Letters of Credit are tools used by exporters, importers and banks to manage financial and shipping risk in international trade.
This seminar will examine LC process in detail and offer guidance on how to create a workable credit which avoids amendments and discrepancies. It will consider the different interests of the exporter, importer and the banks and methods of reducing the risks for all parties.
WHAT WILL YOU LEARN?
- Terminology, structure, dynamics and content of a letter of credit
- Confirmation of credits
- How to collate and create documents
- The rules for letters of credit (UCP600)
- The rules of drafts
- The options for negotiation of a letter of credit
WHO SHOULD ATTEND?
This course is suitable for field and office based sales staff, purchasing staff, shipping and dispatch personnel, accounts and finance staff, customer services and freight forwarders.
Standard: £310.00 + VAT
Member: £250.00 + VAT
Inclusive of certification fee.
Bespoke training package and in-house delivery available. Contact firstname.lastname@example.org for further details.