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What is Trade Finance?
 
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http://www.tradefinanceglobal.com/finance-products/trade-finance/ What is Trade Finance? Transcript: Hi, I’m Sam, and I want to tell you all about trade finance, and along the journey, this might even help your clients. Did you know, around 80-90% of global trade is reliant on trade and supply chain finance, which is estimated to be worth around $10 trillion US dollars a year. We want to help explain some of the concepts behind trade finance, should it ever be useful for you to explain or help your clients. Sometimes banks might not be the best funding option. We’ve seen increasing regulation, reduced standard lending, and SMEs finding it difficult to access finance from traditional means. Is this really the case? Absolutely not! At Trade Finance Global, we help companies find debt funding. We’re impartial, flexible and work with most funders on the market to ensure SMEs really do get the most appropriate source of funding to help them grow. So what do we offer? In a nutshell, we offer business finance solutions, through our network of lenders to companies. This video covers trade finance – which is one type of debt finance, how it works, and everything you need to know to explain it. What is trade finance? Trade finance is an umbrella term encompassing many types of debt finance, including those which we offer, such as, invoice finance, factoring, letters of credit, forfaiting, export credit, open account, cash advance, documentary collections, guarantees and structured finance– some of which we will discuss in later videos. Today we’ll be talking to you about core ‘trade finance’ and how it works. Most people think that trade finance involves international trade, however, it often just involves domestic or internal trade. So, how does it work? A trade finance transaction will require a seller of goods and services as well as a buyer. A lender would come in and fund this trade. Trade finance is relevant where a seller requires a buyer to prepay for goods shipped. In traditional long-standing relationships, there is often a lot of trust between the seller and the buyer, where they may trade on open account terms. However, in most trading relationships, trade finance will be used. What is needed? As an example, the buyer wants to reduce their risk by asking the seller to document that the goods have been shipped. The buyer’s bank assists by providing a letter of credit to the seller (or the seller’s bank) providing for payment upon presentation of certain documents, such as a bill of lading. The type of document used in the process depends on the nature of the transaction and how evidence of performance can be shown (i.e. bill of lading to show shipment). Trade finance is the type of finance used by buyers and sellers to assist with the trade cycle funding gap. So, if you’re a UK buyer purchasing clothes from China, you might use a trade finance facility to mitigate and reduce risk. Lenders who assist with bridging this finance gap will normally require a number of elements to make sure that the transactions are safe, effective and secure. They will ensure: - Control the financial elements of the transaction - Monitor the trade cycle throughout the trade - Security of the goods and the debt, which is also known as a receivable What’s the risk? When trading goods, either the buyer or the seller will have to take some form of risk. A seller wants payment upfront, whilst a buyer would want to defer payment by receiving some form of credit terms. So how does trade finance help? It’s often difficult to convince a seller to provide extended payment terms, as they normally want the cash upfront. This is particularly difficult when trading with unfamiliar partners. Paying sellers up front for goods can be difficult when businesses are under pressure to sell products on to their end customers. With trade finance, payments are made directly to UK or overseas sellers, which bridges the funding gap between paying suppliers and being paid by customers. At Trade Finance Global, we know that standard forms of debt don’t work, and most business owners are not keen to put up standard security. Within trade finance, instead, it’s possible to use purchase orders, invoices, insurance and goods to be used as security. So, how does it work? Using a Trade Finance facility is straightforward: 1. Firstly, an order is placed with a supplier; 2. The funder then pays the seller upon guarantee of the goods being shipped. 3. Goods are shipped and delivered to the end customers of the company and 4. Finally, the buyer repays the lender. Depending on what is agreed, this may be within 90 days from the transaction date
Views: 49630 Trade Finance Global
Financing of Export Trade by Banks
 
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Install our android app CARAJACLASSES to view lectures direct in your mobile - https://bit.ly/2S1oPM6 Join my Whatsapp Broadcast / Group to receive daily lectures on similar topics through this Whatsapp direct link https://wa.me/917736022001 by simply messaging YOUTUBE LECTURES Did you liked this video lecture? Then please check out the complete course related to this lecture, FINANCIAL MANAGEMENT – A COMPLETE STUDYwith 500+ Lectures, 71+ hours content available at discounted price(10% off) with life time validity and certificate of completion. Enrollment Link For Students Outside India: https://bit.ly/2PmYtDf Enrollment Link For Students From India: https://www.instamojo.com/caraja/financial-management-a-complete-study-online/?discount=inyfmacs2 Our website link : https://www.carajaclasses.com Indepth Analysis through 300+ lectures and case studies for CA / CFA / CPA / CMA / MBA Finance Exams and Professionals ------------------------------------------------------------------------------------------------------------------------ Welcome to one of the comprehensive ever course on Financial Management – relevant for any one aspiring to understand Financial Management and useful for students pursing courses like CA / CMA / CS / CFA / CPA, etc. A Course with close to 300 lectures explaining each and every concept in Financial Management followed by Solved Case Studies (Video), Conversational Style Articles explaining the concepts, Hand outs for download, Quizzes and what not?? ------------------------------------------------------------------------------------------------------------------------ This course is about Financial Management. By taking up this course, you will have opportunity to learn the all facets of Financial Management. Knowledge on Financial Management is important for every Entrepreneur and Finance Managers. Ignorance in Financial Management can be disastrous because it would invite serious trouble for the very functioning of the organisation. This is a comprehensive course, covering each and every topic in detail. In this course,you will learn the Financial Management basic concepts, theories, and techniques which deals with conceptual frame work. Following topics will be covered in this course a) Introduction to Financial Management (covering role of CFO, difference between Financial Management, Accounting and other disciplines) b) Time Value of Money c) Financial Analysis through Ratios (covering ratios for performance evaluation and financial health, application of ratio analysis in decision making). d) Financial Analysis through Cash Flow Statement e) Financial Analysis through Fund Flow Statement f) Cost of Capital of Business (Weighted Average Cost of Capital and Marginal Cost of Capital) g) Capital Structuring Decisions (Capital Structuring Patterns, Designing optimum capital structure, Capital Structure Theories). h) Leverage Analysis (Operating Leverage, Financial Leverage and Combined Leverage) I) Various Sources of Finance j) Capital Budgeting Decisions (Payback, ARR, MPV, IRR, MIRR) k) Working Capital Management (Working Capital Cycle, Cash Cost, Budgetary Control, Inventory Management, Receivables Management, Payables Management, Treasury Management) This course is structured in self learning style. It will have good number of video lectures covering all the above topics discussed. Simple English used for presentation. Take this course to understand Financial Management comprehensively. Mandatory Disclosure regarding course contents: This course is basically a bundle of following courses: a) Time Value of Money b) Cash Flow Statement Analysis c) Fund Flow Statement Analysis d) Finance Management Ratio Analysis e) Learn how to find cost of funds f) Learn Capital Structuring g) Learn NPV and IRR Techniques h) Working Capital Management. If you are purchasing this course, make sure you don't purchase the above courses. Also note, this course is also bundled in comprehensive course named Accounting, Finance and Banking - A Comprehensive Study. So if you are purchasing above course, make sure you don't purchase this course. • Category: Business What's in the Course? 1. Over 346 lectures and 48 hours of content! 2. Understand Basics of Financial Management 3. Understand Importance of Time Value of Money 4. Understand Financial Ratio Analysis 5. Understand Cash Flow Analysis 6. Understand Fund Flow Analysis 7. Understand Cost of Capital 8. Understand Capital Structuring 9. Understand Capital Budgeting Process 10. Understand Working Capital Management 11. Understand Various sources of Finance Course Requirements: 1. Students can approach with fresh mind Who Should Attend? 1. Any one who wants to learn Financial Management comprehensively 2. MBA (Finance) students 3. CA / CMA / CS / CFA / CPA / CIMA
Views: 12020 CARAJACLASSES
Methods of Payment in International Trade
 
