FUNDAMENTALS OF INTERNATIONAL BANKING
Course
In Kolkata
Price on request
Description
-
Type
Workshop
-
Location
Kolkata
Facilities
Location
Start date
Kolkata
(West Bengal)
See map
BE-337, Sector 1, Salt Lake City, 700064
Start date
On request
Reviews
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Course programme
The programme covers the entire gamut of foreign exchange business. It
provides and insight into the mechanisms of international remittances, the
NY clearing systems, CHIPS, CHAPS, the rules for 'collection' and
'immediate deposits', how Nostro & Vostro accounts work, correspondent
banking, exchange rate mechanism, various definitions, cross-rates,
forward contracts, swaps, options, trade finance options, the untold story
about transaction pricing and methods for profit maximisation. Very useful
for everyone who wants to have an in-depth understanding of the mechanisms
of international banking business.
COURSE CONTENT:
Mechanics of international banking
Remittance techniques
Correspondent banking
Clean instruments
Pricing of products and services, cost control
Reconciliation of Nostro accounts
Exchange rate mechanism, definitions, structures,
Exchange profit calculation
Dealing room and Treasury operations
Forward contracts, Swaps, Futures and Options
RBI and FEDAI guidelines for dealing room operations
Risk management in international banking
Documentary Credit and trade finance: UCP 600, analysis of key clauses, UCP 500 & UCP 600 compared
Financing international trade
Overview of ICC Rules viz., ICC 522, ICC 725, ISBP 681, ISP 98
COURSE CONTENT:
Mechanics of international banking
Remittance techniques
Correspondent banking
Clean instruments
Pricing of products and services, cost control
Reconciliation of Nostro accounts
Exchange rate mechanism, definitions, structures,
Exchange profit calculation
Dealing room and Treasury operations
Forward contracts, Swaps, Futures and Options
RBI and FEDAI guidelines for dealing room operations
Risk management in international banking
Documentary Credit and trade finance: UCP 600, analysis of key clauses, UCP 500 & UCP 600 compared
Financing international trade
Overview of ICC Rules viz., ICC 522, ICC 725, ISBP 681, ISP 98
FUNDAMENTALS OF INTERNATIONAL BANKING
Price on request