This class exists in these courses :
• Faculté de Gestion, Economie & Sciences - Masters - Master 2 International Management - S3 - 2 ECTS

Prerequisites

Students that are following FINANCING OF INTERNATONAL TRADING must know the first part of INTERNATIONAL CURRENCY. This lesson is given during the first MASTER or INTERTIONAL CORPORATE MAANAGEMENT.

Learning outcomes

To be able to manage the finance of IMPORT and EXPORT of corporates.

Course description

PAYMENT MODES :cleans payments, drawing of commercial paper,, ordinary transfert, transfer by bank cheque,in home currency, in currency, SWIFT transfer and IBAN ( SEPA) ;

Payments against documents. The different documents : transports documents ( bill of lading enz), railway carriage, Air transport, Road transport : the insurance documents, the invoices.

The documentary remittance, against documents, against acceptance.

The DOCUMENTARY CREDIT, revocable, irrevocable, the usual realization modes - against payment, against acceptance - realization by negociation (special modes of realization- transferable, back to back, revolving, red clause ...)

Techniques of short-term financing of foreign trade :factoring, the bank acceptance, commercial acceptance - financing in EURO, and financing in currenties.

Mechanism of financing by acceptance at import.

Advances in currenties

Class type

Class structure

Teaching methods

Assessment

Contrôle continu : coeff. 1