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Did you like this video? Please Share It. This Video is part of International Trade Course, for more info visit: http://www.theeducators.com/portfolio-items/international-trade/ This course is designed to provide the learners, and those operating within International Trade, an opportunity to broaden their understanding of global trade issues, and to gain a clear understanding of the processes and practicalities of International Trade. The course is suitable for all those involved in importing and exporting. It is also appropriate for corporate service providers such as banks, forwarders, accountants and international trade advisers. ---------------------------- This video covers Hollensens five steps of International Expansion: 1. To go international or not? 2. Which markets to enter? 3. Market entry strategies. 4. Designing the global marketing programme. 5. Implementing and coordinating the global marketing... ----------------- Media Partner: http://www.theeducators.com Producer: Tony Zohari Speaker: Siamak Taslimi
Views: 40832 DigitPro
Exporting Insights: The Importance of Trade Financing - Commercial Banking Services
 
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In this video, learn how to ensure that your small business receives their payment when exporting. Scott stresses how letters of credit and export insurance can give a small business the security they need to enter foreign markets. Guest speaker: Scott A. Conrad, Vice President of International Trade Finance of M&T Bank
International Trade Finance: Intro
 
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Learn from experts from First National Bank and Scarbrough International on International Trade Finance. How to navigate opportunities like the strength of the dollar and Brexit as your company pursues exports. Learn about international payment methods, foreign exchange, and extending credit terms. www.scarbrough-intl.com
International Trade: Trade Finance Products
 
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Did you like this video? Please Share It. This Video is part of International Trade Course, for more info visit: http://www.theeducators.com/portfolio-items/international-trade/ This course is designed to provide the learners, and those operating within International Trade, an opportunity to broaden their understanding of global trade issues, and to gain a clear understanding of the processes and practicalities of International Trade. The course is suitable for all those involved in importing and exporting. It is also appropriate for corporate service providers such as banks, forwarders, accountants and international trade advisers. ---------------------------- This video covers Hollensens five steps of International Expansion: 1. To go international or not? 2. Which markets to enter? 3. Market entry strategies. 4. Designing the global marketing programme. 5. Implementing and coordinating the global marketing... ----------------- Media Partner: http://www.theeducators.com Producer: Tony Zohari Speaker: Siamak Taslimi
Views: 3762 DigitPro
Export-Import Bank of India (Hindi)
 
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Export-Import Bank of India is the premier export finance institution of the country that seeks to build value by integrating foreign trade and investment with the economic rise of India. Like us on Facebook: www.facebook.com/eximbankindia Follow us on Twitter: @IndiaEximBank
Views: 62025 EXIM Bank India
International Trade Animation
 
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-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 55466 Wian Guse
Money Transfer Explained
 
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Money transfer services can save you a lot of money when doing international transfers compared to the ATM or the bank. How do they work and are they worth the effort? Recommended money transfer services: **1st choice** CurrencyFair https://www.currencyfair.com/?channel=RGN3H1 [Referral link. Free transfer + 30€ bonus if you transfer 2000€ or equivalent] Usually the least expensive, but also the smallest list of supported currencies/countries. Use CurrencyFair first if your money comes *from* Europe, UK, Australia or any country where CurrencyFair has a local bank account. List of supported currencies to ‘send in’: https://app.currencyfair.com/support/en/sending-in/16 Check if they have a local account to ‘send in’ your currency: https://www.currencyfair.com/how-it-works/exchange-process-times/ (For example, they do not have local accounts in the US, Canada and New Zealand even if they accept the respective currencies.) **2nd Choice** TransferWise http://bit.ly/creativenomad_TW1 [Referral Link to support this channel. The free transfer promotion has been phased out! Sorry. :( ] Use TransferWise first if your money comes *from* the US, Canada, New Zealand or any supported country with a local account. Also use them to get an extra free transfer after using up your CurrencyFair freebie. List of supported countries here: http://bit.ly/creativenomad_TW2 How to make a transfer step-by-step here: https://www.youtube.com/watch?v=EWCFao8kcbI **3rd Choice** XE.com http://www.xe.com/xemoneytransfer/ Use XE.com if you need to transfer from a currency/country that is not supported by CurrencyFair or TransferWise, like sending money *from* Mexico. List of supported currencies here: http://www.xe.com/xemoneytransfer/ca/#currencies **EXTRA INFO** Good post comparing various money transfer services: https://www.currencyfair.com/blog/money-transfer-companies-compared/ Excellent website that compares various services including spread and fees for a given trade: https://moneytis.com/ Tips: ** You need a bank account at both ends of the transaction. The receiving account usually doesn't have to be yours, so you can use a (trusted!) friend's account if your are in a pinch. ** Compare your particular trade between services, pricing varies a lot depending on countries and currencies. ** Money transfer services are usually slow. The delay can be from a few hours to a few business days to more than a week in some cases. Plan ahead. ** Always test a new transfer service with a smaller amount first (a few hundred dollars or equivalent) to make sure everything is working as expected. ** Break down very big transfers into smaller chunks. It minimizes risk if anything goes wrong and it avoids getting flagged by government checks (usually around 10000US$, varies by country). It also evens out variations in the exchange rate if you do multiple transfers over a few weeks instead of all on the same day.
Views: 56905 CreativeNomad TV
Wholesale banking
 
