Events

22nd Sep 2016 |Birmingham

Course Outline

On past experience, export sales and marketing staff also find many aspects of the course to be of great practical value. Payment options culminating in Letters of Credit are put into context. This course will explain the roles of the parties, clarify the procedures and recommend practical ways in which exporters can establish best practice in order to ensure payment every time.

Download PDF file of course outline

Course Content

Course Content

Payment options in International trade
The role of Letters of Credit in International Trade
The benefits of Letters of Credit to buyer and seller
Roles and responsibilities of buyer and seller in a Letter of Credit
The role of the Banks
Making Letters of Credit work for all parties
Avoiding discrepancies
Common documentation and common terms
Strict compliance – the role of UCP 600
Generating finance and cash flow within a Letter of Credit
The different types of Credit
Practical examples and case studies
Exercises to support learning

Who would benefit from this course:

Anyone (regardless of seniority) involved in finance, shipping or sales/contracts.

Website Register