Cross-Border and Correspondent Banking

How international payments really work, end to end.

The cross-border bundle. Correspondent banking and nostro/vostro, serial versus cover payments, charges, FX and gpi tracking, cross-border exceptions, standby letters of credit, documentary collections and SWIFT category 4, and trade finance.

7 chapters · 50 lessons · ₹1,999

Estimated duration: 2.3 hours of narration, plus exercises, simulators and tests.

Who this course is for

Business analysts and operations staff working on cross-border payments.

Prerequisites

Payment Foundations and ISO 20022 and SWIFT Messaging, or equivalent.

What you will learn

• Explain correspondent banking and nostro/vostro accounts.
• Compare serial and cover payments and choose between them.
• Calculate what a beneficiary receives under OUR, SHA and BEN.
• Explain FX rates, spreads and conversion.
• Track a payment with SWIFT gpi and UETR.
• Handle cross-border exceptions, rejects and returns.

Practical exercises

Every lesson includes a practical exercise in the lesson player, with the problem, the information available, the action expected, what counts as a correct result, and why the answer is correct. This course has 50 exercises, one per lesson, plus the hands-on labs and simulators listed below.

What you will produce

• A worked OUR/SHA/BEN charge calculation for a real corridor.
• A cross-border exception investigation write-up.

Completion criteria

• Finish all lessons in the bundle.
• Pass the Cross-Border Test with 70% or more.

Included chapters

• Correspondent Banking and Nostro Vostro (8 lessons)
• Serial vs Cover Payments (7 lessons)
• Charges, FX and gpi Tracking (7 lessons)
• Cross-Border Exceptions (7 lessons)
• Standby Letter of Credit (7 lessons)
• Documentary Collections and SWIFT Category 4 (7 lessons)
• Trade Finance Deep Dive (7 lessons)

Practice tests included

Timed multiple-choice tests for this material, with the correct answer and an explanation for every question.

• Cross-Border Test (19 questions · 19 minutes)

Simulators and playgrounds included

Run a payment yourself instead of just reading about it. These interactive simulators cover the same material as the chapters above.

• Cross-Border Configurator

Hands-on labs included

Real work products: write the document, build the artefact, and compare it with the worked example.

• Write Requirements for Same-Day Cross-Border Payments for SMEs

Practice features included

• Mission Control

Not included

This bundle does not include the other courses:

• The Integrated Course (85 chapters, 635 lessons)
• Payment Foundations (5 chapters, 37 lessons)
• ISO 20022 and SWIFT Messaging (11 chapters, 87 lessons)
• Global Payment Rails (10 chapters, 77 lessons)
• Clearing, Settlement and Liquidity (4 chapters, 29 lessons)
• Cards and Domestic Payments (6 chapters, 44 lessons)
• Compliance, Risk, Operations and Reconciliation (8 chapters, 59 lessons)
• Payment Architecture and APIs (8 chapters, 62 lessons)
• BA and PO Professional Practice (5 chapters, 37 lessons)
• Emerging Technologies and the Future (4 chapters, 30 lessons)