Advanced Documentary Credits And Financing Trade

Start: Jul 1, 2024
End: Jul 5, 2024
Format: Online
Duration: 1 week
Start: Jul 1, 2024
End: Jul 5, 2024
Venue: ESAMI Headquarters - Arusha - Tanzania
Duration: 1 week
Start: Oct 21, 2024
End: Oct 24, 2024
Venue: Zanzibar - Tanzania
Duration: 1 week
Statement of Need

Documentary Credits are one of the critical tools for mitigating commercial risks between importers and exporters, whilst at the same time providing mechanisms for financing their trade transaction. Despite the highlighted utility of documentary credits, many traders on the African continent are not fully utilizing this critical financing mechanism, while for some their applications to financial institutions for issuance of documentary credits are not successful.
To facilitate growth of export business for African traders, this programme is designed to enable participants to understand documentary credits, the products, parties, processes and rules that underpin documentary
credit transactions. Consequently, this executive programme will equip participants with skills and ability to manage documentary credit transactions and identify irregularities.

Who Attends

General Practitioners working in Financial Institutions in positions such as Relationship Managers, Trade Finance and Marketing Professionals, International Division Bankers, Middle Office and Front Office Staff, , Credit and Deal Risk Analysts, Document Checkers and Supervisors, Risk Distribution Staff, Trading Company Corporate and Treasury Staff, Auditors, Central Bank Regulators, Compliance Division Staff, Private Sector Practitioners involved in the buying and selling of goods, Export and Commodity Finance Professionals, Import and Export and Trade Operations Professionals.

How participants will benefit

At the end of the programme, participants will be able to:

  • Explain the how documentary credits function;
  • Analyze the utility of documentary credits in promoting intra African trade;
  • Make use of the rules governing documentary credits;
  • Analyse the main types of documentary credits;
  • Negotiate, structure and issue compliant documentary letters of credit;
  • Identify key risks in documentary credits.