www.tradefinance.training

AneweraisemergingintheworldofTradeFinance.Technologycontinuestotransformtheenvironmentandreducetheneedforpaper.Insuchaworlditisimportanttoimplementinnovativetrainingsolutions.

Withthechallengesfacedtoday,ithasneverbeenmoreimportanttoensurethatyouarereadytofacefuturechangeandcomplexity.Possessionofkeyknowledgeskillsandawideawarenessofpotentialhurdlesarecriticalinordertoprotectyourbusinessandmitigaterisk.

GaryCollyer(ex-HSBC/Citibank/ABNAmro)andDavidMeynell(ex-DeutscheBank)havejoinedforcesinordertobringtomarketanonlinetrainingsolutionforallaspectsoftradefinance.Betweenuswehaveover70yearsofknowledgeandexperienceinthetradefinancefieldandthisisbeingappliedinthedevelopmentofacompletesuiteoftradefinancemodules.

Thesemodulesincludeallaspectsofthetraditionalproductsi.e.,LettersofCredit,StandbyLettersofCredit,GuaranteesandDocumentaryCollections,togetherwithmodulesthatfocusontheinternationalrulesthatsupportthem.

OthermodulescovertopicssuchasBPO,SupplyChainFinance,FinancialCrime,FraudandSanctions,Financing,CDCS,CITF,Factoring,IslamicTrade,etc.

Forcorporateandlogisticscompanies,modulesincludethepreparationofdocumentsunderthetypeoftransactionsdescribedabove,assessingtheworkabilityoflettersofcredit,guaranteesandstandby’s,aswellashowtocompletetherespectiveapplicationformswhenactingasorfortheapplicant,orwhenpreparingadrafttextforissuancebyabank.

Thetrainingexperienceincludesanonlinepresentationofthesubjectmatter,supportingreadingmaterial(PDFfilesthatmaybeviewedanddownloaded)andanassessment.Inaddition,weoffer(asstandard)eachstudenttheabilitytoraisewithusanyquestionsonanysubjectmatterforaperiodcommencingonthedateofthefirstaccesstothetrainingandconcludingthreemonthsaftercompletionoftheassessment.

Duetothemodularnatureofthetraining,weareabletoconsiderthedevelopmentofbespokemodulestomeetabank’sneeds.

TrainingOnline

CollaborativeDeliveryWorkingintandemwithyourtrainingneeds

Highlyfocused

Relevantandspecific60-90minutemodulesupdatedaspracticesandrulesdevelop

Assessments

OnlinetestsandformalcertificationtogetherwithPDU’s

Accessibility

PC,iPad,etc.

Reporting

Assignment,startandfinishdates,assessmentscoreandpass/failfeedbackwithnotificationssentbyemailtostudentsandadministrators

