Training in the Basics of Foreign Exchange

Course Overview

Unlock the essentials of the global currency market.
This focused 3-hour session is designed for professionals dealing with foreign exchange operations, regulatory compliance, or financial risk management.

This practical training session provides a foundational understanding of the foreign exchange (FX) market, tailored to professionals working in exchange houses, financial institutions, and the designated non-financial business sector (DNFBPs) / dealers in precious metals and stones (DPMS).

Participants will explore key FX concepts, operational processes, compliance requirements, and real-life scenarios that are critical to day-to-day financial functions.

Learn how to:

• Understand currency pairs and exchange rates
• Navigate FX settlement methods (SWIFT, Nostro/Vostro)
• Manage FX risks and regulatory compliance
• Apply real-life scenarios for practical decision-making

Who Should Attend

• Frontline Staff in Exchange Houses and DPMS
• Compliance & Risk Officers
• Forex Traders and Dealers
• Wealth Managers & Investment Advisors
• Treasury and Finance Professionals

Course Outline:

• Introduction to Foreign Exchange
• Role of Exchange Houses in the UAE FX Market
• Understanding Currency Pairs & Exchange Rates
• FX Transactions and Settlement Process
• FX Settlement Methods (SWIFT, Correspondent Banks, Nostro/Vostro Accounts)
• Risks in FX Transactions
• Customer Due Diligence (CDD) & AML Compliance
• Real-Life Case Studies on FX Transactions and Compliance

Trainer Profile

Mr Pijush Kanti Das (CAMS, CFCS, SCS)
Director, Crowe UAE Academy

A seasoned banker with over 30 years of experience in Risk Management, treasury management and Compliance. He is a Certified AML Specialist (CAMS), Certified Financial Crime Specialist (CFCS) and Global Sanctions Specialist. He is an associate member and certified by CISI.

Training Schedule

Date: 23 July 2025, Wednesday | Time: 10:00 AM – 1:00 PM (UAE)

Mode:  Online – Live Virtual Session | Language: English | Fee: AED 150 (Incl. VAT) 

Register Now: https://forms.gle/5GXnuZAgFgqbVaQbA

Limited seats available – secure your spot today!

Call: +971 4834 8549 | Email: academy@crowe.ae | https://www.crowe.com/ae/services/academy