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Wholesale banking is the provision of services by banks to organizations such as Mortgage Brokers, large corporate clients, mid-sized companies, real estate developers and investors, international trade finance businesses, institutional customers, and services offered to other banks or other financial institutions. Wholesale finance refers to financial services conducted between financial services companies and institutions such as banks, insurers, fund managers, and stockbrokers. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 2898 Audiopedia
Common Bank Interview Questions and Answers
 
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Common Bank Interview Questions and Answers For a detailed article on the subject visit: http://careersandmoney.com/common-bank-interview-questions-with-answers/ Here are links to 2 playlist which have more than 15 videos giving individual questions and answers. 1. Bank Interview Questions and Answers Series https://www.youtube.com/playlist?list=PLSx9V0Bx_O_q44bZ7TEnUIRflxXFFmJvm 2. Interview Questions & Answers for Accounts, Accounting, Finance Jobs https://www.youtube.com/playlist?list=PLSx9V0Bx_O_qQ9rIFEPi8eLTbv22MAcBx Our Standard Video Making Gear (affiliate links): • Laptop: https://amzn.to/2GYTX8u • Microphone: https://amzn.to/2L1yXQS • Mobile Phone: https://amzn.to/2smb6Uo • Camera: https://amzn.to/2GYDVeA • Tripod Stand: https://amzn.to/2IW20sn • Photography Backdrop: https://amzn.to/2L3rqkl • Photography Light Kit: https://amzn.to/2spOZfQ MORE USEFUL VIDEOS: o Tell us something about yourself OR Walk us through your resume https://www.youtube.com/watch?v=QfTNcEpMYRw o After Computer Engineering, why you wish to make career in Banking - Interview Question & Answer https://www.youtube.com/watch?v=y-LGU-kCZBI o Discuss your views about the changes in Banking Scenario - Bank Interview Question and Answer https://www.youtube.com/watch?v=9g9YHc69TP4 o What changes are required in the Banking Industry - Bank Interview Question & Answer https://www.youtube.com/watch?v=e5LRuUJ5ENw o To implement changes by Banks, share your recommendations? - Bank Interview Question & Answer https://www.youtube.com/watch?v=4fA1oJ5hhqo o Why do you want to join banking sector? - Bank Interview Question & Answer https://www.youtube.com/watch?v=bx_jZ0H5Phg o What is KYC? Why it is important? - Bank Interview Question & Answer https://www.youtube.com/watch?v=9PDzm9hOKpA o What are the documents required by banks for KYC compliance? - Bank Interview Question & Answer https://www.youtube.com/watch?v=VdTDknXBgxg o What are the functions of RBI? - Bank Interview Question & Answer • Sales Job Interview Questions and Answers https://www.youtube.com/watch?v=Y5F42ECHCxk • Important Job Interview Questions for Fresh Graduates https://www.youtube.com/watch?v=QVH9rs8W8l4 • Entry level interview questions for Accounts, Accounting, Finance Jobs https://www.youtube.com/watch?v=Kone-glRdRI • Commonly Asked Business School Interview Questions for MBA Entrance https://www.youtube.com/watch?v=XjTyUqPUTp4 • Entry Level Job Interview Questions and Answers for Engineers https://www.youtube.com/watch?v=pGHrJYGcD0s&t=20s • Tricky Brainteaser Job Interview Questions https://www.youtube.com/watch?v=Z79dqDLH_Qw FOR CAREER DEVELOPMENT SERVICES: • Interview Training: http://careersandmoney.com/interview-coaching/ • Career Counseling: http://careersandmoney.com/career-counselling/ • Executive Coaching: http://careersandmoney.com/executive-coaching/ • CV Making: http://careersandmoney.com/cv-writing-services/ Social Media Links • https://www.facebook.com/cvmaking • https://twitter.com/careersmoney Other useful links • http://www.cvmaking.com • http://acsjobs.in/content/page/corporate-training.php • http://cvmaking.com/modules/cms/about-the-ceo.php Do like | Do share and post your views. More videos coming soon. All the best ! wish you all the success careersandmoney Sundeep Kataria Since 1997 CVMAKING.COM -- a division of ACS CONSULTANTS offers dedicated: • Interview Coaching • Career Counseling • Executive Coaching • Personality Development • Professional CV Writing • Cover Letter Writing • CV Evaluation • Resume Flash Services to candidates all across India as well as many other English speaking countries. For more details of our services, click http://cvmaking.com/ or http://careersandmoney.com/ or contact us at [email protected] ABOUT SUNDEEP KATARIA Professionally he is a Management Consultant, Corporate Trainer, Motivational Speaker, Life Coach, Content Writer, Corporate Trainer & Author. Sundeep Kataria is highly educated and professionally qualified - MBA, Post Graduate Diploma in International Trade from Indian Institute of Foreign Trade (one of the top 10 B Schools in India). He has authored 4 books besides regularly writing many blogs and articles. CONTACT US FOR CONDUCTING OPEN WORKSHOPS AND IN -- HOUSE TRAINING PROGRAMS FOR A UNIQUE EXPERIENCE. Keep practicing with this video often, to sustain the benefits. Contact: Phone : (+91-11) 43022692, 43022693, 9873372726 #banking #bankinginterview #career #employment #jobopportunities #howtoprepareforinterview #mockinterview Image Credit: FreeDigitalPhotos.net and Pixabay.com
Views: 449149 Careers and Money
Thakshilava : International Trade
 
