Award in Trade Finance

Issued by The Chartered Institute of Export & International Trade

Earners of the Award in Trade Finance badge are able to evaluate the impact of fluctuating exchange rates and how businesses should recognise and manage exchange rate risk, emphasise the benefits to exporters of using finance and insurance effectively in order to support the financial needs and create competitive advantage. They are able to evaluate the features applicable to medium and long term exports, along with the client needs of the exporter and overseas buyer.

Skills

Bonds And Guarantees
Escrow Accounts
Export Insurance
Foreign Exchange Transactions
Identifying Client Needs
Letters Of Credit
Managing Currency Risk
Opportunity Discovery
Payment Profiling

Earning Criteria

Complete the Ensuring Security of Payment – Exporting with Confidence in a Competitive but Safe Environment module of learning
Complete the Using Finance Effectively to Compete in Export Markets module of learning
Complete the Medium and Long Term Export Finance Support module of learning
Pass the assessments for each of the four modules.