Trade Finance encompasses transactional and value adding services, offered to corporate/ commercial clients by banks. Trade finance solutions enhance working capital efficiencies of banks’ business clients, thereby resulting in overall operational efficiencies and enhanced profitability. From the banks perspective it helps deepen client relationships, making the relationship stickier, thus, resulting in a significant delta in revenues. This core level program provides the participants with a good foundational understanding of international trade, how corporates settle their cross border commercial activities, their basic requirements, and how to identify rand mitigate risks.
The program covers traditional methods of settlement used in trade transactions such as documentary credits and collections, along with contemporary and emerging trends in trade finance in the areas of digitization, supply chain finance, open account trade transactions and structured trade finance solutions. The program focuses on discussions around the outcomes of various trade finance capabilities offered by banks (as opposed to product features) and how these can help the banks’ clients in meeting their working capital objectives.