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International trade is the exchange of goods and services between countries. This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events. Here, two Senior Economists from the Central Bank of Sri Lanka discuss on the International Trade in Sri Lankan context.
Views: 243 CBSLvideo
Who We Are - Axios Credit Bank
 
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Axios credit bank is an International bank that offers custom-tailored financial services to individuals and businesses. We offer highest quality personalized banking services like online banking, trade finance, Axios escrow services, business finance, import finance, export finance, letter of credit and many more. The Axios Credit Bank has a long and diversified experience in trade finance and business banking and the axios credit bank aim to serve the best banking services to those who want to trust us with their financial solutions and are interested in developing sustainable business relations. What we are offering - Offshore Banking Business Banking Trade Finance Escrow Services Currency Exchange Online Banking Import/Export Finance Services Private Banking Services Letter of Credit Services It has now become quite essential for an individual to take all the safety measures while using the banking services internationally. Axios credit bank helps you get most suitable premium and corporate business solutions for your needs. If at any time you would like to consult anything about our services then you can mail us or visit our official website axioscreditbank.com. Get in Touch with us - https://www.axioscreditbank.com/ https://twitter.com/axioscreditbank https://www.linkedin.com/company/axios-credit-bank/ https://medium.com/@axioscreditbank/ Contact No. - +603 9134 6635 Mail - [email protected] Help us caption & translate this video! https://amara.org/v/kgbL/
Views: 399 Axios Credit Bank
Trade Finance Services at Adam Smith Associates Pvt. Ltd.
 
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Adam Smith Associates Pvt Ltd is one of India's leading Trade Finance Company, performing business of arranging trade finance and providing consultancy, advisory, structuring and management services relating to trade finance transactions. One of its main expertise is in commodity trade finance. Adam Smith Associates work hand in hand with Indian and International corporations and banks to manage complex trade finance structures. Its corporate office is located in New Delhi - the capital of India, while one of the branch is at Indore. Internationally its affiliates are based in Singapore, Dubai, Hong Kong, Tokyo and Nigeria. The Adam Smith Associates® Advantage • Track record of over 20 years. • Strong transactional support to corporates and banks. • Seamless execution. • Strong partnerships with corporates, banks and trading companies. • Pioneer of various financing structures pivoted on trading of commodities. • Customized and personalized solutions. • Highest confidentiality standards. • Global network. As a part of governance, Adam Smith Associates Pvt. Ltd. assist clients to comply with all relevant regulations such as: FEMA Foreign Trade Policy (FTP) FDI Policy Customs Law Negotiable Instrument Act, 1881 Environment (Protection) 1986 Banking Laws and Regulations Adam Smith Associates Pvt. Ltd. is a member of; International Chamber of Commerce (ICC), India The Confederation of Indian Industry (CII), India Indo-German Chamber of Commerce Adam Smith Associates Pvt Ltd offers a wide range of Trade Finance services to business owners and banks. By seeking our sound financial information, we believe you will be better able to identify your goals and make sound decisions, to help you reach these goals. Know more at www.adamsmith.tv
What is Trade Finance - Letter of Credit Trade Finance using Blockchain Services
 
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What is Trade Finance and how can Blockchain help? Discover the benefits of blockchain services in trade finance and how blockchain technology is impacting efficiency and performance in the industry. Visit us now. - https://lti.co/rvJm5XJ Trade finance relates to the process of financing certain activities in areas of commerce and international trade. Trade finance includes products such as lending, issuing letters of credit, factoring, export credit and insurance. It involves manual processes & there is a risk of documentary frauds. The video demonstrates how blockchain makes the process transparent to all participants and removes the opportunities of frauds. So how does trade finance help? Our Expertise - It is evident that Blockchain is an opportunity for organizations across industries to transform themselves. In wake of probable disruptions, firms that adjust their business models accordingly, stand to reap greater benefits such as increased transparency, reduced costs and greater time efficiencies. As a leading IT Services Provider, LTI is collaborating with several of the leading organizations from across industries to identify and build DLT-powered solutions, tailored to their specific business needs. We invite you to partner with us in this journey, to collectively build business solutions and spearhead the digital disruption brought about by the Blockchain Technology. LTI’s Trade Finance Cognitive Automation solution brings in a paradigm shift to the handling of documents in the Trade Finance world. It eases and speeds up document verifications with NLP-based entity extractions and guided validations. This solution helps in cognitive OCR extraction of Trade Finance product-related entities from unstructured documents. It also enables in assisted validation and screening of entities for automated compliance checks. With granular process visibility, real-time alerts & reporting dashboard, LTI’s Trade Finance Automation solution makes document handling simple and convenient. Key Highlights: Leverage pre-built dictionaries & vocabularies of the bank for sanctions screening. Solution leverages NLP & continuous learning so that the system adapts to new information. Assisted operations integrate to the existing process and improve efficiencies. Product agnostic solution, and can be customized and integrated to the environment. Benefits: 1.Comprehensive and continuous learning brings consistency to the process & results, leveraging codification of knowledge. 2. ~20% to 35% reduction in TAT for information extraction, review and validation. 3. Timely alerts, resulting in penalties avoidance. Solving for Client Challenges across Industries - 1. Sovereign identity management solution for a large financial services company to reduce the cost of client onboarding, and create a user centric ecosystem. 2. Micropayments solution to enable new revenue streams for Media Houses, from pay-per-view transactions. 3. Trade finance solution for a leading bank to reduce the trade cycle time and cost. 4. Global raw material marine shipment process for a CPG Major to enhance visibility and accountability in the supply chain. 5. Asset registration and tracking for a government agency to safeguard buyers’ and sellers’ interests. Reach us at [email protected] or drop a comment in the comment's section below and we shall get back to you in the soonest possible time. Follow us: LTI on Twitter: @LTI_Global LTI on LinkedIn: https://www.linkedin.com/company-beta/4500/ LTI on FaceBook: https://www.facebook.com/LarsenToubroInfotech/ LTI on Google Plus: https://plus.google.com/+LarsenToubroInfotechLtd
International Trade
 
