International Financial Management

1. Financial Issues in International Trade

Mata uang yang digunakan untuk transaksi
Kapan dan bagaimana untuk memeriksa kredit
Bentuk pembayaran yang digunakan
Bagaimana untuk mengatur pembiayaan

2. Method of Payment

Payment in advance

Open account

Documentary collection

Letter of credit

Credit cards

Countrade

3. Forms of Drafts

Sight draft : mensyaratkan pembayaran atas pengalihan hak atas barang dari eksportir ke importir
Time draft : meluas kredit kepada importir dengan pembayaran memerlukan beberapa waktu tertentu
date draft : menentukan tanggal tertentu

4. Documentation for Letters of Credit

Export licenses

Certificates of product origin

Inspection certificates

5. Types of Letters of Credit

Advised letter of credit

Confirmed letter of credit

Irrevocable letter of credit

Revocable letter of credit

*11 langkah pembukaan LC :

-          Sales contract specifies payment using LC

-          Importir applies to a local bank for LC

-          Importir bank informs exporters bank when LC has been issue

-          Exporters bank advise/confirm LC

-          Exporters ship goods

-          Exporters sents documents to its bank

-          Documents sent for review

-          Bank sends document to importir

-          Amount due is paid for bank may extend credit

-          Importer bank transmits funds clue to exporter

-          Exporter receives payments

6. Foreign-Exchange Exposure

Transaction exposure

Translation exposure

Economic exposure

7. Management of Working Capital

Corporate Financial Goals

1. Minimizing working-capital balances
2. Minimizing currency conversion costs
3. Minimizing foreign-exchange risk

8. Evaluating Investment Projects

Nilai Net Present
Internal Rate of Return
Payback period