Letters of Credit and Getting Paid

Letters of Credit and Getting Paid Training

This one day course will cover every aspect of Letters of Credit, see below the points that will be covered in the day.

The need for careful credit checking
The export quotation
A review of other payment methods – advantages and disadvantages and when they should be used
What is a Letter of Credit?
Letter of Credit administration
The Letter of Credit Procedure
Letter of Credit types and levels of security
Letter of Credit costs
The terminology, form and structure of L/Cs
Incoterms and L/Cs
The documents – an in-depth study of the specific Letter of Credit documents
What can go wrong?
Tips to ensure you get it right at all stages of the Letter of Credit transaction
UCP 600 considerations
The significance of L/Cs in the current economic climate