Export Finance
Learning Objectives
By the end of this eCourse you will be able to:
Understand the benefits and risks of different types of financing. Both short and medium/long-term.
Learn about the two forms of export credits (buyer vs supplier credit).
Understand why export credits require large delays (up to several years).
Articulate the pros and cons for an exporter or importer
Understand how credit and operational risk affect an export credit
Learn how export credit agencies (ECA) can play a role in providing technical guarantees.
Understand the various forms of intervention for ECAs.
Learn what commercial interest rates (CIRR) are in relation to ECAs.
Learn about what goes into the documentation and term-sheets for export credits.
Understand the characteristics and key differences of development finance.
Course curriculum
In this lesson, you will gain an understanding of the different financial instruments available to make commercial contracts viable, both short and medium/long-term, and of the benefits (and risks) of each.
In this lesson, you will learn the international framework which applies to export credits (OECD – WTO) and review the different public and private stakeholders that are implied.
In this lesson you will learn about the lifecycle of an export credit, including;
- Why export credits require large delays (up to several years).
- What goes into the documentation and term-sheets for export credits.
- How credit and operational risk affects an export credit
In this lesson, you will have an understanding of the advantages and disadvantages, as well as risks, of export credits for the different stakeholders (exporters, importers, banks and ECAs & their states).
In this lesson, you will learn what commercial banks can also offer such as commercial loans without any ECA cover to support export contracts.
In this lesson, you will learn the characteristics of development finance and the key differences when compared with export finance.
In this section, we will take a look at a sample case study that shows how simple solutions can remedy problems often seen in this sector.
This section will test your knowledge on what you have learned so far. Please note, this is not an exam.
FAQs
Answers to your most commonly asked questions.
This course forms part of the curriculum for the Certified Trade Finance Professional (CTFP) but can also be purchased on its own.
If you just complete this course then you will earn a Letter of Completion once you finish (please note there is no exam for this individual course).
However, this course can also be put towards achieving the CTFP qualification. More details can be found here.
If you complete the CTFP then you will earn a Certificate of Achievement, signed by the ICC Secretary General, once you pass the final exam
All candidates need to be able to read and write in English. For this course, we recommend that you have +5 years working in trade finance or have completed a trade finance qualification such as the ICC Academy’s Global Trade Certificate.
Your purchase includes 12 months to access all the lessons. You can access the lessons as many times as you like within the 12-month access period.
This course is accredited by the London Institute of Banking and Finance (LIBF), The Bankers Association for Finance and Trade (BAFT) and the Global Trade Professionals Alliance (GTPA).
Due to the immediate availability of our course content upon registration, ICC Academy has a strict no-refund policy for our courses and certifications. For more details, please refer to our Terms and Conditions.
This online course will take approximately 5-6 hours to complete depending on your level of experience.
Candidates will have 12 months access to the lessons which can be repeated.
- One-year access to the online course and all 8 lessons
- Two case studies and 43 assessment questions – we’ll show you how to apply what you learn to real-world scenarios. Please note this is not an exam.
- A printable glossary containing all the key terms for you to refer to throughout the course
- A downloadable study reference guide
- Dedicated, full-time IT support
- Certificate of completion
Yes, all our courses are taken online. This means they are accessible at any time, from anywhere in the world. Learn when and where you want.
This course has been designed for general practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.