Pricing

Between£15and£25permodulewithdiscountsbasedonprojectednumberofpurchases

OverviewofourOn-LineTrainingoffering:ModulesandAssessments:Themodulesarecreatedtobeof60-90minutedurationandmaybepurchasedsingularlyaccordingtoanindividual‘strainingneedsorfurthereducation.Theconceptofmoduleslasting60-90minutesisdesignedtoaccommodatetrainingona‘whenever’and‘wherever’basis.Whenever,beingbeforework,afterwork,lunchtime,etc.andwherever,beingtheabilitytoreviewthemodulesontabletssuchasaniPad,inadditiontolaptopsanddesktops.Traineesmaycommencethetrainingononedevice,saveandexitthemodule,andresumefromwheretheystoppedonthesameoranotherdevice.Asstandard,purchasedmodules,andaccesstootherfeaturesofthewebsite,willremainavailabletoeachtraineeforaperiodofthreemonthsfromthedateoftheirfirstreviewofamodule.Modulesareavailableunderthefollowingproductheadings:ISBP;BankPaymentObligation;FinancialCrime,FraudandSanctions;DocumentaryCredits,DocumentPreparation,CDCS®,CITF®,StandbyLettersofCredit,Bank-to-BankReimbursements,BankGuarantees,DocumentaryCollections,IntroductiontoInternationalTradeFinance,SupplyChainFinancing,Factoring,FraudIdentificationandPrevention.Wewillbecontinuallyupdatingthemodulesasappropriate;toensurethedatacontentremainscurrentandapplicable.Anassessmentmayonlybepurchasedwithatleastoneothermodulei.e.,assessmentscannotbepurchasedasastandalone.However,itshouldbenotedthatassessmentshavebeencreatedforeachsetofmodulesunderaproductheading.AssessmentProcess:Banksorindividualsmaychoose:(a)thenumberofattemptsthatatraineemaytakeatanassessment(defaultis3);(b)whetherthetraineemayleavetheexaminationandreturnlater;(c)tohavetheassessmentsubjecttoatimelimit;(d)thenumberofquestionsthatwillformtheassessment(thesewillbedrawnrandomlyfromadatabaseofquestions–seethedescriptionforeachtopicforthedefaultnumberofquestions);and/or(e)toindicateapassorfailmark.Wheremorethanoneattemptatanassessmentispermitted,thequestionsforeachsubsequentassessmentwillberandomlydrawn.Thereisalsofunctionalityforthepossibleanswerstobeshowninadifferentorder.APDFcertificatewillbeissuedtothetraineeorcentralcoordinatorbyemailindicatingtheirhighestscore(thiscanbeusedtosecurethePDU’sfromLIFB–seebelow).Anominatedindividualoftheemployerofthetraineecanbeadvisedoftherangeofscoresviaourreportingfunctionality.PDU’s-FortheISBPmodule,12PDU’shavebeenawardedbyLIFB.Fortheothermodules,2PDUeachwillapply.HomePage–Fromthispage,accessisprovidedtotheallocatedtrainingmodulesviathe“LogIn”tab.InformationonimportantnewsitemsandthereleaseofdocumentsbyglobalorganisationssuchasICCortrademagazinesisalsogiven.Itemsarearchivedbyeachmonthandremainavailableforreviewatalaterdate.

Thelatestquestionraisedbyatraineeappearsinthebottomrighthandcorner(butwithouttheanswer!).

Reportingandadministrationoftrainees:Thiscanbemanagedfromeachbank/organisation.Anidentifiedmoderatorwithinthebank/organisationwillhaveaccesstoacontrolpanelwherestaffmemberdetailscanbeadded,andmodulesandassessmentsassigned.Theindividualscoresforeachtraineesattemptatanassessmentcanbeviewedanddownloaded.Wewillissueacertificateshowingthehighestscorethatwasachieved.

QuestionandAnswersection-Thisisnotjustaweb-basedtrainingvehicle.Ourwebsitealsooffersinformation(seecommentsbelowretheTradeInformationtab)andtheopportunityfortraineestoaskquestionsonanytopic-notnecessarilythoserelatingtothemodule(s)thathavebeenpurchasedforthat

trainee.Eachtraineealsohasthebenefitofseeingthequestionsthathavebeenraisedbyothertrainees.Allquestionsaredisplayedanonymously.Thissectionenablestraineestoreviewquestionsbycategoryi.e.,ISBP,orsub-categorywithinthatcategoryi.e.,thebillsofladingsection,andalsotoseeallquestionsthathavebeenreceivedandrespondedtowithintheprevious7days.Allquestionsandanswersaresearchablebykeyword.Whenatraineelogsaquestion,DavidMeynellorGaryCollyeransweritandanemailisautomaticallysenttothetraineewithalinktotheanswerthathasbeenposted.Byclickingthelink,andthetraineeinsertinghisorherusernameandpassword,thetraineewillbetakendirectlytothequestionandanswer.

TradeInformationtab-Thereisonetabunderthiscategoryinboththepublicandmemberdomain.Generaltradefinanceinformationisaddedhere.Theversioninthememberdomainismoreextensiveandprovidesfarmoredetail,samplesofdocuments,samplesofagreements,etc.

