Letters of Credit and Method of Payment Masterclass

This course is suitable for those working in International Trade and are involved in the management and presentation of Letters of Credit.

The course provides an overview of all methods of payment when trading internationally to include the risks and benefits involved. It will then concentrate on the Letter of Credit aspect guiding you through the rules of managing a letter of credit, making sure documents are compliant and payment is successful.

The agenda and course objectives are as follows:

Foreign Currency Transaction Mitigation
Methods of Payment – risks and benefits
Advance Payment
Documentary Collection
Open Account
Letter of Credit
The Letter of Credit Process
Terminology
Advantages and Disadvantages
LC Types
UCP 600 Rules
Management and presentation of the Letter of Credit
Incoterms 2020 and Insurance
Shipping Documents
Best Practice for L/Cs – Hints and Tips
Practical Session.

Event Details

Ticket Bookings

1

Tickets

2

Attendee

Your basket

Ticket type

Quantity

Price(inc vat)

Remove

(Single) Member
£300
(Single) Non Member
£396
Person Member - Attendee Details UPDATE.
Person Non Member - Attendee Details UPDATE.

Upcoming Events

Lincoln Dining Club

Come and join us at our third Lincoln Dining Club. This social event is open to all professionals wh...

Feb 28th 2024
6:00 pm - 8:00 pm

Phoenix Cantonese Restaurant, 18a - 20 High Street, Lincoln, Lincolnshire , LN5 8BD

Book Your Tickets
South Holland Chamber Network and Introduction to Trading Globally Workshop

This event is kindly being hosted by Woodhouse Farm Hotel & Spa and the event will bring together bu...

Feb 28th 2024
11:30 am - 2:00 pm

Woodhouse Farm Hotel & Spa, Holbeach Road, Spalding, Lincolnshire, PE12 6JP

Book Your Tickets
Lincoln Chamber Network

Join us for our face-to-face Lincoln Chamber Network.

Feb 29th 2024
5:00 pm - 7:00 pm

The Lincoln Gin Distillery, Unit 15,Riverside Enterprise Park Saxilby, Lincoln, Lincolnshire, LN1 2FU

Book Your Tickets
Annual General Meeting 2023

A member-only event including a formal board membership, officer elections, and reports on activity.

Mar 4th 2024
11:45 am - 2:30 pm

Mosaic, Thomas Parker House 13-14 Silver Street , Lincoln, Lincolnshire, LN21DY

Book Your Tickets
IOM3 Certificate in Management

The IOM3 Certificate in Management has been created for those in, or about to take up, their first m...

Mar 5th 2024

The Boilerhouse,, Caunt Road, Grantham, Lincolnshire, NG31 7FZ

Book Your Tickets
Level 3 Award in First Aid at Work (RQF)

The Level 3 Award in First Aid at Work (RQF) qualification is specifically designed for individuals ...

Mar 11th 2024

Face-to-Face / Virtual,

Book Your Tickets

Join our ever-growing membership base

Become a member
Our Patrons