Mohammed Fuad Mohammed Sharif AlHadi
This certificate is developed by the Emirates Institute of Finance and accredited by the Chartered Banker Institute.
World trade had increased threefold in the last two decades. Banks play an important role in financing trade.
There is an emerging need for specialists in trade finance, with proper understanding of the dynamics and risks in international trade, and with relevant skills and mastery of the ICC rules in trade.
After completion of the certification, the learner should be able to:
Understand the fundamental principles of trade finance, parties involved and their roles in trade finance.
Understand the INCO terms, dealing with responsibilities of buyers and sellers for the delivery of goods under sales contracts for international trade.
Determine how the practices articulated in UCP 600 are applied by documentary practitioners.
Understand Bank Guarantees and Standby Letters of Credit and its legal frameworks.
Understand the various parties in the supply chain and the products offered to the clients.
Analyze trade based money laundering and other financial crimes