Refreshment Trade Product And Trade Loan

This program will explain/refresh the step by step of the Letter of Credit and SKBDN process, including types of LC (Sight, Usance, UPAS, UPAU), Transferrable LC, Back to Back LC, Confirmation LC, Red/Green Clause LC; and how to minimise the risks from the Trade Finance perspective. We will also discuss how corporates can seek financing from their LC and non-LCtransactions, from both sides (Import and Export) with variants products of LC and Open Account based financing.

After completion of this program, participants will have a better understanding of variants of trade products and the financing associated with them, i.e.:

• Import related products e.g.: LC & SKBDN Issuance, Import (T/R) Financing, Inward Bill Collection (DA/DP Financing), Shipping Gtee.

• Export related products e.g.: LC & SKBDN Advising, LC Negotiation/Discounting, Pre-Shipment FInancing, Account Receivables Purchase, LC Confirmation & LC Transferable, Outward Bill Collection (DA/DP Financing)

• Understand the accounting treatment and impact to Balance Sheet Management