TrainingModules-Thistabhighlightsthemodulesthathavebeendevelopedandthoseunderdevelopment.

Othermodulesarealsopossible,includingbespokemodulesthatmayberequiredbyabank.

Pricing:Individualmodulesareavailableforbetween£10and£25each.Fordocumentpreparation,thecompletesetof10modulesisavailableforonly£25.Thesepricesaresubjecttodiscountsforsalesofover25,50and100modules.Salesinexcessof150modulesarenegotiableonpricing.Assessmentmodulesalsorangefrom£15-£25each,with£25onlyapplyingtotheassessmentsrelatingtoCDCS®andCITF®asthesewillmirrorthekindofexaminationprocessexperiencedwhentakingtheformalCDCS®andCITF®examinations.Again,discountedpricingisavailablebaseduponnumberofpurchases.TrainingModuledescriptionsinbrief:InternationalStandardBankingPractice(ISBP):12modulescoveringeachsectionoftheISBP(theotherdocumentsmodulecoverssectionsL,M,N,PandQofISBP745).BytheuseofextractsofMT700textandimagesofdocumentsorsegmentsofdocuments,thecontentandapplicationofISBPisfullyexplained.Theassessmentconsistsofarandomisedselectionofquestions(50isthedefaultnumber)drawnfromadatabaseofquestions.Individualmodules£25each–completeset£199–completesetwithassessment£219BankPaymentObligation(BPO):1modulecoveringBPOinpracticei.e.,whatitis,howitworks,whoaretheparties,whatarethemessageflowsandwhatdataismatched,togetherwithanoverviewoftheURBPOrules,article-by-article.Theassessmentconsistsofarandomisedselectionofquestions(30isthedefaultnumber)drawnfromadatabaseofquestions.Module£25–Modulewithassessment£45FinancialCrime,FraudandSanctions:Thismodulecontainsover2hoursofinformation,recommendationsandlinkstoresourcematerialtoassisttraineesinunderstandingthekeyrequirementsofthesubjectmatter.FinancialCrime,FraudandSanctionsarenowkeycriteriatobeconsideredinanytradefinancetransactionandaccountforaconsiderableamountoftimeandinternalresources.Thefinancialpenaltiesforfailuretoadheretoregulatoryrequirementsarenowbecomingverysevere.Theassessmentconsistsofarandomisedselectionofquestions(20isthedefaultnumber)drawnfromadatabaseofquestions.Completesetof4modules£25–Moduleswithassessment£45DocumentaryCredits:Thistopicconsistsof7modules,eachof60-90minutedurationreviewingvariousaspectsofthedocumentarycreditcycle–fromapplication,throughtoissuance,documentexaminationandhonourornegotiation.Thegroupingofvariousaspectsoftheprocessallowstraineesandbankstopurchasethemodulescoveringissuesofinterestorconcern.Otherbespokegroupings,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(50isthedefaultnumber)drawnfromadatabaseofquestions.Individualmodules£25each–completeset£140–completesetwithassessment£160CertifiedDocumentaryCreditSpecialist(CDCS®):Thistopicconsistsof10modules,eachof60-90minutedurationreviewingvariouschaptersoftheCDCS®GuidetoDocumentaryCredits5thedition.Thegroupingofchaptersallowstraineesandbankstopurchasethemodulescoveringspecificchaptersofinterestorconcern.Otherbespokegroupings,accordingtotheneedofanindividualarepossible.Theassessmentfollowsthe

