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Trade Finance

TRADE FINANCE CERTIFICATION

TRADE FINANCE CERTIFICATION

Enabling Your Vision

Enabling Your Vision

Trade Finance Certificate

The world trade had increased by 3 folds in the last two decades. Banks play an important role in financing trade.

There is an emerging need for specialists in the trade finance with proper understanding of the dynamics and risks in international trade with relevant skills and mastering the ICC rules in trade.

This qualification takes candidates up to the proper level needed to master this area.

The EIF International Certificate in Trade Finance is suitable for:

  • Trade Finance Specialist
  • Officers in Trade Finance & Credit Department
  • Corporate Relationship Managers
  • Internal Auditors

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

The certificate is delivered in two parts. Level 1 focusses on building up the principles of trade finance and Level 2 focusses on developing the competencies in dealing with multiple trade finance methods and rules.

 

 

 

 Level 1Level 2
Entry RequirementNoneSuccessfully Passed Level 1
Syllabus
  • Trade Finance Primer
  • Islamic Corporate Working Capital and Trade Products
  • Incoterms
  • Documentary Collections
  • Sustainable Trade Finance and Ethics
  • Bank Guarantees
  • Trade Finance Masterclass
  • Trade Finance Documents Examination (ISBP)
  • Supply Chain Finance
  • Trade based Financial Crimes
ExamOne-hour exam consisting of 30 multiple- choice questions. Passing percentage is 60%One-hour exam consisting of 30 multiple- choice questions. Passing percentage is 60%

 

 

A trade finance certification gives professionals the specific knowledge and abilities they need to facilitate cross-border trade transactions and manage the financial risks involved. People can assist importers, exporters, and financial institutions in carrying out trade-related activities by receiving thorough training that gives them a thorough understanding of trade finance instruments, goods, and procedures.

Certified trade Finance specialists are essential in promoting commerce since they offer cross-border enterprises funding, risk management, and documentation services. They are knowledgeable in trade finance products, including export credit insurance, trade finance loans, documentary collections, and letters of credit. They also know how to design trade finance programs that are specific to the needs of their customers.

Additionally, Trade Finance certification programs stress the significance of adhering to international trade laws and guidelines. In order to lower the risk of non-compliance and the fines that come with it, certified specialists are trained to make sure that trade finance transactions adhere to all applicable laws, regulations, and industry best practices.

Trade Finance certification emphasizes relationship management and communication abilities in addition to technical proficiency. In addition to learning how to successfully convey trade finance suggestions and solutions, certified professionals also learn how to establish and manage relationships with suppliers, customers, and other parties involved in international commerce.

All things considered, obtaining a trade finance certification equips professionals to handle the intricacies of global trade, reduce financial risk, and promote seamless and effective trade transactions. Certified professionals help global economic development and prosperity by utilizing their trade finance knowledge and abilities to grow and expand global commerce.

Become Certified in Trade Finance

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    Emirates Institute of Finance