5 learning hours
CTFP Core Course
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.
This course provides a detailed review of Documentary Credits, from structuring and issuance to document verification to financing and settlement. The format of the course follows a typical transaction flow and seeks to highlight practical considerations related to the use of Documentary Credits in international trade.
Upon completion of the course you will have a solid, practical understanding of the transaction lifecycle of an L/C and will have acquired practical insights into the issuance, document verification and financing/settlement processes related to Documentary Credits.
Module 1 Review of Key Features and Transaction Flow
Module 2 Structuring and Issuance of Documentary Credits
Module 3 Document Verification
Module 4 Discrepancy Management
Module 5 Settlement and Financing
Module 6 Confirmation of Letters of Credit
Module 7 Special Features, Transferable and Back-to-Back L/Cs
Module 8 Case Study
Module 9 Assessment
This eLearning course will include a self-assessment tool to help you prepare for the Certified Trade Finance Practitioner (CTFP) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%
What is an ICC Academy online course?
ICC Academy courses are delivered via our Learning Management System (LMS) using innovative tools for combining digital learning with industry-centric community discussions.
Our courses are available for purchase individually or as pre-designed packages (ie: Certificates) and are delivered exclusively online. They include videos, animations, case studies, and a self-assessment section and are available to take at any time—anywhere in the world.