multiple-choiceexaminationformat.Individualmodules£10-25each–completeset£170–completesetwithassessment£195CertificateinInternationalTradeFinance(CITF®):Thistopicconsistsof4modules,eachof60-90minutedurationreviewingvariouschaptersoftheCITF®GuidetoInternationalTradeandFinancebooklet.Thegroupingofchaptersallowstraineesandbankstopurchasethemodulescoveringspecificchaptersofinterestorconcern.Otherbespokegroupings,accordingtotheneedofanindividualarepossible.TheassessmentfollowstheCITF®examinationformatandisintwopartswithmultiple-choicequestions,and4casestudieswithquestions.Individualmodules£15-25each–completeset£90–completesetwithassessment£115StandbyLettersofCredit:Thistopicconsistsof1moduleof60-90minuteduration.ItreviewsthevariousrulesofISP98andstandbypracticeingeneral,anddrawscomparisonsanddifferencesbetweenstandbylettersofcreditthatareissuedsubjecttoISP98andUCP600.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofISP98andstandbypracticeingeneral.Module£25–Modulewithassessment£45Bank-to-BankReimbursements:Thistopicconsistsof1moduleof60-90minuteduration.ItreviewstheURR725andreimbursementpracticeingeneral,anddrawscomparisonsanddifferencesbetweenreimbursementauthorisationsthatareissuedsubjecttoURR725andUCP600.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofURR725andreimbursementpracticeingeneral.Module£20–Modulewithassessment£35BankGuarantees:Thistopicconsistsof2modules,eachof60-90minuteduration.OneprovidesanoverviewofURDG758andtheotherlooksatguaranteepracticeingeneralanddrawscomparisonsanddifferencesbetweenguaranteesthatareissuedsubjecttoURDG758andthosesubjecttolocallaw.Sampletextsofguaranteesareusedtoexplaintheirfunctionandpurpose.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofURDG758andguaranteepracticeingeneral.2Modules£25–Moduleswithassessment£45DocumentaryCollections:Thistopicconsistsof2modulesof60-90minuteduration.OneprovidesanoverviewofURC522andtheotherlooksatcollectionpracticeingeneral.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(25isthedefaultnumber)drawnfromadatabaseofquestionsandcoversarticlesofURC522andcollectionpracticeingeneral.2Modules£25–Moduleswithassessment£45SupplyChainFinancing:Thistopicconsistsof1moduleof60-90minuteduration.Itreviewsthevariousproductsthatcanmakeupasupplychainfinanceofferingmadeavailablebyabank,thatareinadditiontothemoretraditionalsettlementandfinancingmeans.Otherbespokemodules,accordingtotheneedofanindividualarepossible.Theassessmentconsistsofarandomisedselectionofquestions(15isthedefaultnumber)drawnfromadatabaseofquestionsandcoversaspectsofthetopicscovered.Module£25–Modulewithassessment£45

IntroductiontoInternationalTradeFinance:Thistopicconsistsof1moduleof60-90minuteduration.Itprovidesabasicintroductiontothetopicscoveredbyothermodules.Module£25

Factoring:Thistopicconsistsof1moduleof60-90minutesduration.Itprovidesanoverviewofdomesticandinternationalfactoring.Module£25–Modulewithassessment£45FraudIdentificationandPrevention:Thistopicconsistsofonemoduleof60-90minuteduration.Itlooksatthedifferenttypesoffraudthatareseenininternationaltrade,explainshowtoidentifyfraudulenttransactions,highlightsthetoolsthatareavailabletohelpbanksminimiselosses,andemphasisestheneedforthedevelopmentofinternalcontrolstocombatfraud.(Availabletobanksonly)Module£25

IslamicBankingandTradeFinance:Thistopicconsistsoftwomodulesof60-90minutesduration.Thefirst,OverviewofIslamicBankinglooksatthehistoryofIslamicBankingandprovidesanoverviewofhowitworksanddefinitionsofthetermsthatarecommonlyseenanddiscussed.Thesecond,MurabahaFinancingandothercommonfinancingmethodslooksindetailatthemostcommonformoffinancingseenintradefinancei.e.,Murabahaandprovidesanoverviewoftheothermainfinancingmethods.Thefirstmoduleisavailableat£20andthesecond£25.Theassessmentispricedat£20.Toorderanymodule(s):SendanemailtoGaryCollyeratgary@tradefinance.trainingorDavidMeynellatdave@tradefinance.trainingwithdetailsofyourrequirements.