.PDU’s-FortheISBPmodule,12PDU’shavebeenawardedbyLIFB.Fortheothermodules,2PDUeachwillapply.HomePage–Fromthispage,accessisprovidedtotheallocatedtrainingmodulesviathe“LogIn”tab.InformationonimportantnewsitemsandthereleaseofdocumentsbyglobalorganisationssuchasICCortrademagazinesisalsogiven.Itemsarearchivedbyeachmonthandremainavailableforreviewatalaterdate.

Thelatestquestionraisedbyatraineeappearsinthebottomrighthandcorner(butwithouttheanswer!).

Reportingandadministrationoftrainees:Thiscanbemanagedfromeachbank/organisation.Anidentifiedmoderatorwithinthebank/organisationwillhaveaccesstoacontrolpanelwherestaffmemberdetailscanbeadded,andmodulesandassessmentsassigned.Theindividualscoresforeachtraineesattemptatanassessmentcanbeviewedanddownloaded.Wewillissueacertificateshowingthehighestscorethatwasachieved.

QuestionandAnswersection-Thisisnotjustaweb-basedtrainingvehicle.Ourwebsitealsooffersinformation(seecommentsbelowretheTradeInformationtab)andtheopportunityfortraineestoaskquestionsonanytopic-notnecessarilythoserelatingtothemodule(s)thathavebeenpurchasedforthat

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trainee.Eachtraineealsohasthebenefitofseeingthequestionsthathavebeenraisedbyothertrainees.Allquestionsaredisplayedanonymously.Thissectionenablestraineestoreviewquestionsbycategoryi.e.,ISBP,orsub-categorywithinthatcategoryi.e.,thebillsofladingsection,andalsotoseeallquestionsthathavebeenreceivedandrespondedtowithintheprevious7days.Allquestionsandanswersaresearchablebykeyword.Whenatraineelogsaquestion,DavidMeynellorGaryCollyeransweritandanemailisautomaticallysenttothetraineewithalinktotheanswerthathasbeenposted.Byclickingthelink,andthetraineeinsertinghisorherusernameandpassword,thetraineewillbetakendirectlytothequestionandanswer.

TradeInformationtab-Thereisonetabunderthiscategoryinboththepublicandmemberdomain.Generaltradefinanceinformationisaddedhere.Theversioninthememberdomainismoreextensiveandprovidesfarmoredetail,samplesofdocuments,samplesofagreements,etc.

TrainingModules-Thistabhighlightsthemodulesthathavebeendevelopedandthoseunderdevelopment.

Othermodulesarealsopossible,includingbespokemodulesthatmayberequiredbyabank.

Pricing:Individualmodulesareavailableforbetween£10and£25each.Fordocumentpreparation,thecompletesetof10modulesisavailableforonly£25.Thesepricesaresubjecttodiscountsforsalesofover25,50and100modules.Salesinexcessof150modulesarenegotiableonpricing.Assessmentmodulesalsorangefrom£15-£25each,with£25onlyapplyingtotheassessmentsrelatingtoCDCS®andCITF®asthesewillmirrorthekindofexaminationprocessexperiencedwhentakingtheformalCDCS®andCITF®examinations.Again,discountedpricingisavailablebaseduponnumberofpurchases.TrainingModuledescriptionsinbrief:InternationalStandardBankingPractice(ISBP):12modulescoveringeachsectionoftheISBP(theotherdocumentsmodulecoverssectionsL,M,N,PandQofISBP745).BytheuseofextractsofMT700textandimagesofdocumentsorsegmentsofdocuments,thecontentandapplicationofISBPisfullyexplained.Theassessmentconsistsofarandomisedselectionofquestions(50isthedefaultnumber)drawnfromadatabaseofquestions.Individualmodules£25each–completeset£199–completesetwithassessment£219BankPaymentObligation(BPO):1modulecoveringBPOinpracticei.e.,whatitis,howitworks,whoaretheparties,whatarethemessageflowsandwhatdataismatched,togetherwithanoverviewoftheURBPOrules,article-by-article.Theassessmentconsistsofarandomisedselectionofquestions(30isthedefaultnumber)drawnfromadatabaseofquestions.Module£25–Modulewithassessment£45FinancialCrime,FraudandSanctions:Thismodulecontainsover2hoursofinformation,recommendationsandlinkstoresourcematerialtoassisttraineesinunderstandingthekeyrequirementsofthesubjectmatter.FinancialCrime,FraudandSanctionsarenowkeycriteriatobeconsideredinanytradefinancetransactionandaccountforaconsiderableamountoftimeandinternalresources.Thefinancialpenaltiesforfailuretoadheretoregulatoryrequirementsarenowbecomingverysevere.Theassessmentconsistsofarandomisedselectionofquestions(20isthedefaultnumber)drawnfromadatabaseofquestions.Completesetof4modules£25–Moduleswithassessment£45DocumentaryCredits:Thistopicconsistsof7modules,eachof60-90minutedurationreviewingvariousaspectsofthedocumentarycreditcycle–fromapplication,throughtoissuance,documentexaminationandhonourornegotiation.Thegroupingofvariousaspectsoftheprocessallowstraineesandbankstopurchasethemodulescoveringissuesofinterestorconcern.Otherbespokegroupings,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(50isthedefaultnumber)drawnfromadatabaseofquestions.Individualmodules£25each–completeset£140–completesetwithassessment£160CertifiedDocumentaryCreditSpecialist(CDCS®):Thistopicconsistsof10modules,eachof60-90minutedurationreviewingvariouschaptersoftheCDCS®GuidetoDocumentaryCredits5thedition.Thegroupingofchaptersallowstraineesandbankstopurchasethemodulescoveringspecificchaptersofinterestorconcern.Otherbespokegroupings,accordingtotheneedofanindividualarepossible.Theassessmentfollowsthe

