Credit Administration & Management (CAM)

1. COMMERCIAL PAPERS LAW FOR CORPORATE BANKERS

Promissory notes, commercial papers, bills of exchange and checks are all forms of instruments that permit greater credit extension, facilitate trade and lower interest rate for borrowers. And, in modern banking, they represent a lucrative source of business that needs to be pursued with skill and knowledge.

OBJECTIVES
This Program will help participants to:

To develop a sound understanding of the legal principles for dealing in negotiable instruments.

CONTENTS

	Regulations related to dealing in negotiable instruments.
	Legal aspects and implications of the discounting process.

METHODS
Lectures, discussions, practical applications and case-studies

TARGET AUDIENCE
Managers and officers in credit

LANGUAGE
The Program will be presented in English

DURATION
9 training hours, three days, evening sessions.

2.  ADVANCED INTERNATIONAL TRADE FINANCE FOR CORPORATE BANKERS

Kuwaiti traders heavily depend upon international trade – both export and import. With business on the rise, the trader's requests for more complex transactions, involving risks and requiring a deep understanding of the problems that may, and do, arise in international trade finance are critical for Corporate Bankers.

OBJECTIVES
This Program will help participants to:

	Differentiate between the categorization of Documentary Credits
	Discuss problems and risks inherent in such transactions
	Learn to mitigate risks and to take corrective steps to avoid the problems, where possible
	Know about the legal decisions given by the courts to resolves disputes
	Assist them to identify and minimize risks arising from fraud and errors in International Trade Finance

CONTENTS

	Revocable and irrevocable credits
	Categorization of credits by payment obligations
	Transferable, Back to Back, Revolving and Standby Credits
	Risks involved in credits UCP500, URC 522 & 525
	ISP 98, Electronic Letters of Credit (eUCP)
	Identifying risks at an early stage
	Marine piracy
	Forgery and commercial fraud

METHODS
Lecture-discussions and case studies

TARGET AUDIENCE
Corporate Bankers, Risk Managers and Auditors

LANGUAGE
The Program will be presented in English

DURATION
16.5 training hours, three days, morning and afternoon sessions.