NIBAF Foreign Trade case studies

NIBAF Foreign Trade · Put your knowledge to work in context.

NIBAF Foreign Trade is a professional assessment for people who handle cross-border trade transactions on the banking or corporate side: trade finance officers, relationship managers, import and export documentation staff, and compliance analysts who need a working command of how a deal moves from contract to settlement. The syllabus is practical rather than academic. The NIBAF Foreign Trade case studies are 5 cases and about 5,761 words.

The 23-Day Presentation: Discrepancies, Waiver and the Five-Banking-Day Clock

A Pakistani exporter presents documents on 20 June to its bank under an irrevocable credit issued by a Spanish bank, available with any bank by negotiation, expiring 30 June, latest shipment 31 May, presentation period 21 days. The credit is silent on transhipment and calls for an insurance document covering Institute Cargo Clauses (A) for 110% of the CIF value.

1,261 words, about 6 min 2

USD 2.1 Million Against USD 640,000 of Documents: A Trade-Based Laundering Judgement Call

A Karachi bank onboards an exporter of surgical instruments in January. Paid-up capital is PKR 500,000 and the account is four months old.

1,077 words, about 5 min 3

The Demand Under the Advance Payment Guarantee: Independence, Fraud and Extend-or-Pay

A Pakistani contractor wins a USD 4.5 million road project in a Gulf state. The employer requires an advance payment guarantee of USD 450,000 and a performance guarantee of USD 450,000, both payable on first written demand, governed by URDG 758 and expiring 30 June 2026.

1,062 words, about 5 min 4

The Changed Bank Details and the Overdue Advance Payment

In January a Lahore-based importer remitted USD 150,000 as a 100% advance payment to a machinery supplier in China against an Electronic Import Form. The proforma invoice was CFR Karachi, USD 150,000, expressly stated to include installation and commissioning.

1,103 words, about 6 min 5

Three Containers at Mombasa: A Refused D/P Collection Against Outstanding Packing Credit

A Pakistani rice exporter ships three 40-foot containers of basmati to a buyer in Kenya under a documentary collection, documents against payment at sight, sent through the exporter's bank to a collecting bank in Mombasa. The invoice value is USD 240,000.

1,258 words, about 6 min