Welcome to TradeFinance.training

A new era is emerging in the world of Trade Finance. Technology continues to transform the environment and reduce the need for paper. In such a world it is important to implement innovative training solutions.

Gary Collyer (ex-HSBC / Citibank / ABN Amro) and David Meynell (ex-Deutsche Bank) have joined forces in order to bring to market an online training solution for all aspects of trade finance. Between us we have over 70 years of knowledge and experience in the trade finance field and this has been applied in the development of a complete suite of trade finance modules.

Trade finance modules include all aspects of the processes and practices in relation to the traditional trade finance products i.e., Letters of Credit, Standby Letters of Credit, Guarantees and Documentary Collections.

There are also modules covering the processes and practices for topics such as Bank Payment Obligation, Supply Chain Financing and modules to support industry examinations such as CDCS and CITF. There is also a module covering Financial Crime, Fraud and Sanctions.

For corporate and logistics companies, there is a module covering the preparation of documents under the type of transactions described above, assessing the workability of letters of credit, guarantees and standby's, as well as how to complete the respective application forms when acting as applicant or preparing a draft text for issuance by a bank.

The training experience includes an online presentation of the subject matter, supporting reading material (PDF files that may be downloaded) and individual assessments. In addition, we offer each student the ability to raise with us any questions on the subject matter for a period commencing on the date of the first access to the training and concluding three months after completion of the assessment.

Recent News

eUCP Version 2.0 and eURC Version 1.0 available for download 25/06/2019

The ICC has now made available the above supplements to UCP and URC...more

The Global Supply Chain Finance Forum (GSCFF) issues new guidance document -Market Practices in Supply Chain Finance: Receivables Discounting Technique 25/06/2019

The Global Supply Chain Finance Forum (GSCFF) has released a new guidance document, ‘Market Practices in Supply Chain Finance: Receivables Discounting Technique’...more

Latest Question

1. A credit stipulates partial shipment not allowed and port of discharge: port A and / or port B Two sets of bills of lading are presented as follows: + B/L1: vessel name: Fairy, voyage 123, port of loading: port X, port of discharge: port A on board date 12/08/2019 + B/L2: vessel name: Fairy, voyage 234, port of loading: port X, port of discharge: port B on board date 14/08/2019 Partial shipment: Not violated, shipment date is 12/08/2019. Is that right? 2. A credit stipulates partial shipment not allowed and place of receipt: city X, place of destination: city A Two sets of road waybill are presented as follows: + Road waybill 1: truck licence number 222333, journey no.123, place of receipt: city X, place of destination: city A, receipt date 12/08/2019 + Road waybill 2: truck licence number.222333, journey no.234, place of receipt: city X, place of destination: city B, receipt date 14/08/2019 (a) Partial shipment: Violated, shipment date is 12/08/2019. Is that right? However, if the situation is similar as above, but the credit requests place of destination as city A or city B (b) Partial shipment: Not Violated, shipment date is 12/08/2019. Is that right? 3. A credit stipulates partial shipment not allowed, place of receipt: city X, place of destination: city A Only one set road waybill was presented as follows: + Road waybill : truck licence number 222333 and 4445555, journey no.123, place of receipt: city X, place of destination: city A, receipt date 12/08/2019 and 14/08/2019. Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 4. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Two sets of courier receipt are presented as follows: Courier receipt 1: stamped and signed by company E in Hamburg, Germany dated 12/08/2019, place of destination: Copenhagen, Denmark Courier receipt 2: stamped and signed by company Y in Hamburg, Germany dated 14/08/2019, place of destination: Copenhagen, Denmark Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 5. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Two sets of courier receipt are presented as follows: Courier receipt 1: stamped and signed by company E in Hamburg, Germany dated 12/08/2019, place of destination: Copenhagen, Denmark Courier receipt 2: stamped and signed by company E in Berlin, Germany dated 14/08/2019, place of destination: Copenhagen, Denmark Partial shipment: Not Violated, shipment date is 12/08/2019. Is that right? 6. A credit stipulates partial shipment not allowed, place of receipt: Hamburg, Germany, place of destination: Denmark Two sets of courier receipt are presented as follows: Courier receipt 1: stamped and signed by company E in Hamburg, Germany dated 12/08/2019, place of destination: Copenhagen, Denmark Courier receipt 2: stamped and signed by company E in Berlin, Germany dated 14/08/2019, place of destination: Copenhagen, Denmark Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 7. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Two rail waybills are presented as follows: Rail waybill 1: name of train: Express 123, wagon no.1, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 Rail waybill 2: name of train: Express 123, wagon no.2, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 14/08/2019 Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 8. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Two rail waybills are presented as follows: Rail waybill 1: name of train: Express 123, wagon no.1, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 Rail waybill 2: name of train: Express 234, wagon no.2, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 9. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Two rail waybills are presented as follows: Rail waybill 1: name of train: Express 123, wagon no.1, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 Rail waybill 2: name of train: Express 123, wagon no.2, place of receipt: Berlin station, Germany, place of destination: Horsens, Denmark, date of receipt: 12/08/2019 Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 10. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Only one set of rail waybill is presented as follows: Rail waybill: name of train: Express 123, wagon no.1, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 And Express 234, wagon no.2, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 11. A credit stipulates partial shipment not allowed, place of receipt: Germany, place of destination: Denmark Only one set of rail waybill is presented as follows: Rail waybill: name of train: Express 123, wagon no.1, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 12/08/2019 And Express 234, wagon no.2, place of receipt: Hamburg station, Germany, place of destination: Copenhagen, Denmark, date of receipt: 14/08/2019 Partial shipment: Violated, shipment date is 12/08/2019. Is that right? 12. A credit stipulates partial shipment not allowed, place of receipt: Hamburg city, Germany, port of loading: Copenhagen port, Denmark, port of discharge: Busan port, Korea I understand that the main journey is sea transportation, so principle of determining partial shipment will be applied as ocean bill of lading. The journey from Hamburg city, Germany to port of loading: Copenhagen port, Denmark will not be considered. Is that right?