Course Details

In international trade/ Import -Export Trade, a Letter of Credit (LC) is a safe payment method. Most of the importers and exporters make this method unsafe by mishandling it. They don't comply with the credit (LC) terms and conditions completely.

The objective of this training is to reduce document rejection by improving the Importer's and Exporter's UCP 600 knowledge management skills and trade documentation skills and practice. Our training provides you the knowledge on how to prevent errors before presenting documents to the bank, how to manage the credit (LC) deadlines, etc.

Course contents:

• International Trade Terms and Dispute arbitration
• Letters of credit (LC)-UCP 600
• The collection of payments against documents
• Standby Letters of credit, bonds and Guarantees
• Foreign Currencies and Exchange risk
• Trade Finance, Money laundering and Fraud
• Export credit insurance and ECGD supported finance
• Documents - preparation and examination
• International trade terms and dispute arbitration
• The role of intermediaries such as banks and the principles under which they operate
• Researching trade opportunities and the credit standing of potential trade partners