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Zions Bank is the only bank in the intermountain west with local international banking offices. Find out how our experienced senior international bankers can help you establish the banking services you need to successfully conduct business overseas.
Views: 244 ZionsBank
Best commodity trade finance solutions, services & facilities
 
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Best commodity trade finance solutions, services & facilities Interview with Dario Berta ________________________________________­______________________ Caputo & Partners AG - Swiss Banking Lawyers ⇨ No hourly fees, flat & success-fee ⇨ Multilingual service ⇨ 24/7 support ⇨ First consultation free ⇨ 20 years of experience ________________________________________­______________________ CONTACT DETAILS ☎ 0041 44 212 44 04 (SWITZERLAND) ► Website: http://www.swiss-banking-lawyers.com/ ► Facebook: https://goo.gl/TB6CKI ► Google+: https://goo.gl/dhRxa0 ► LinkdIn: https://goo.gl/KIjzNN ► Twitter: https://goo.gl/qg9iCK
Banking and Finance for Trade.wmv
 
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Banking and Finance for International Trading houses by MasterCredit Banking Solutions Pvt. Ltd. India. 01. Exports. a. Pre-Shipment. b. Post Shipment. c. Forfaiting. d. Factoring. 02. Imports. a. Buyers Credit. 03. Global Banking Solutions. a. Banking Facilities for Clients and their ventures world-wide. Contact : [email protected] +91 9819929993 +91 9819030740
Views: 206 mastercreditbanking
Cash management and trade finance for financial institutions, with Marcus Sehr & Daniel Schmand
 
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The Banker Masterclass: Cash management and trade finance for financial institutions, with Marcus Sehr & Daniel Schmand Global economic update and market trends - Trade finance and cash management products: demand trends - Providing an integrated service. More information: https://www.db.com/gtb
Views: 9394 Deutsche Bank
Trade Finance
 
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Certificate program in Trade Finance Prep program for exams conducted by IIBF and for CTF program.
Views: 17960 BFSIacademy.com
Bill Discounting - Explained in Hindi
 
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Bill Discounting or Discounting of Bills of Exchange is explained with example in hindi. What is bill discounting meaning? Conditions imposed by a bill discounting bank. How funds can be raised by a Payee based on Bill of Exchange or Promissory Note? Related Videos: Bill of Exchange - https://youtu.be/qcpkS1tpsFk Promissory Note - https://youtu.be/Rh2GkMpJ7vU बिल डिस्कॉउंटिंग या डिस्कॉउंटिंग ऑफ़ बिल्स ऑफ़ एक्सचेंज को इस वीडियो में उदाहरण के साथ समझाया गया है। बिल डिस्कॉउंटिंग का क्या मतलब होता है? बिल डिस्कॉउंटिंग बैंक द्वारा क्या शर्तें लगायी जाती हैं? बिल ऑफ एक्सचेंज या प्रोमिसरी नोट के आधार पर पेयी द्वारा फंड्स कैसे रेज किये जा सकते है? Share this Video: https://youtu.be/PXzGqEL1RfQ Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is bill discounting or discounting of bills of exchange? What is the concept of discounting of bills? Why discounting of bills of exchange is used? What is the meaning of bill discounting? How the concept of bill discounting works? How bill discounting is used in international trade? How funds can be raised based on bill of exchange or promissory note? What conditions are imposed by bill discounting bank? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Twitter - http://twitter.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Pinterest - http://pinterest.com/assetyogi/ Instagram - http://instagram.com/assetyogi Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Hope you liked this video in Hindi on “Bill Discounting - Bills of Exchange”.
Views: 22859 Asset Yogi
Exporting Insights: Standby Letter of Credit - Commercial Banking Services
 
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In this video, you will learn about standby letters of credit also known as bank guarantees. Standby letters of credit are a way the buyer shows the exporter that payment will be made in full. Standby letters of credit are more often used for payment guarantees, but may be used for payment terms. Guest speaker: Scott A. Conrad, Vice President of International Trade Finance of M&T Bank,
Banking Explained – Money and Credit
 
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Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives? The music from the video is available here! http://epicmountainmusic.bandcamp.com/track/banking http://soundcloud.com/epicmountain/banking http://www.epic-mountain.com Visit us on our Website, Twitter, Facebook, Patreon or Behance to say hi! http://kurzgesagt.org https://www.facebook.com/Kurzgesagt https://twitter.com/Kurz_Gesagt http://www.patreon.com/Kurzgesagt http://www.behance.net/Kurzgesagt Banking Explained – Money and Credit Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Exporting Insights: Introduction to Commercial Banking Services
 
02:39
In this video, you will learn how banks get involved in the import/export process. Scott talks about how banks insure payment for importers and exporters through standby letters of credit and documentary collection. He also discusses export insurance through private companies, as well as through Exim Bank. Guest speaker: Scott A. Conrad, Vice President of International Trade Finance of M&T Bank
Innovative Business at Baylor: International Trade Theory Meets Banking
 
00:46
David VanHoose, professor of Economics, found that how banks make decisions about loans and deposit services contribute to the flow of funds across international borders.
Merchant Bank
 
01:01
A #MerchantBank is a company that deals mostly in international finance, business loans for companies and underwriting. These banks are experts in international trade, which makes them specialists in dealing with multinational corporations. A merchant bank may perform some of the same services as an investment bank, but it does not provide regular banking services to the general public.
Views: 5397 Ch. Hardeep Singh
Trade Finance
 
01:27
We provide a full range of trade finance services including letters of credit, guarantees and bill discounting covering inland, export and import trading.
Views: 698 I&M Bank Ltd
Letters of Credit - What is a Letter of Credit (Trade Finance Global LC Guide)
 
