International Treasury & Cash Management (Intermediate)

The essential elements of international treasury & cash management

This course is designed to provide finance professionals with up-to-the-minute knowledge of the essential elements of corporate cash and treasury management, including: the role of the corporate treasurer and the structure of treasury; cash and liquidity management; interest rate and foreign exchange management.

Who should attend?

Designed for experienced professionals who have a good understanding of treasury concepts, but are seeking more sophisticated and in-depth knowledge of structures and strategies

Learning objectives

You will gain a complete insight into the new and existing challenges facing the industry and develop practical skills and knowledge that can be immediately applied upon your return to the office.

Why attend?

  • Practical, hands-on training featuring corporate case studies and group exercises
  • Delivered by EuroFinance the trusted, industry leading training provider
  • Proven track record – over 300 treasury professionals have attended this course
  • Experienced tutors that address your real-life challenges
  • Network with your industry peers – we attract professionals from over 60 countries
  • Learn instantly applicable knowledge and skills to take back to the office
  • Earn up to 21 NASBA CPE credits, CPD certified


  • International Treasury and Money movement optimum structures
    Start time: 9:00 am End time: 5:00 pm

    Treasury management

    • Importance of treasury
    • Role of treasury
    • Goals of treasury
    • Governance and policies
    • Treasury organisation overview

    Risk management

    • What is risk?
    • Risk vs reward
    • Enterprise risk management
    • Treasury risk management
    • Liquidity risk
    • Market risk
    • Credit risk
    • Operational risk
    • Statistical risk modeling
    • Value at Risk (VaR)

    Capital structure and balance sheet management

    • Balance sheet management
    • Capital asset pricing model
    • Weighted average cost of capital
    • Sources of funding
    • Debt instruments
    • Tenor of funding
    • Investment instruments
    • Managing balance sheet risk
    • Interest rate risk management
    • Yield curve
    • Hedging instruments
    • Interest rate swaps, swaptions, futures
    • Cashflow forecasting
    • Off balance sheet funding
    • Supply chain financing
    • Bolero and TSU

    15:45 Working capital

    • Operating cashflow
    • Order to cash
    • Procure to pay
    • E-invoicing and electronic bill presentment
    • Working net capital rotation
    • Cash conversion cycle
  • International Treasury and Money movement optimum structures
    Start time: 9:00 am End time: 5:00 pm

    Foreign exchange risk management

    • Basic principles of hedging
    • Exposure identification
    • Foreign exchange forecasting
    • Hedging instruments
    • Spot foreign exchange
    • Forward foreign exchange
    • Deliverable and non deliverable forwards
    • Foreign exchange futures
    • Foreign exchange options
    • Regulation and hedging
    • IFRS
    • FASB
    • Dodd-Frank

    Payment flows

    • International payments
    • Real time gross settlement
    • Net clearing
    • Hybrid payment infrastructures
    • Swift
    • Swift message types
    • Correspondent banking
    • BICs and IBANs
    • Straight through processing (STP)
    • Value dating
    • Cut-off times
    • International payments and time zones
    • Local high value payments
    • Local low value payments
    • Single and batch payments
    • Letters of credit and documentary collections
    • Drafts, promissory notes, bills of exchange
    • Credit card processing and merchant perspective
    • Continuous linked settlement (CLS)

    Corporate payment processing   

    • Payment best practices
    • Payment factory
    • Multilateral netting
    • Different modes of netting
    • Currency settlement in netting
    • Payment on behalf of
    • Collection on behalf of
    • In-house banks
    • Re-invoicing
    • Commissionaire structures
    • Transfer pricing

    Subsidiary funding

    • Intercompany loans
    • Factoring and discounting
    • Leading and lagging
    • Withholding tax
    • Thin cap rules
    • Regulatory issues

    Intercompany transactions

    • Intercompany foreign exchange
    • Service charges
    • Service level agreement
  • Organisations and Systems
    Start time: 9:00 am End time: 5:00 pm

    Managing corporate balances  

    • Liquidity management
    • Sweeping
    • Zero balance accounts
    • Target balancing
    • Notional pooling
    • Overlay structures
    • Multi currency pooling

    11.00 Managing corporate balances (continued)

    • Interest enhancement
    • Multi bank structures
    • Hybrid structures
    • Time zone issues
    • Mono vs multi bank
    • Managing counterparty risk
    • Regulatory issues
    • Tax issues

    Treasury organisation

    • Global treasury processes
    • Centralised, distributed, decentralised structures
    • Treasury centres
    • Shared service centres
    • Treasury centre locations
    • Profit / contribution / cost centre
    • Benchmarking treasury operations
    • Outsourcing treasury operations
    • Granularity and hybrid solutions

    Treasury technology

    • Treasury management systems
    • Best of breed vs ERP
    • Integrating treasury processes
    • Payment technologies
    • Internet banking
    • Host-to-host connectivity
    • Payment control and security
    • Bank reconciliation
    • E-FX solutions
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