CCFT Holdings Pte.Ltd., was invited to participate in Standard Chartered Bank's 2025 Specialized Training on Letters of Credit

On August 29, 2025, CCFT Holdings Pte.Ltd., (referred to as “our company”) was invited to attend the 2025 Specialized Training Session on Letters of Credit hosted by Standard Chartered Bank. Our company's business representatives—Chen Yuting, Eryana, Elyna, and Erika—attended as a team, joining financial and foreign trade professionals from various import-export businesses to explore ways to optimize cross-border trade fund settlement.

This training program is closely aligned with the practical needs of businesses engaged in cross-border trade. Adopting a core model of “professional interpretation combined with case-based teaching,” it aims to help businesses accurately grasp the key points of letter of credit operations, effectively mitigate business risks, enhance cross-border settlement efficiency, and strengthen financial services support to solidify their global trade competitiveness.

At the meeting, Standard Chartered Bank's trade finance experts delivered in-depth presentations centered on three core modules: “Policy and Practical Interpretation,” “Risk Prevention and Control in Practice,” and “Innovative Service Matching.”

The training session featured a highly interactive atmosphere, with representatives from various businesses engaging in in-depth discussions on hot topics such as “Challenges in Letter of Credit Financing for small-medium businesses” and “Interpretation of Letter of Credit Clauses in Emerging Markets.” Standard Chartered's expert team provided detailed answers to each question raised by the businesses and offered one-on-one business guidance.

Subsequently, our company's business manager, Chen Yuting, engaged in in-depth discussions with experts on critical aspects of trade transaction payments. Key topics included “techniques for handling discrepancies,” “precise identification of fraud risks,” and “strategies for responding to exchange rate fluctuations,” thereby further clarifying practical implementation approaches.

This training program established a professional platform for our company to engage directly with banking experts. Through one-on-one reviews of real business cases, we systematically studied risk anticipation and mitigation strategies for letter of credit operations. This conference not only enhanced our ability to manage intricate business risks but also significantly improved operational efficiency and risk control standards for related services. It has injected new momentum into the steady expansion of our cross-border trade operations.

Contributed by: CCFT Singapore