This course is suitable for those currently working in an export-import environment or who are new to international trade. We recommend attendees complete the Understanding Export & Export Documentation course first, as this includes an introduction to Incoterms.
There is a comprehensive guide on the obligations and costs that a Buyer and Seller have during a sale to include where risk passes from Seller to Buyer during the transaction and highlights commercial implications of this.
This course will count as 1 credit towards the BCC Foundation Award in International Trade
Course learning objectives:
· Incoterms – what are they?
· Incoterms – the history
· An explanation of Incoterms including what they ‘do’ and ‘don’t do’
· Discuss what documentation they apply to
· Review each of the Incoterms 2020 in detail and explain why EXW should not be used in International Trade.
· Understand the risks, costs and obligations for both buyer and seller
· Insurance requirements
· To be able to correctly classify shipments to reflect the mode of transport and be appropriate for the goods
Please note the price quoted is for non-members excluding VAT, MY Export Hub Members are eligible for a discounted rate of £170.00 + VAT per person.
Book a ticket: View Event
Start Date & Time: 2024-02-13 13:00:00
End Date & Time: 2024-02-13 16:00:00