Need an introduction to trade finance and some of the main financing instruments available to exporters and importers? Our latest post will help. It also includes an update on how the trade finance industry is adapting to COVID-19.
Learn the essentials of trade finance and fast-track your career with our introductory level, online certificate. Includes access to 14 different trade finance courses.
Learn how to sell, deliver and process global trade finance solutions with our advanced, online certification programme. Includes access to 11 different trade finance courses.
Earn credit points towards re-certification with our Certified Trade Finance Professional (CTFP) curriculum – CDCS, CSDG, CITF and GTC holders are all eligible. Includes the five core trade finance courses from CTFP.
Develop a foundational understanding of global trade and how companies settle their cross border commercial activities as well as the instruments available to mitigate risk.
Understand the importance of the documentary credit in enabling trade and the versatility of this proven instrument in addressing a range of market conditions and client needs. One of our most popular trade finance courses.
A detailed review of documentary credits (letter of credit), from structuring and issuance to document verification to financing and settlement. Gain a solid, practical understanding of the transaction lifecycle of a documentary credit.
Find details of all our letter of credit courses, including introductory and advanced courses, courses that focus on standby letters of credit as well as our full certificate programmes that cover other trade finance instruments too.
Get to grips with the digital trade ecosystem, including the advent of fintechs, the legal and regulatory challenges involved and the broad range of solutions that are available to support international trade.
Take an in-depth look at how standby letters of credit work, the purposes for which they can be used and the rules and regulations governing them.
Commodity trade represents around 25% of world trade – this course will teach students the three types of commodities, their features and their respective risks. You will also look at various tools and documents involved.
Understand what a guarantee is and its structure, the importance of using the correct terminology and the key elements needed.
A practical overview of the high-growth area of Supply Chain Finance (SCF)—an emerging proposition in the financing of international commerce which covers the majority of global trade flows
Gain an in-depth understanding of the key events in the physical supply chain, the parties involved in these events and their financial consequences in terms of risk, funding, liquidity and payment flows.
Learn the key role export credits and official export credit agencies play in international sales and its financing, particularly in developing nations and discover the associated risks, and the pros and cons for exporters, importers and lenders.
Learn about the issuance of guarantees, the use of counter guarantees and more complex transactions. Take a closer look at global standards and legal frameworks.
This course will build on a basic understanding of the Asset Conversion Cycle (ACC) and includes detailed explanations of the cash flow and working capital cycle of commercial companies of all sizes.
What Students Say About ICC Academy's Certificates & Courses
“The course rekindled my passion for learning about the world of international trade and trade mechanisms.”
“The GTC enabled me to crystallize my knowledge and experience in trade finance with a formal certification accredited by ICC. This has helped my employer understand the focus of my career and help me with my pathway to advancement”
Bank of the Cook Islands
“I am now recognised by peers to be a true trade specialist. I have a much clearer idea of what other financing techniques are available out there on the market.”
Steve Lim Ah Tock
Trade Operations Manager, Mauritius
“The CTFP trade finance course has boosted my career prospects. Apart from earning a promotion late last year, I now possess the knowledge and expertise required to function effectively in all the key aspects of the trade finance business (operations, product development and sales). This has renewed opportunities for progression in my career. All these would not be possible without my exposure to the CTFP course.”
Access Bank, Nigeria
“I have noticed that the head hunter and people active in trade finance sector are more interested in my profile and I hope it can help me to grow up with a promotion or with a new role.”
BNP Paribas, Italy
What is Export Finance? A Comprehensive Guide (2020)
Read our new comprehensive guide to export finance (the financing of working capital tied to exports). We cover each of the main export finance solutions and have even included process flow diagrams to help you understand each one better.
How to Have a Successful Career in Trade Finance
Find out the number one skill you should focus on to be successful in a client-facing trade finance position in our interview with Abbas Haider, Vice President, Trade Finance, Financial Institutions at Deutsche Bank, and a CTFP graduate.
A Comprehensive Guide to the Different Types of Documentary Credit
Our free guide includes:
- A detailed and thorough explanation of 9 different types, with examples and scenarios of when each might be used.
- Process flow diagrams and graphics to help you better grasp the differences
- A ‘Key Terminology’ section that demystifies some of the technical jargon
11 Questions That Will Help You Master Documentary Credits
From what is UCP 600 to the most common discrepancies found in documentary credits, our new post will help you gain a better understanding of one of the world’s most well-established and oldest trade finance solutions.
Supply Chain Finance: An Introductory Guide
In this introductory guide you’ll learn
- Why SCF has grown in popularity over the last decade
- The difference between traditional trade finance and SCF
- Case studies from real businesses that use SCF
- Short, simple summaries of the main SCF solutions and techniques
- Graphics and diagrams to help you better grasp the concepts discussed
ICC Livecast: The Future of Non Bank Finance Providers
On this episode, we discuss how non-bank finance providers have evolved into what they are today, and what the future looks like for their business models, competitors, and clients.
Our special guest is Denise Ang – Managing Director of the financial technology start-up Nufin Data.
ICC Livecast: The Future of SME Finance
On this episode, we discuss what SME finance looks like in 2019 and how various trends are shaking up the industry. We also cover the important compliance challenges that providers are already starting to face.
Our special guest is Qamar Saleem – Global Technical Lead of SME Banking Practice at the International Finance Corporation (IFC).
Documentary Credits: Rules, Guidelines & Terminology
In this guide we will help you get a clearer understanding of the rules and guidelines that govern modern documentary credits, the majority of which are issued subject to the International Chamber of Commerce (ICC) Uniform Customs and Practice for Documentary Credits, 2007 Revision, commonly known as UCP 600. Think of this as a jargon-busting reference guide.