Advanced Trade Finance and SWIFT


Course Outline

DAY 1

Session 1

Introduction to and Overview of FEMA

 

               Why FEMA?

Broad FEMA Notifications

Definitions under FEMA

Current Account & Capital Account     Transaction

Obligation of the Purchaser of Foreign Exchange

              

Session 2

      Import Transactions – FEMA Regulations

            Types of Trade Settlements

Import Licence

Time Limit for Settlement of Import Transactions

Import of Foreign Exchange/INR

Advance Remittances

Replacement Imports

Receipt of Import Bills

IDPMS/Evidence of Imports

 

Session 3

       Export Transactions – FEMA Regulations

            Realisation & Repatriation of Export Proceeds

Manner of Receipt & Payment

Foreign Currency Account / EEFC Account

Receipt of Export Advance Payment

Submission of Export Documents

Dispatch of Export Documents

Export Overdue Bills

Reduction in Invoice Value, Extension of Time & Write – Off

Remittance connected with Exports

 

Session 4

      Export Transactions – FEMA Regulations

            Export of Services – FEMA Compliance

Project Exports – FEMA Compliance

DAY 2

 

Session 1

 

External Commercial Borrowings & Trade Credit – FEMA Regulations

               Approval & Automatic Route

Eligibility, Cost, Procedure & Reporting

 

Session 2

       Overseas Direct Investment & Foreign Direct Investment – FEMA Regulations

            Approval & Automatic Route

Eligibility, Procedure & Reporting

 

Session 3

       SWIFT

            Introduction

BIC Identification

Message Categories

       Session 4

 

        Different Transactions, Life Cycle of Transaction & Relevant SWIFT Messages

        Different Transactions, Life Cycle of Transaction & Relevant SWIFT Messages

While handling SWIFT Message Types – the learning will be brought in through Case Lets and hands-on training.