Considering the national objective of a USD 5 trillion economy by 2025, Indian banks need to mobilize their manpower to provide Trade Finance on a much higher plateau than at present in order to bridge the demand supply gap. The fact that majority of the work force has less than five years of experience or left over service, banks are experiencing huge knowledge gaps. Considering FEMA’s ever-changing scenario as well as other compliance concerns, desk officers should be capable of delivering the desired results to all stakeholders. In this direction, SIFL is providing a platform for training and improving the skill sets of bank employees.
Benefits of the Programme:
Increased expertise to the sales & desk officers after completion of the training in this specialized field of Trade Finance
Helps increase the Bank's market share in the highly lucrative Foreign Trade Finance business, combined with global exposure.
The program describes various compliance related issues that need to be addressed.
Develops trade finance teams that can tap into large volumes of business in Trade Finance, Transaction Banking, and Foreign Exchange with the upcoming proposal of full convertibility of INR.
Who Should attend?
All Trade Finance & Transaction banking Sales Team
Treasury Front Office, Back Office & Middle Office Teams
Treasury Sales Teams
Audit, Inspection & Trade Finance Compliance teams
Course deliverables:
Registration to SIFL Learning Platform
Course study material prepared by experts( Both print & soft copy)
Pre Training Assessment
Case Studies on Trade Finance with special reference to latest guidelines
Post Training Test
SIFL Certification upon completion of training program
Customised Training:
Our training programs may be customized to meet the specific training and development solutions that match the needs of any organization and teams. Training courses can be delivered onsite, online or through a blended learning approach.
RBI Regulations related to RBI & Appraisal, Analysis & Monitoring of Export related Finance.
Reporting to RBI related to Exports
RBI Regulations related to Imports. Appraisal, Analysis and Monitoring of Import Finance.
Reporting to RBI related to Imports
Understanding Documentary Credits with types of DCs, establishment of DC, Negotiation under DCs. Uniform Customs & Practices for Documentary Credits (UCPDC) ICC Publication 600. Uniform Rules for Reimbursement.