06:27
Visit https://www.tradefinanceglobal.com/letters-of-credit/ for the TFG Letter of Credit Guide A Letter of Credit is relevant where there is an exporter and an importer; and there needs to be prepayment or a confirmation of payment in order for goods to be shipped. A letter of credit is an instrument from a bank, which guarantees a buyer's payment to a seller if certain criteria are met. If the buyer can’t pay up, due to the agreed contract through the Letter of Credit, the bank will cover the remaining price. Letters of Credit are fundamental components of international trade. They’re governed universally by a set of guidelines called the UCP 600, which are issued by the International Chamber of Commerce. An LC is a promise written on a legal document that comes from a bank with a promise to pay the holder if the holder fulfills certain obligations. Obligations include payment when the goods are shipped if certain criteria are met. A Letter of Credit is usually used when the buyer and seller do not know each other well and this is why it is used so frequently in international trade. Letters of Credit are incredibly specific and a close attention to detail is required. If there is a misspelling in the contract, for example, the name of the goods is incorrectly spelt, there may be non-payment until a new, corrected LC is issued and accepted.
Views: 67859 Trade Finance Global
Corporate transaction banking
 
01:02:45
Corporate transaction banking: how payments & cash management, trade finance and receivables finance shape the future of corporate banking
Views: 5816 SibosTV
Cloud Financial Supply Chain
 
02:51
Growing trend that banks are facing within their international trade operations is the real threat of disintermediation as importers and exporters become increasingly reluctant to pay the high costs of a Letter of Credit (LC) which are forms of payment for international transactions. Instead, customers are shifting from LC's to open accounts, where payments are made directly between buyers and sellers. In response, the banks are expanding their role thru providing international trade services. Banks are beginning to offer their customers extended trade services that cover Information technology, financial information, payment processing, as well as general supply chain collaboration services. As a result, banks' trade services are growing faster, at a rate of 8% annually, as compared to the LC business which is only growing at a 3% rate.
2013 The Americas Business Forum - Export & Trade Finance
 
15:39
Moderator: Susana Cam, Vice President, International Banking & Structured Trade Finance, City National Bank Panelists: David Josephson, Regional Director, Export -- Import Bank; Martin Selander, Regional Manager, U.S. Small Business Administration and Donald Kurtz, Vice President, International Trade Services, City National Bank
Emerging Markets and Working Capital I Expert Solutions I HSBC Commercial Banking I HSBC Bank Canada
 
02:18
HSBC Canada: http://www.hsbc.ca In emerging markets, domestic business rules often do not apply, particularly when it comes to working capital. Terms of trade differ from country to country, so importers and exporters need solutions that reduce risk, preserve capital, and increase sales. Join HSBC experts Reesa Balinsky-Shurgold (Assistant Vice President - Global Trade and Receivables Finance at HSBC Canada) and Francis So (Head of Corporate Banking at HSBC Macau) as they outline HSBC's solutions for emerging markets and working capital. Learn more: http://www.hsbc.ca/1/2/business/international/trade-supply/import-services http://www.hsbc.ca/1/2/business/international/trade-supply/export-services
Views: 65244 HSBC Canada
Globalization and Trade and Poverty: Crash Course Economics #16
 
09:02
What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 666103 CrashCourse
Niryat Mitra app for international trade launched
 
01:02
Niryat Mitra app for international trade launched ------------------------------------------------------------------------------------------------------------- ‘DD News’ is the News Channel of India's Public Service Broadcaster 'Prasar Bharati'. DD News has been successfully discharging its responsibility to give balanced, fair and accurate news without sensationalizing as well as by carrying different shades of opinion. Follow DD News on Twitter (English): https://twitter.com/ddnewslive Twitter (Hindi):https://twitter.com/DDNewsHindi Facebook: https://www.facebook.com/DDNews Visit DD News Website (English): www.ddnews.gov.in Visit DD News Website (Hindi): http://ddnews.gov.in/hi/
Views: 502 DD News
Financing Export Sales using L C s, Credit Insurance, Factoring and Forfaiting
 
01:16:40
Join Walter (Buddy) Baker, Vice President and head of Global Trade Solutions Delivery for Fifth Third Bank, and learn how to better negotiate and structure commercial sales into foreign markets in order to simultaneously increase sales, limit risks, and improve cash flow and balance sheet ratios. Examine tools that enable otherwise intolerable transactions by limiting payment and performance risks and tapping funding sources that are specifically designed for export sales. This session explains the motives of the seller, the foreign buyer, and the seller's bank and then compares structures in order that attendees can craft an appropriate structure for each transaction they encounter. - Differentiate among various trade-facilitating and credit-enhancing tools (e.g. commercial & standby letters of credit, factoring, forfaiting, credit insurance) - Understand how Treasury/Credit can be an integral partner and resource to Sales and Marketing - Learn what products and services to look for from the bank that finances your domestic and international sales and how to choose the right bank for your company - Use tools that simultaneously provide foreign customers with more competitive payment terms while improving cash flow to the company and reducing risks - Minimize payment risks in emerging and developing markets
Views: 1894 Credit2B
How to apply trade finance instruments for business?
 
20:57
Euro Exim Bank is a revolutionary financial institution with a ‘Class A’ international banking license from Financial Services Regulatory Authority of St. Lucia and a member of the Caribbean Association of Banks. We have established offices in London and St. Lucia. We serve clients and businesses involved in cross-border transactions with a range of financial instruments and specialised services ; | Instant Letters of Credit | Corporate & Personal Bank Accounts | Letters of Credit | Stand-By Letters of Credit | International Wire Transfers | Bank Guarantees | Pre-paid Master Cards | SWIFT Relay Services | Corporate Banking | Trade Credit Lines Euro Exim Bank's processes are meticulously designed using state-of-the-art technology, enabling our clients to experience the bliss of convenience and cost-effective products and services. Our team of experts are highly trained to adhere to regulations and policies. They ensure that clients are treated with professionalism and respect of the highest order. Having the Class “A” St. Lucia International Banking Licence provides us with a transparent banking ethos, allowing us to conduct business with third parties irrespective of their industry or sector. The Licence’s maintenance obligations require strict adherence to St. Lucia’s Financial Services Regulatory Authority protocols that safeguard the bank’s operations and clients’ transactions. International trade is inevitably volatile, and we understand our clients need to be ahead continually to benefit from their transactions in a secured manner. Focusing on this requirement, we aim to be your trusted partner, connecting you to new opportunities and empowering your businesses to thrive in today's competitive world. Visit:https://www.euroeximbank.com/ Apply Trade Finance Instruments: https://www.euroeximbank.com/financial-instrument-application-form/
Views: 606 Euro Exim Bank
Banks team with IBM for blockchain powered trade finance
 
