Programme Objective

To provide detailed working knowledge on Letters of Credit, understand the problems and issues of L/C operations, and instill confidence in handling L/C operations.
 

Programme Outline

• Overview of International Trade
• Letter of Credit Overview
• Parties in a letter of credit transaction
• Types of credits and credit terms
• Format of a letter of credit
• Tips for buyer/importers in issuing a letter of credit
• Checklist & Guide for Importers
• Tips for exporters in complying with a letter of credit
• What might constitute discrepancy in a document
• Common discrepancies/Compliance with UCP 600
• Problems created as a result of special/additional instructions in L/C
• Incoterms 2010
• Q & A

 

Training Methodology
Lecture style, with Exercises/Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

 

Intended For

A foundation to intermediate level seminar intended for Managers, Executives and Professionals who are involved in L/C operations. Those who are interested to acquire valuable insights into this subject matter are encouraged to attend as well.

Programme Facilitator(s)