{"product_id":"anti-money-laundering-in-trade","title":"Anti-Money Laundering in Trade","description":"\u003ch2\u003e\u003cspan\u003eApply financial-crime controls throughout the trade-finance lifecycle\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eDevelop the practical judgement to review trade-finance business, ask relevant questions and escalate concerns with clear supporting evidence.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eA customer’s transaction may appear commercially reasonable, yet an unexpected intermediary, changed payment instruction or unexplained source of funds can raise questions that require further review.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eAML in Trade Finance\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e shows you how a bank approaches those questions throughout the transaction lifecycle. Follow the process from customer due diligence and facility use through document handling, financing, settlement and ongoing monitoring.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eYou will learn to connect the \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ecustomer, goods, documents and money\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e, and use that connected picture to support proportionate, documented decisions.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eCourse at a glance\u003c\/span\u003e\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eFormat:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Self-paced online learning with narration.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eContent:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e 96 screens organised into 12 focused chapters.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePractical learning:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e 15 decision activities and three video case walkthroughs.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eStudy support:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Comprehensive Student Manual, glossary and transcripts.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eEstimated study time:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Approximately three hours for the learning unit, plus the assessment.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eAssessment:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e 20 questions selected from a bank of 50.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePass mark:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e 60%, equivalent to 12 correct answers out of 20.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePrimary focus:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Banking processes and financial-crime controls in trade finance.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003e\u003cspan\u003eMake the connection between AML knowledge and everyday trade-finance work\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eEffective transaction review depends on understanding the business behind the documents.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDoes the proposed trade fit the customer’s established activity? What role does an intermediary perform? Why is payment coming from a third party? Does a replacement invoice represent a new receivable or the same sale already financed?\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis course helps you work through these questions using the information available to the bank. You will practise identifying what is supported, what remains uncertain and which action falls within your authority.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe learning also explains how financial-crime review interacts with documentary requirements, payment deadlines and other banking responsibilities.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eWhat you will learn\u003c\/span\u003e\u003c\/h2\u003e\n\u003ch3\u003e\u003cspan\u003e1. Why trade finance presents particular risks\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eExplore how international trade can disguise the movement of value, why banks may see only part of a transaction and how to apply controls proportionate to the identified risk.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e2. Understanding the customer and expected trade\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eBuild a useful picture of the customer’s business, trading capacity, normal counterparties, markets and transaction cycle. Learn how to compare actual activity with that profile and recognise changes requiring review.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e3. Parties, intermediaries and beneficial ownership\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eExamine the roles of buyers, sellers, agents and other intermediaries. Consider ownership and control, related-party relationships and the quality of evidence supporting the bank’s understanding.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e4. Funding and commercial purpose\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eAssess the economic explanation for a transaction. Explore source of funds, repayment, pricing, routes and trading capacity, and learn to identify gaps between the explanation and the evidence.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e5. Documentary credits and AML controls\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eFollow control points from application and issuance through amendments, presentation and settlement. Understand how documentary examination and financial-crime review contribute to the overall decision.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e6. Documentary collections\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eReview the roles of collecting and remitting banks, release instructions, available documents, unpaid items and third-party settlement arrangements.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e7. Guarantees and standby credits\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eExplore the underlying contract, applicants and beneficiaries, counter-guarantees, amendments, extensions and demands. Consider how contingent instruments and cash-backed arrangements can create financial-crime concerns.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e8. Open-account and receivables financing\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eExamine the evidence behind financed receivables, duplicate or overlapping finance, settlement patterns and changes affecting the amount recoverable. The chapter also introduces relevant considerations for payables, inventory and pre-shipment financing.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e9. Third-party payments and unusual settlement\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eWork through payments made by parties outside the expected trade relationship, changed beneficiary accounts, split payments, netting, refunds and unexplained overpayments.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e10. Transaction monitoring and escalation\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eConnect individual transaction events with wider patterns. Learn how to prepare a referral that sets out the facts, evidence, unresolved concerns and time-sensitive decisions.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e11. AML and wider financial crime\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eUnderstand how AML relates to sanctions, counter-terrorist financing, proliferation financing, bribery and corruption. Explore why names, ownership, goods, routes and end use can each require attention.