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Trade Finance, Letters of Credit, & Foreign Exchange

March 5 @ 8:30 am - 4:30 pm

$350

Training Description

This course covers how importers and exporters identify financial risks and use the appropriate method of payment including: letters of credit, cash in advance, documentary collection, and open account. Various economic risks such as exchange rate fluctuations are also discussed. This course introduces you to the basics of Letters of Credit; and review the purpose and function of the UCP 600 rules. In addition, discover six tips for reducing the costs of L/Cs and understand which payment terms work best with each Incoterm.

Recommended For

This training is recommended for personnel involved in payments or financing.

Prior Knowledge

It is recommended that every participant take the Incoterms course. If you cannot attend the Incoterms course in-person, it is also available to take anytime online here.

Instructors

Roy Becker, Roy Becker Seminars – Roy has over 30 years experience working in the international departments of several banks, where he assisted importers and exporters with the intricate banking needs associated with international trade. After 34 years in the corporate world, Roy made the decision to take his expertise beyond banking and provide training to others around the country who are involved in international trade.

Bryson Patterson, U.S. Small Business Administration – Bryson is an Export Finance Specialist at U.S. Small Business Administration. Bryson is responsible for assisting lenders and small businesses in several states like Colorado, New Mexico, Utah and Wyoming to access SBA Export Loan Programs.

Kurt Gerwitz, AFEX –  Kurt works in International Finance for Associated Foreign Exchange (AFEX). Before earning his MBA in Finance and International Business from Tulane’s A.B. Freeman School of Business, he worked in education, sales, and corporate training in negotiations. He has taught Finance and Investments at Tulane, has served on the board of several non-profits, and volunteers with the World Trade Center Denver’s Immigrant Program. He’s studying for his Chartered Financial Analyst (CFA) designation and was honored with New Orleans’ City Business Money Makers Award in 2018.

Training Hours

This training counts for 8 hours towards the Certificate in International Trade.

WTC Denver Members

If you are interested in attending this event using one of your membership’s free training credits, please contact Katie Pagano at 303-592-5378 or katie.pagano@wtcdenver.org.

Dietary Restrictions

A Continental breakfast and lunch will be served. If you have certain dietary restrictions, please contact Katie Pagano at 303-592-5378 or katie.pagano@wtcdenver.org.

**The registration fee is nonrefundable within 7 days prior to the training.  Participant substitutions can take place at any time.**

Venue

World Trade Center Denver
2650 E. 40th Ave.
Denver, CO 80205 United States
Phone:
(303) 592-5760
Website:
wtcdenver.org

Organizer

World Trade Center Denver
Phone:
(303) 592-5760
Website:
http://www.wtcdenver.org/