This webinar deals with the various instruments used in international trade finance and will provide a comprehensive foundation for understanding all aspects of International Trade in a global context.
This webinar will be of especial interest to banking, business, and import/export professionals who wish to expand their knowledge base as well as enhance their expertise and advance their careers in or gain a deeper understanding of the international trade finance arena.
Trade finance deals with the various financial instruments and products used by firms to facilitate international trade and commerce. Trade finance makes it possible and easier for importers and exporters to transact business through trade. Trade finance covers many financial products that banks and companies utilize to make trade transactions feasible. This webinar examines the various instruments used in the international trade finance process.
This webinar looks at the underlying operations and processes in the international trade environment. We cover how trade finance works, the difference between pre- and post-shipment financing and the different forms/instruments of trade finance. Additionally we examine the key concerns in international trade in providing a safe channel for the transfer of ownership of the shipment in return for payment. This entails a comprehensive examination of the different payment instruments that are available to settle international trade transactions, including the processes, the advantages/disadvantages and the risks attached to each.
Stanley Epstein is a Principal Associate and Director of Citadel Advantage Ltd. Citadel Advantage works with banks, financial institutions and startups to make them safer and more profitable, through consulting and training in the banking and payments GRC (Governance, Risk Management and Compliance) areas.
Stanley has had more than 40 years of banking and IT experience, 33 of which were with the Standard Bank of South Africa. Additionally, over the years he has filled industry level roles, holding several key positions including that of Chairman of the Payment Association of South Africa (PASA) Risk Committee and representing South Africa at two sessions, in New York, of UNCITRAL (the United Nations Commission on International Trade Law).
He holds a Master Degree in Economics and a Bachelor of Commerce Degree (with Majors in Accounting and Economics), both from the University of South Africa, Pretoria.
Stanley has had extensive exposure to banking practice and banking operations in a number of countries including the USA, UK, South Africa, Europe and Australia. He has also acted as advisor to a number of central banks on payment systems, oversight, policy and payments risk issues.
More recently, he spent time in the high-tech sector as a payment systems designer and consultant to a global payments software developer.