Harvy Fayek Youhana

Trade Finance Officer at GB GHABBOUR AUTO

• Egypt - Cairo
• My current job since March 2006

Recording all transactions in our System (oracle).
Handling more analysis (debit interest-high debit balance-L/C's commissions-checks under collection-notes receivable-charges under L/C’s and L/G’s -).
Handling all transaction related to Trade Finance Department
(L/C's - L/G's - direct transfers - document for collection).


Import L/C’s:
Issuing (on banks formal forms), Review conditions in order to ensure that they are
in accordance with all related parties required, Negotiate, Handle amendment (if any)
with management, business units & suppliers, Tracking shipping documents,
Examine the documents as soon as they reach our bank using Uniform Customs and Practices
for Documentary Credits (UCP600), Handling (withdraw) the documents.
Export L/C’s:
Examine Export L/Cs & check the received L/C text and determine the needed amendments (if any), Preparing the required docs under the outstanding export L/C’s according to the L/C's conditions to be complying presentation using International Standard Banking Practices (ISBP681), Following the collection of the presented shipping docs and the deducted amounts whether sight basis or deferred basis.
L/G’s:
Issuing (on banks formal forms), Handle amendment (if any) with management, business units, Extension, Cancellation, Arrange the room for issuing new L/G’s under our bank facilities.
Document for collection:
Advise the foreign purchasing sectors with which banks our suppliers should remit the
document to collecting banks, Tracking shipping documents, Handling (withdraw) the
documents as soon as they reach our bank.
Direct transfers:
Execute the required direct transfers on its due dates, stamp/endorse import shipping
documents under advance direct transfers from banks -Documentary collection (form 4).
Arrange the room & tenor for new shipments under foreign LG's
Keep good relationship with banks which help to open communication channels with
those banks in order to facilitate operations execution.
Prepare daily, monthly, quarterly, annually, reports related to trade finance transaction.
Sending said reports to all related departments on weekly & monthly basis for
accounting, and auditing purpose.
Follow up the main foreign supplier accounts such as (Hyundai - Volvo - Mitsubishi)
Maintain the filling process in order to facilitate the management, other business
units, internal and external auditors access to the department historical transactions