Course Overview
The Complete Trade Finance Series (Module #5) – Bank Guarantee:
Trade Finance denotes financing for trade activities, where the transaction of both domestic and international is concerned in trade finance. Trade Finance activities includes lending, issuing letters of credit, export credit, and various others.
Through this course you will be learning about concept of bank guarantees, difference between guarantee and letter of credit, advance against cheque or draft, post shipment credit characteristics, export credit guarantee, forfeiting elements, factoring risk to factor, workflow, types of guarantee, demand guarantee, uniform rules for demand guarantees & various other concepts.
Course Objective:
- Learn in detail about bank guarantee & how it differs from letter of credit.
- Learn types of guarantee, post shipment credit characteristics & many other concepts.
Target Customers:
- Research Students
- Professionals
- Anyone who wants to learn more about the International Trade and Practices.
Pre-Requisites:
- Basic knowledge of finance
- Passion to Learn