International Credit and Forign Exchange Risk Management Seminar

The Illinois SBDC International Trade Center at SIUE and Commerce Bank are pleased to present the following program:

"International Credit and Foreign Exchange Risk Management: International Methods of Payment and Letters of Credit"
Tuesday, October 28, 2008. 8:30am - 1:00pm
Southern Illinois University Edwardsville, Morris University Center-Maple/Dogwood Rooms

This seminar will address the challenges of being paid for international transactions and will present key approaches to eliminate foreign exchange risk and optimize your competitiveness.
The following topics will be covered:

Credit Risk Management

• International Payment System
• Letters of Credit
• "Time Drafts" versus "At Sight Drafts"
• Documentary Collections

Foreign Exchange Risk Management

• Where Rates Come From
• Pricing Products in a Foreign Currency
• Eliminating Foreign Exchange Risk

Fee: $95 (by October 17) / $105 (after October 17). Includes continental breakfast, lunch, parking and handouts.

Speakers: Paul Toskin and Scott Petruska, Commerce Bank.

Contact us at http://www.midwestUSAChina.com