Trade Finance for Lawyers

This one day seminar, aimed at lawyers and non-bankers, provides and insight into trade finance practices and related risks.

After attending the course, participants will be able to explain to their clients the benefits of using Incoterms, as well as detail the different methods of providing finance and their key characteristics.

Some of the topics covered include commercial & financial documents such as invoices, transport documents, insurance and bills of exchange. Participants will learn about the rules for collection, the International Standard Banking Practice (ISBP 681) and UCP 600. There will be discussions on the differences between letters of credit and standby letters, and you will also learn about the use of different types of letters of credit such as back to back and revolving and reinstatement credits.

They will also be able to assist with identifying and structuring the appropriate trade solutions for customers, assess various risks to both the bank and the client in international trade transactions and explain and identify ways of mitigating that risk.

This course can be delivered in-house to a team of people.

For further information about the course, trainer or to request a quote, please contact the center.