Bangkok--Mar 18--EXIM Thailand
Mrs. Kasina Srisaan, First Vice President of Small Business Development Department and Office of Banking Service Development and Customer Relations, Export-Import Bank of Thailand (EXIM Thailand) said EXIM Thailand opens “Payment Instruments in International Trade” Training Program 1/2005 on Thursday March 24, 2005, at The Emerald Hotel on Ratchadapisek Road. The training program aims to furnish exporters with proper knowledge and understanding about the international business core that is how to make good decisions on payment terms to avoid non-payment risk and speed up international payment collection process.
According to Mrs. Kasina, non-payment is currently the main problem encountered by a number of exporters, particularly those of SMEs, who may lack knowledge and understanding about international transaction and, thereby, make wrong decisions regarding the use of payment instruments. Meanwhile, there exist various payment instruments in international trade and each one has distinctive advantages and disadvantages to buyers and sellers. EXIM Thailand, therefore, sets to provide the “Payment Instruments in International Trade” Training Program to ensure preparedness and promote confidence of Thailand’s exporters and new exporters in the competitive global market for their export business success. This will avoid business risk and erroneous decision making owing to lack of knowledge about documentation and payment instruments. The topics include knowledge of all payment instruments, export documents and associated risks, Incoterms (International Commercial Terms) 2000, and case study regarding risk of payment instruments and prevention. Upon successful completion of the program, the participants will clearly understand all aspects of payment instruments in international trade and, as a result, efficiently adapt the lessons to their own international business operations.
Mrs. Kasina said EXIM Thailand plans to set up the “Payment Instruments in International Trade” Training Program 3 times this year on Thursday March 24 at The Emerald Hotel, and on Wednesday July 20 and Wednesday November 30 at EXIM Thailand Head Office. Interested persons are welcome to contact Office of Banking Service Development and Customer Relations, EXIM Thailand Head Office, at 0 2271 3700, 0 2617 2111 ext. 2523 for further information. Online registration is available at www.exim.go.th.
About Export-Import Bank of Thailand
Export-Import Bank of Thailand is a financial institution wholly owned by the Royal Thai Government under the Ministry of Finance’s supervision. The Bank was established by the Export-Import Bank of Thailand Act B.E. 2536 (1993) which empowered the Bank to engage in any financial activities customary to commercial bank practices, except for accepting deposit from the general public. The Bank’s objective is to provide financial services to strengthen the competitive edge of Thai exporters and investors abroad while contributing to the earning or saving of foreign exchange.
For further information,
please contact Public Relations Division,
Office of Top Management
Tel. 0 2271 3700, 0 2278 0047, 0 2617 2111 ext. 1142 - 6 End.