FIBA eLearning Now Includes International Trade Finance
Miami, FL (USA), May 2010 - Faced with limited resources, a growing list of training needs, and financial professionals who are on the road a good part of the time, banks are increasingly looking to their trade associations for eLearning solutions. The Florida-based trade association of international banks FIBA offers over 700 eLearning courses, with the latest addition being the new International Trade Finance course.
Based on a series of modules that cover eight of the most important areas of trade finance, the online course covers export letters of credit, standby letters of credit, structuring and monitoring trade loans, and international payment terms.
"In order for the banking industry to accompany the anticipated growth in U.S. exports over the next five years, we will need to train more professionals in the field and enhance the skills of those already in the business-, explains Patricia Roth, FIBA's Executive Director. "This online course fits both the academic needs and the demanding work schedules of financial professionals who travel or who don't have 'in-person' access to quality training courses."
Offered in both English and Spanish, the course has seen high demand. To complement the Fundamentals of International Trade and Finance, a second new course is now available through eLearning - the UCP 600. The UCP 600 deals with the mechanics of the letter of credit, one of the basic tools of export finance.
FIBA also offers a certification program in Anti-Money Laundering through its FIBA Anti-Money Laundering Institute, in partnership with Florida International University. It is available in person and online, and is also offered in both Spanish and English.
