International Payments 

The International Payments Course is designed to provide professionals who have a command of payments concepts and issues in a domestic environment with a high-quality education foundation for understanding payments in a global context, encompassing the key principles, concepts, infrastructures, practices, issues, and developments. Requirements for cross-border ACH payments will be discussed together with an analysis of liquidity management and an overview of advanced legal and regulatory issues.

Regulators and continuous pressures for increasing transparency in the processes ultimately drive the global payments system to be subject of continuous change. More than ever, it is important to break down the systems and procedures involved, but also to stay abreast of market developments from both financial institutions’ and corporations’ perspectives in order to have in place a robust risk management international payments system.

What is the curriculum focus?  

This 2-day course provides a comprehensive background to international payments and covers a variety of topics including:

• International Payments Primer
• Low-Value Global Payments
• International ACH services (such as the FedACH International Service)
• Interdiction & Enforcement Aspects of International Payments
• Requirements for Cross-Border ACH Payments
• High-Value Global Payments
• The Purpose & Role of SWIFT
• Global Clearing & Settlement
• Foreign Exchange & Currency Principles
• The Purpose & Role of CLS
• Liquidity Management
• International Trade Facilitation
• Risk Management
• Advanced Legal & Regulatory Issues
• Corporate Perspectives & Challenges in International Payments
• The Evolving Global Payments Landscape

Who should attend?

Banking, treasury, risk management, legal and compliance, back office and operations professionals who are interested in expanding their knowledge base and advancing their careers into the global payments environment

Financial Institutions, Investment Banks, and Central Banks/Payment Systems Operator Organizations, Clearing Houses, Consultancy Groups, Legal Firms and Regulators staff dealing with the following business & operations aspects: 

• Retail and Wholesale Payments
• Electronic Payments and Payments Processing
• Clearing and Settlement
• Securities Settlement
• Financial Control
• Risk Management and Operational Risk
• Liquidity Risk and Control
• Treasury
• Back Office Operations
• Middle Office Operations
• Risk and Approval
• Cash Management
• Auditing and Compliance

 

For specific information contact us at courses@citadeladvantage.com