DABF – International Trade

This comprehensive course provides an in-depth understanding of international trade, emphasizing its critical role in the banking and financial sector. It covers the theoretical and practical aspects of global trade, including international trade theories, policies, and agreements.

The course focuses on key banking-related topics such as:

• Trade Financing: Understanding the various methods of financing trade, including pre-shipment and post-shipment finance.
• Letters of Credit: A detailed exploration of their types, uses, and roles in mitigating trade risks.
• Foreign Exchange Management: Analyzing exchange rate mechanisms, currency risk, and hedging strategies.
• Documentary Collections and Guarantees: Insight into the handling of trade documents and guarantees in international transactions.

Students will learn about the roles of global trade organizations, such as the WTO, IMF, and World Bank, in facilitating trade and addressing trade disputes. Special attention is given to risk assessment and management in trade finance, compliance with international trade laws, and the regulatory frameworks that guide cross-border trade activities.

This course is specifically designed for banking professionals, equipping them with the knowledge and practical skills needed to handle international trade operations efficiently. By the end of the course, students will be adept at managing trade transactions, understanding global market dynamics, and contributing to the success of trade-related banking services.