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Professional training course

Trade Finance, Letters of Credit and Bank Guarantees

Securing company’s assets while transacting with local and international customers is critical for the success and sustainability of a business. In this course, you will…

  • 5 daysClassroom or online
  • 13Upcoming dates
  • 7Cities
  • £1,650Fees from

Course overview

Why Attend

Securing company’s assets while transacting with local and international customers is critical for the success and sustainability of a business. In this course, you will learn how to properly transact with foreign companies to support your topline without sacrificing your assets and financial stability. You will also learn how to negotiate with trade counter-parties to secure favorable commercial terms.

Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies and group exercises to apply knowledge acquired throughout the course.


Course Objectives

By the end of the course, participants will be able to:

  • Understand trade finance fundamentals and best practices
  • Explore banking facilities related to trade finance
  • Better negotiate contracts commercial terms
  • Understand and utilize different types of available letters of credit
  • Understand and utilize different types of available letters of bank guarantee
Target Audience

Financial controllers, procurement professionals, financial analysts, business development managers, financial managers, management accountants, business analysts and treasury professionals.


Target Competencies
  • Understanding trade finance
  • Negotiating commercial terms
  • Securing assets and profitability
  • Utilizing trade finance tools to support revenues
  • Mitigating trade finance risks


Course outline

  1. 1Day 1: Trade finance
    • What is trade finance?
    • Exporter and importer conflicting goals
    • Risks involved
    • Product and manufacturing
    • Transport
    • Commercial
    • Adverse business
    • Political
    • Currency
    • Financial
    • Participants in international trade transactions
    • Terms of payments
    • Critical questions in selecting terms of payment
    • Shipping documents
    • Shipping terms
    • Documentary collection
    • Documentary credit
    • International trade issues
  2. 2Day 2: Banking facilities and services for exporters and importers
    • Overdraft facilities
    • Negotiation with banks
    • Bills advance
    • Documents presented
    • Factoring
    • Loan against imports
    • Trust receipt facilities
    • Export credit insurance
  3. 3Day 3: Contractual relationship between contract parties
    • Buyer versus seller
    • Applicant versus issuing bank
    • Issuing bank versus beneficiary
    • Issuing bank, advising bank and beneficiary
    • Issuing bank, confirming bank and beneficiary
    • Beneficiary versus negotiating bank
  4. 4Day 4: Letters of credit
    • Transferable credit
    • Back to back credit
    • Red clause credit
    • Revolving credit
    • Standby credit
    • Accounting treatment
    • Disadvantages of the letter of credit
    • Letter of credit discrepancies
    • Terms of sale and delivery
  5. 5Day 5: Letters of bank guarantee
    • Tender guarantee
    • Advance payment guarantee
    • Performance guarantee
    • Warranty bond
    • Retention guarantee
    • Accounting treatment

Schedule

Dates and fees

13 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,220.

All dates as PDF
December 2026
21DEC 21 - 25 Dec 2026Mon to Fri · 5 daysNext session
Malaysia flag Kuala LumpurMalaysia · Classroom
£1,850per delegate2+ people: £1,480 each
January 2027
18JAN 18 - 22 Jan 2027Mon to Fri · 5 days
Austria flag ViennaAustria · Classroom
£2,850per delegate2+ people: £2,280 each
February 2027
15FEB 15 - 19 Feb 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£1,850per delegate2+ people: £1,480 each
March 2027
15MAR 15 - 19 Mar 2027Mon to Fri · 5 days
South Africa flag Cape TownSouth Africa · Classroom
£1,750per delegate2+ people: £1,400 each
April 2027
19APR 19 - 23 Apr 2027Mon to Fri · 5 days
Germany flag FrankfurtGermany · Classroom
£1,650per delegate2+ people: £1,320 each
May 2027
17MAY 17 - 21 May 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£1,850per delegate2+ people: £1,480 each
June 2027
21JUN 21 - 25 Jun 2027Mon to Fri · 5 days
Germany flag FrankfurtGermany · Classroom
£1,650per delegate2+ people: £1,320 each
July 2027
19JUL 19 - 23 Jul 2027Mon to Fri · 5 days
Italy flag RomeItaly · Classroom
£2,050per delegate2+ people: £1,640 each
August 2027
16AUG 16 - 20 Aug 2027Mon to Fri · 5 days
Malaysia flag Kuala LumpurMalaysia · Classroom
£1,850per delegate2+ people: £1,480 each
September 2027
20SEP 20 - 24 Sep 2027Mon to Fri · 5 days
Austria flag ViennaAustria · Classroom
£2,850per delegate2+ people: £2,280 each
October 2027
18OCT 18 - 22 Oct 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£1,850per delegate2+ people: £1,480 each
November 2027
15NOV 15 - 19 Nov 2027Mon to Fri · 5 days
France flag ParisFrance · Classroom
£2,650per delegate2+ people: £2,120 each
December 2027
20DEC 20 - 24 Dec 2027Mon to Fri · 5 days
Germany flag FrankfurtGermany · Classroom
£1,650per delegate2+ people: £1,320 each

Questions

Frequently asked questions

How long is the Trade Finance, Letters of Credit and Bank Guarantees course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Trade Finance, Letters of Credit and Bank Guarantees course?

The next public date is 21 - 25 Dec 2026 in Kuala Lumpur. There are 13 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Kuala Lumpur, Vienna, Barcelona, Cape Town, Frankfurt, Rome, Paris.

Can I take Trade Finance, Letters of Credit and Bank Guarantees online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,220 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £1,650 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

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