UNIVERSITY OF ECONOMICS & FINANCE

FACULTY OF FINANCE AND ACCOUNTING

SYLLYBUS
1. Information of the subject:

Course title: International Payment

Course code: FIN441
Credit hours: 3
Pre-requisite: After finishing the following course: Introduction to Finance and
Monetary.
Level: College of Finance and Banking, College of Manangement of Business

2. Course objective:

Knowledge:

At the end of the course, student will be able to:

Understand about the Document goods
Understand about International payment methods (Telegraphic Transfer, Clean
collection, Documentary collection, Cash against document, Documentary credit);
Explain the daily change of the exchange rates and the gold price;
Have the professional knowledge to do in international department in a bank;
Help students to practice the foreign exchange transactions, payment the export
contracts by the international payment methods in the import and export companies
Thinking:
Developing critical thinking to give solid arguments to debate the opinions of the
experts and classmates about the issues and case studies in the course.
Skills:

1
 Apply the above knowledge to synthesize, analyze and evaluate the events taking
place in the economy, financial markets
Develop skills of presentation and teamwork.
Develop problem-solving skills
Attitudes: Honesty, disciplinary respect and responsibility.

3. Course description:

This is a compulsory subject. Providing the basic knowledge to students, after finishing
the course, they can work in the international payment department at the commercial
banks or work in import and export company.

4. Role of the course:

The module provides knowledge and skills for students to complete the requirements of
training program outcome.

5. Teaching Methods:

Teaching combines theory with practical situations discussion

Read course materials before each lecture.
Complete all homework
Participate in group presentations and topics essay group

6. Methods of assessment
- 10% of the points obtained from attending in class

- 20% of the points obtained from group activities

- 20% of the points obtained from mid-term test

- 50% of module marks taken from the final exam

7. Course content:

Teaching Method Total

In class Practice, Self Practice,
Content
experiment study experiment
Theory Exercises Discussion
Exercises Exercises

2
(1) (2) (3) (2) (3) (2) (3)
Foreign exchange 3 credits
- Concept
- Quotation Method
- Foreign exchange
transaction
conventions x x x
- Determining the
exchange rate
according to the
cross calculating
method
- Spot operation 3 credits
x
x x x
- Arbitrage operation
- 10-minute test 3 credits
Spot, Arbitrage.
x
x x x
- Forward operation
- FX swap
- 10-minute test 3 credits
Term and exchange
market x x x x
- Options operation
- Future market
- 10-minute test 3 credits
Options and Future
market
x x x x
- Case study-
Discussion
- Bill of exchange

3
- Test Bill of 3 credits
exchange
- Foreign trade
x x x x
contract;
- Incoterm 2010
presentation.
- Test Foreign 3 credits
trade contract and
Incoterm
- Reading and x x x x
understanding the
goods document
- Bill of Lading
- Reviewing for 3 credits
students - midterm x x x
exam
- Midterm test. 3 credits
- Telegraphic x x
transfer
- Collection of 3 credits
payment
- CAD method x x x x
- Documentary credit
method
- Documentary credit 3 credits
method
x x x x
- Presentation and
discussion L/C
- 10 minutes test- x x x x 3 credits

4
 Documentary credit
method and L/C
- Presentation UCP
600
- 10 minutes test- 3 credits
UCP600.
- Solving the
x x x x
problem in
documentary credit
method
- Checking the 3 credits
document method
- Checking the
x x x x
documents
practicing
- Review

8. Material

- Core text book: Associate Professor Dr. Tran Hoang Ngan, International Payment,
2010.
- References:
Associate Professor Dr. Nguyen Van Tien, International Payment and Foreign
Trade Funds.
Associate Professor Dr. Nguyen Van Tien, Handbook of International Payment
by L/C.
Shani Shamah, Foreign Exchange Premier, Willey Finance