Advanced Program in Trade Finance & Foreign Exchange

Contents

– Broad Contours

– Objective

– Who Should Attend?

– Unique Features

– Module Coverage

– About Faculty

– Synchronous Learning Technology

– Detailed Program Elements

– About IFBI

Program Faculty

• Primary Tutor – Mr. Clement

Duration

• 2 Months

Program Fees

• Rs. 15,000/- + 12.36% Service Tax = Rs. 16,854/-

Class Dates

• Commencement - July 27

• Special batches for corporates

Schedule

• Saturday (6:30PM – 9:30PM) & Sunday (10:00AM – 01:00PM)

Broad Contours

Objective

• To ensure trained and competent resources in FOREX & International Trade domain – Competency Framework to focus on

• Domain knowledge

• Exposure changing industry practices and norms

Who should Attend?

• Delegates in FOREX & International Trade vertical.

• Who want to improve business performance

• Who want to enhance skills to increase productivity and efficiency (Self/Team)

Unique Features Unique Program

• Only Advanced domain specific Program in Trade Finance & FOREX in India that has been exclusively designed for working professionals.

Pedagogy

• Designed with a mix of experience sharing, real life case discussions, assignments and industry/research based projects besides the lectures in class

Strategic Leaders

• More than 90K professionals have already been trained in various Banking & Financial domains by NIIT-IFBI

Peer Learning

• Opportunity to Network and Learn from other professionals in the corporate world

Certification

• Competency Certificate on Successful Completion from NIIT-IFBI

Module Coverage • Introduction to Foreign Exchange and International Trade • FEMA • Foreign Exchange Arithmetic • Foreign Exchange Remittances • Non – Resident Accounts – NRO, NRE & FCNR • Resident Foreign Currency Accounts • Overview Of Foreign Trade • Incoterms • UCP 600 • Letter of Credit • Bank Guarantees • Exports • Imports • Export Credit Guarantee Corp. of India – Guarantee & Shippers Policies • Society for worldwide interbank financial Telecommunication – (SWIFT) codes • Statutory Returns to RBI

About Program Faculty

• Mr. Clement – Domain expert with 32 years of experience from

Central Bank of India – He has diverse experience working with different

verticals including Audits and Corporate Finance – A visiting faculty to RBI - for various banks across

India. Primarily for • RBI Training college, Mumbai • FEDAI(Foreign Exchange Dealer’s Association of India)

– He also conducted workshops and trainings on Management Development programs for various organizations in India.

STUDIO VIEW

CLASSROOM VIEW

APDMx14 ver 1.1

35 Classrooms across 23 Cities in India Direct one-to-one interaction is ensured through individual ICT

systems for each student: High-performance PCs Webcam Audio system and microphone at each workstation,

connected directly to faculty at institutes Classroom interactions & ambience are facilitated by clusters of

student-stations and camera & projection systems that span the full classroom.

Learning Management System (LMS): • program-specific notices • online submission of assignments • reminder services • online testing • student records

Synchronous Learning Technology

NIIT-IFBI - TECHNOLOGY EDGE

REPLICATION OF LIVE CLASSROOM

SYNCHRONOUS LEARNING

Full features of face-to-face teaching

Raised-hand-seeking-teacher's-attention

Tabulation of responses

Quizzes randomly created by the teacher

APDMx14 ver 1.1

Case-studies

Project work

Role-plays

Assignment

Collaborative group activities

Instructional material

Elements Running through Program

Agenda

Introduction to Foreign Exchange and Foreign Trade Session 01 – session 04

FEMA Session 05 – Session 06

Foreign exchange rate mechanism Session 07 – Session 08

Foreign exchange arithmetic Session 09 – Session 10

Foreign exchange remittances Session 11 – Session 12

Non-Resident Accounts - NRO, NRE & FCNR Session 13 – Session 14

Resident Foreign Currency Accounts Session 15

Overview of Foreign Trade Session 16 – Session 17

Incoterms Session 18 – Session 19

UCP 600 Session 20 – Session 22

Letter of Credit Session 23 – Session 25

Bank Guarantees Session 26 – Session 32

Exports Session 33 – Session 38

Imports Session 39 – Session 44

ECGC - Guarantees & Shippers policies Session 45

SWIFT Session 46 – Session 47

Statutory Returns to RBI Session 48

Module Wise Contents

• Introduction to Foreign Exchange and International Trade – Foreign Exchange in India – Forex Mechanism, Transactions and Rates – Understanding Funds position – Forex Market & Trading – Foreign Trade Policy

• FEMA – Operational Procedures – Compliance of Forex transactions as per FEMA

• Foreign exchange rate mechanism – Foreign exchange rates quoted in the Inter-bank market – Movement of Rates – Methods of determining Forward Rate

Detailed Module Coverage

Detailed Module Coverage • Foreign Exchange Arithmetic

• Merchant Transactions • Rates (Trade & Non - Trade) • Margin • Calculation of TT Buying/Selling, Bill Buying/Selling.

• Foreign Exchange Remittances • Inward Remittances • Obligation of banks under FCRA • Collection & Encashment • Outward Remittances

• Non – Resident Accounts • Eligibility, Repatriability, Type of accounts, Period of deposit, ROI, Operations

through POA, TDS • Difference between NRO & NRE. • Opening of FCNR accounts

• Resident Foreign Currency Accounts

• Overview Of Foreign Trade

– Definition

– Risks

• Incoterms

– 2000 & 2010

– Comparisons

• UCP 600

• Letter of Credit

– Advantages, parities and types

– Amendments/Cancellation & Pricing

• Bank Guarantees

– Covered in great detail

• Exports

– Shipment finance, Scrutiny of documents

– Purchase/Discount of bills

Detailed Module Coverage

• Imports

– RBI guidelines and EXIM policy

– Retirement of bills drawn under import LC

– Collection

• Export Credit Guarantee Corp. of India – Guarantee & Shippers Policies

– Dos & Don’ts

– Claims and Recovery

• SWIFT codes

– Understand electronic transactions

– Understand Transaction/ Message types

• Statutory Returns to RBI

– Returns

– XOS

– BEF

Detailed Module Coverage

About IFBI

Over 21,000 students placed

IFBI: Pioneer and Scale player in BFSI Career Building

160 experienced

faculty

Over 91,000 professionals

trained

• Client base of over 40 Leading Banks & Financial Institutions

• Trainers with an average experience of 20+ years • Practitioner faculty that come from Banking and FS

Industry

• DNA that understands banking and financial services • Dedicated content and instructional design team • Over 2,000 hours of training content in Banking, Finance, Soft

Skills, Selling, Customer Service • Present in 40+ Locations in India, soon in Nigeria & Nepal

IFBI Today

IFBI Capabilities

Providing end-to-end training solutions for BFSI Sector / Vertical

• Skill Mapping

• Content Design & Development

• Sourcing & Selecting Candidates through rigorous screening

• Training Delivery, Assessment & Certification of Candidates leading to Placement

• Providing on-the-job training support

• Skills Up-gradation training ; Roll out training

Some Partnering Organizations & Corporate Clients

Thank you &

We look forward to a long and fruitful association.