02:45
Digital technologies such as blockchain, APIs and cloud are empowering new innovative business models in the banking industry. Learn how multiple banks have joined together in a consortium to use a digital trade chain to provide efficiency, transparency and security enabling expansion of trade financing to a growing network of small and medium enterprises. Discover how IBM Blockchain, IBM API Connect and IBM MQ support the digital trade chain. LINKS What is blockchain?: https://ibm.co/2O2kUvT Get a free guide to getting started with blockchain: https://ibm.co/2O3c015 IBM Blockchain Platform Starter Plan: https://ibm.co/2vyHdSr Develop. Govern. Operate a blockchain network: https://ibm.co/2Kjp1Bs #Blockchain #Banking #FinTech
Views: 1255 IBMBlockchain
Pre-Shipment Loans export loan
 
06:13
EXIM Bank provides financial assistance for Indian Exports Indian Imports Pre shipment credit and promoting foreign trade of India.you get export credit for Pre Shipment and Post-Shipment finance; Letters of Credit for facilitating trade; You can get loans in foreign currency (export credit and buyers credit) for reducing forex risk and lower borrowing costs.
Views: 2039 Exim Mantra
ADB's Trade Finance Program
 
03:58
How does ADB's Trade Finance Program work and what role does it play in boosting economic growth in Asia and the Pacific?
International Trade Finance COM A
 
01:59
International Trade Finance (COM) A At TBA For more information: https://www.eventbrite.com/e/international-trade-finance-com-a-tickets-43248190502?aff=RMV DESCRIPTION ================ International Trade Finance This is an intensive 2-day primer for banking & financial professionals on International Trade Finance. This course has been tailored for professionals in banking, commerce, and trade & industry who need to gain a closer understanding of International Trade Finance. The course provides a comprehensive foundation for understanding all aspects of International Trade Finance in a global context, covering the key principles, concepts, infrastructures, practices, issues, and current developments. Learning Objectives: ===================== The course includes critical subject material on, among others: The underlying operations and processes in the international trade environment Foreign exchange & currency principles How trade finance is provided Trade finance instruments Open Account Payment/ Cash in Advance Documentary Collections Documentary Credits For more information: https://www.eventbrite.com/e/international-trade-finance-com-a-tickets-43248190502?aff=RMV Who will Benefit: ==================== The course will be of value to professionals in the following areas: Commercial bankers from front/middle/back offices Commercial bankers dealing with the Forex market International division bankers Trade finance supervisors and managers Trading company managers, senior and operations staff Risk managers and risk management officers Trading company, multinational corporate & treasury staff Internal & External Auditors Central Bank and Monetary Authority regulators SPEAKER Richard Barr Richard Barr Operational Risk & Back Office Specialist Richard Barr holds a B.S. in International Business Administration from San Jose State University in California. His professional experience spans over 23 years, 5 of which were spent with Wells Fargo Bank. Another 5 were spent honing his global banking skills, when Richard was intimately involved with International Trade Finance, Real Time Gross Settlement and Cross-Border Banking. The past 14 years have been in the private and high-tech sectors providing high-level consulting services, business analysis, project management and training to a wide range of banking clientele across the globe. Richard has also filled the role of advisor to central banks on payment systems and technical payments issues. Furthermore, key staff members from the Bank of England, South African Reserve Bank, Central Bank of Ireland, Bank Indonesia, European Central Bank and Bank of Portugal have attended training sessions presented by Richard. Please contact the event manager Marilyn below for the following: - Discounts for registering 5 or more participants. - If your company requires a price quotation. Event Manager Contact: marilyn.b.turner(at)nyeventslist.com You can also contact us if you require a visa invitation letter, after ticket purchase. We can also provide a certificate of completion for this event if required. ---------------------------------- For more information: https://www.eventbrite.com/e/international-trade-finance-com-a-tickets-43248190502?aff=RMV Eventbrite: https://www.eventbrite.com/o/event-promotions-by-new-york-events-list-11118815675 Twitter: https://twitter.com/nyeventslist Facebook: https://www.facebook.com/NewYorkEventsList New York Events List: http://nyeventslist.com/
Entirely different Banking - Head of Sales Support in Trade at Volkswagen Financial Services AG
 
01:12
"Hello, Volkswagen Bank direct, my name is Barbara Rosner, how can I help you?" Barbara Rosner talks about her professional career and the opportunities offered by an international company. Would you also like to work for a company with many opportunities for development? Find out more at http://vwfsag-karriere.de/en/employer/career-opportunities.html
Views: 431 vwfsag
Florida SBDC International Trade Services
 
00:41
Learn how the Florida SBDC Network has helped businesses start-up, create jobs, export goods and services, build or expand a business plan, grow capital, obtain government contracts, and create revenue for the State of Florida. ===================================== Florida SBDC Network Helping Businesses Grow & Succeed http://www.FloridaSBDC.org ===================================== Youtube: http://goo.gl/fqI7sa Facebook: http://goo.gl/QuHNw5 Twitter: http://goo.gl/Ek8fHk Linkedin: http://goo.gl/l3Plo0 iTunes:http://goo.gl/2CiFws ======================================= Click here to Subscribe and see more videos: http://goo.gl/T5Pm9Z
Exporting Insights: Potential Pitfalls - Commercial Banking Services
 
03:47
In this video, you will learn common mistakes made by small companies while exporting. Common mistakes include underfinancing, misunderstood letters of credit, and last minute planning. Guest speaker: Scott A. Conrad, Vice President of International Trade Finance of M&T Bank
UniCredit's @GlobalTrade Multi-bank Advantage (10:44)
 
10:45
Description: Markus Wohlgeschaffen, Managing Director and Head of Global Trade Finance & Services Global Transaction Banking, UniCredit explains how GTC's multi-bank trade finance technology gives the bank a competitive advantage in the market and answers the needs of key corporate clients. - Understanding What Customers Need - What problems did the @GlobalTrade Platform solve for EADS, Nordex and other UniCredit clients? - Why did Daimler select UniCredit's @GlobalTrade Multibank Platform for managing Export Documentary Credits and Export Documentary Collections? - What made Elster Group adopt UniCredit's @GlobalTrade concept? - What competitive advantage does the @GlobalTrade Platform give UniCredit? - UniCredit wins Italian Innovation in Banking Services Award for @GlobalTrade - What are UniCredit's clients saying about @GlobalTrade technology?
International Trade Finance (com) A
 