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multiple-choiceexaminationformat.Individualmodules£10-25each–completeset£170–completesetwithassessment£195CertificateinInternationalTradeFinance(CITF®):Thistopicconsistsof4modules,eachof60-90minutedurationreviewingvariouschaptersoftheCITF®GuidetoInternationalTradeandFinancebooklet.Thegroupingofchaptersallowstraineesandbankstopurchasethemodulescoveringspecificchaptersofinterestorconcern.Otherbespokegroupings,accordingtotheneedofanindividualarepossible.TheassessmentfollowstheCITF®examinationformatandisintwopartswithmultiple-choicequestions,and4casestudieswithquestions.Individualmodules£15-25each–completeset£90–completesetwithassessment£115StandbyLettersofCredit:Thistopicconsistsof1moduleof60-90minuteduration.ItreviewsthevariousrulesofISP98andstandbypracticeingeneral,anddrawscomparisonsanddifferencesbetweenstandbylettersofcreditthatareissuedsubjecttoISP98andUCP600.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofISP98andstandbypracticeingeneral.Module£25–Modulewithassessment£45Bank-to-BankReimbursements:Thistopicconsistsof1moduleof60-90minuteduration.ItreviewstheURR725andreimbursementpracticeingeneral,anddrawscomparisonsanddifferencesbetweenreimbursementauthorisationsthatareissuedsubjecttoURR725andUCP600.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofURR725andreimbursementpracticeingeneral.Module£20–Modulewithassessment£35BankGuarantees:Thistopicconsistsof2modules,eachof60-90minuteduration.OneprovidesanoverviewofURDG758andtheotherlooksatguaranteepracticeingeneralanddrawscomparisonsanddifferencesbetweenguaranteesthatareissuedsubjecttoURDG758andthosesubjecttolocallaw.Sampletextsofguaranteesareusedtoexplaintheirfunctionandpurpose.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofURDG758andguaranteepracticeingeneral.2Modules£25–Moduleswithassessment£45DocumentaryCollections:Thistopicconsistsof2modulesof60-90minuteduration.OneprovidesanoverviewofURC522andtheotherlooksatcollectionpracticeingeneral.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofURC522andcollectionpracticeingeneral.2Modules£25–Moduleswithassessment£45SupplyChainFinancing:Thistopicconsistsof1moduleof60-90minuteduration.Itreviewsthevariousproductsthatcanmakeupasupplychainfinanceofferingmadeavailablebyabank,thatareinadditiontothemoretraditionalsettlementandfinancingmeans.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(15isthedefaultnumber)drawnfromadatabaseofquestionsandcoversaspectsofthetopicscovered.Module£25–Modulewithassessment£45

IntroductiontoInternationalTradeFinance:Thistopicconsistsof1moduleof60-90minuteduration.Itprovidesabasicintroductiontothetopicscoveredbyothermodules.Module£25

Factoring:Thistopicconsistsof1moduleof60-90minutesduration.Itprovidesanoverviewofdomesticandinternationalfactoring.Module£25–Modulewithassessment£45FraudIdentificationandPrevention:Thistopicconsistsofonemoduleof60-90minuteduration.Itlooksatthedifferenttypesoffraudthatareseenininternationaltrade,explainshowtoidentifyfraudulenttransactions,highlightsthetoolsthatareavailabletohelpbanksminimiselosses,andemphasisestheneedforthedevelopmentofinternalcontrolstocombatfraud.(Availabletobanksonly)Module£25

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IslamicBankingandTradeFinance:Thistopicconsistsoftwomodulesof60-90minutesduration.Thefirst,OverviewofIslamicBankinglooksatthehistoryofIslamicBankingandprovidesanoverviewofhowitworksanddefinitionsofthetermsthatarecommonlyseenanddiscussed.Thesecond,MurabahaFinancingandothercommonfinancingmethodslooksindetailatthemostcommonformoffinancingseenintradefinancei.e.,Murabahaandprovidesanoverviewoftheothermainfinancingmethods.Thefirstmoduleisavailableat£20andthesecond£25.Theassessmentispricedat£20.Toorderanymodule(s):SendanemailtoGaryCollyeratgary@tradefinance.trainingorDavidMeynellatdave@tradefinance.trainingwithdetailsofyourrequirements.