Letters of Credit
1 day
Over 75% of first presentations to banks against documentary letters of credit are rejected, resulting in delayed payments to exporters, additional costs and breached delivery deadlines. This course is suitable for all staff who need to have a clear understanding of the procedures required to ensure payments for goods sold on documentary credit terms. Knowledge and understanding is reinforced through the use of exercises and working examples of documentary credits. Essential learning for accounts, export and sales teams.
Contents:
- What is a Letter of Credit?
- Review of other Payment Methods
- Letter of Credit Administration and Procedure
- Types and Levels of Security
- Letters of Credit Costs
- Letter of Credit Content
- What can go wrong?
- Top Tips for Success Every Time
- UCP 600
Price:
£195 Members
£225 Non-Members
*Prices are Exclusive of VAT
Please complete the form below to book your place and the training team will contact you to confirm the details.