01:59
International Trade Finance (com) A For more information: https://www.eventbrite.com/e/international-trade-finance-com-a-tickets-38869709347?aff=RMV DESCRIPTION *********** International Trade Finance This is an intensive 2-day primer for banking & financial professionals on International Trade Finance. This course has been tailored for professionals in banking, commerce and trade & industry who need to gain a closer understanding of International Trade Finance. The course provides a comprehensive foundation for understanding all aspects of International Trade Finance in a global context, covering the key principles, concepts, infrastructures, practices, issues, and current developments. Learning Objectives: ********************* The course includes critical subject material on, among others: The underlying operations and processes in the international trade environment Foreign exchange & currency principles How trade finance is provided Trade finance instruments Open Account Payment/ Cash in Advance Documentary Collections Documentary Credits Seminar Fee Includes: ********************* Lunch AM-PM Tea/Coffee Seminar Material Attendance Certificate $100 Gift Cert for next seminar Pre- and post-shipment finance International payments CHIPS Correspondent Banking CLS and its role in settling international trade payments Supply Chain Finance Operating Examples of Various Trade Finance Instruments This course will be of especial interest to banking & commercial professionals who wish to expand their knowledge base enhance their expertise and advance their careers into the international trade finance arena. For more information: https://www.eventbrite.com/e/international-trade-finance-com-a-tickets-38869709347?aff=RMV Who will Benefit: ***************** The course will be of value to professionals in the following areas: Commercial bankers from front/middle/back offices Commercial bankers dealing with the Forex market International division bankers Trade finance supervisors and managers Trading company managers, senior and operations staff Risk managers and risk management officers Trading company, multinational corporate & treasury staff Internal & External Auditors Central Bank and Monetary Authority regulators Teaching Method: **************** This is a highly interactive course is comprised of a combination of prepared tuition, presentations, case studies, multidirectional discussions and comprehensive exercises. Most importantly it will offer participants, opportunities to plan such work within small working groups, providing practice in the application of the techniques and tools generating active participation. -------------- SPEAKER -------------- Richard Barr Operational Risk & Back Office Specialist Richard Barr , holds a B.S. in International Business Administration from San Jose State University in California. His professional experience spans over 23 years, 5 of which were spent with Wells Fargo Bank. Another 5 were spent honing his global banking skills, when Richard was intimately involved with International Trade Finance, Real Time Gross Settlement and Cross Border Banking. The past 14 years have been in the private and high-tech sectors providing high-level consulting services, business analysis, project management and training to a wide range of banking clientele across the globe. Richard has also filled the role of advisor to central banks on payment systems and technical payments issues. Furthermore, key staff members from the Bank of England, South African Reserve Bank, Central Bank of Ireland, Bank Indonesia, European Central Bank and Bank of Portugal have attended training sessions presented by Richard. Please contact the event manager Marilyn below for the following: - Discounts for registering 5 or more participants. - If your company requires a price quotation. Event Manager Contact: marilyn.b.turner(at)nyeventslist.com You can also contact us if you require a visa invitation letter, after ticket purchase. We can also provide a certificate of completion for this event if required. ---------------------------------- For more information: https://www.eventbrite.com/e/international-trade-finance-com-a-tickets-38869709347?aff=RMV Eventbrite: https://www.eventbrite.com/o/event-promotions-by-new-york-events-list-11118815675 Twitter: https://twitter.com/nyeventslist Facebook: https://www.facebook.com/NewYorkEventsList New York Events List: http://nyeventslist.com/
HSBC Trade Academy | Post shipment buyer loan also known as clean import loans
 
02:37
Post-shipment Buyer Loans could help anyone who buys goods or services as part of their business. The loans (also known as Clean Import Loans) can provide a way to bridge the cash-flow gap between paying your suppliers goods or services and receiving payment from your buyers. This film offers a short introduction to Post-Shipment Buyer Loans, how they work and what they can do for your business. HSBC offers the global solutions that help you to trade with confidence and finance your business. Our Trade Academy learning programme has been designed to demystify trade and help you to navigate the world of trade finance.
Views: 480 HSBC
letter of Credit | Lc | letter of credit meaning | letter of credit basics
 
03:56
In this tutorial we explained about letter of credit procedure in hindi how does letter of credit work | letter of credit negotiation Letter of Credit | standby letter of credit An arrangement whereby a bank, acting at the request of a customer, undertakes to pay a third party by a given date according to agreed stipulation and against presentation of documents, the counter–value of goods or services dispatched / supplied, rendered or otherwise or Documentary Credits like a “Letter of Credit” or “L/C” is the most preferred form of payment for goods in international trade as it solves issues of mutual mistrust by using banks as arbiters For More such videos Please subscribe our channel click https://goo.gl/yNw13g You can follow us on facebook click https://goo.gl/i5AieP Related videos Link How to Buy Share Onlie https://youtu.be/g8Eb1LVNXM0 What is Cnadle stick https://youtu.be/-Sjhv7h3IT8 Thanks for watching this video. What is forex trading https://youtu.be/9q3oJN1zqYg What is Future and options https://youtu.be/A9FNzW-Zgdc What is candlestick Chart https://youtu.be/-Sjhv7h3IT8
Views: 52769 Fin Baba
Money and Finance: Crash Course Economics #11
 
10:36
So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It acts as a store of value, a medium of exchange, and as a unit of account. Money isn't just bills and coins. It can be anything that meets these three criteria. In US prisons, apparently, pouches of Mackerel are currency. Yes, mackerel the fish. Paper and coins work as money because they're backed by the government, which is an advantage over mackerel. So, once you've got money, you need finance. We'll talk about borrowing, lending, interest, and stocks and bonds. Also, this episode features a giant zucchini, which Adriene grew in her garden. So that's cool. Special thanks to Dave Hunt for permission to use his PiPhone video. this guy really did make an artisanal smartphone! https://www.youtube.com/watch?v=8eaiNsFhtI8 Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 698301 CrashCourse