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e12. Responsibilities and the bank control framework\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eClarify the contributions of relationship management, operations, compliance, management and independent assurance. Bring the learning together in a documented transaction decision.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003ePractise decisions you could encounter at work\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThe course uses fictional businesses and realistic situations to help you apply the learning.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eA new account instruction arrives before payment is due.\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eThe documents comply, but the beneficiary’s payment details have apparently changed. Consider how to verify the instruction and coordinate the review within the remaining timetable.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eAn invoice returns with a slightly different reference.\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eThe customer explains that the original needed correction. Work through whether the request represents a new receivable or an existing sale already financed.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eAn unfamiliar company offers to repay a trade advance.\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eThe goods and delivery evidence appear consistent with the customer’s business. Assess what remains to be established about the payer, its role and the source of funds.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAcross the activities, feedback explains the reasoning behind the available choices and identifies the evidence that would help move the review forward.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eWho is this course for?\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThis course is particularly relevant to:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eTrade-finance operations and document-checking staff.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eCorporate, commercial and SME banking relationship managers.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eAML, KYC and customer due-diligence professionals.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eFinancial-crime compliance and transaction-monitoring staff.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eTrade-finance product, credit and risk professionals.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eInternal auditors reviewing trade-finance controls.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003eProfessionals moving into a banking role involving international trade.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eA basic familiarity with trade-finance products will help you get the most from the course. A glossary and explanatory material support your study.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eLearn at your own pace\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eWork through the chapters in manageable sessions, using narration, transcripts and practical explanations to support your understanding.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe comprehensive Student Manual provides a reference for reviewing the course topics and revisiting the reasoning behind key control decisions. The learning unit also supports saving and resuming your progress.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eCheck your understanding\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eThe separate assessment presents \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e20 questions drawn from a 50-question bank\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e, with coverage across all 12 chapters.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eEach correct answer contributes five percentage points towards your result. The pass mark is \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e60%\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAfter completing the questions, you will see your score and can choose to:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eExit and save your score\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e to accept the result.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eRetake the test\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e to receive a different selection of 20 questions.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eQuestions may recur between attempts, while the overall selection changes.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eFrequently asked questions\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eWhat is the main focus of the course?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eThe course explains how a bank applies AML and wider financial-crime controls when handling trade-finance business. It follows the customer relationship and transaction lifecycle, with practical attention to banking products, processes and responsibilities.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eWhich trade-finance products are covered?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eDocumentary credits, documentary collections, guarantees, standby credits, open-account trade and receivables financing. The course also addresses relevant aspects of payables, inventory, pre-shipment and financial-institution trade financing.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDoes the course cover sanctions and terrorist financing?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eYes. It examines the relationship between AML, sanctions, counter-terrorist financing and proliferation financing, alongside bribery, corruption and relevant fraud risks.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eHow long should I allow?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eAllow approximately three hours for the learning unit, including its activities. Set aside additional time for the assessment and any topics you wish to revisit.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eIs the learning practical?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eYes. Fifteen decision activities and three video case walkthroughs ask you to assess explanations, connect evidence and select appropriate next steps.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eCan I retake the assessment?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eYes. On the results page, you can choose to retake the test before accepting your score. The retake draws a fresh selection of 20 questions from the question bank.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDoes the course focus on one country’s procedures?\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eThe course teaches a bank-oriented approach to transaction review. It highlights where applicable law, jurisdiction, bank policy and specialist advice affect the action required.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan\u003eStrengthen your approach to trade-finance review\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan\u003eBuild your ability to connect the transaction evidence, recognise unresolved concerns and contribute to a clear, documented control decision.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eEnrol in AML in Trade Finance and develop practical financial-crime awareness for your trade-finance role.\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e","brand":"eBSI Trade Finance Academy","offers":[{"title":"Default Title","offer_id":59269348589916,"sku":null,"price":60.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/files\/AML4T-Cover.png?v=1790272804","url":"https:\/\/www.ebsi.ie\/products\/anti-money-laundering-in-trade","provider":"eBSI Export Academy","version":"1.0","type":"link"}