PLEASE COMPLETE THE ‘TICKET’ BOOKING AS AN EXPRESSION OF INTEREST. A MEMBER OF OUR TEAM WILL THEN BE IN TOUCH REGARDING YOUR ENQUIRY
Our full day international trade courses are priced at £320 for members of the Mid Yorkshire Chamber and £380 for non-members.
This course is suitable for those working in International trade and are involved in the management and presentation of letters of credit.
It will provide an overview of all methods of payment when trading internationally to include the risks and benefits involved. It will then guide you through the rules of managing a letter of credit making sure documents are compliant and payment is successful.
This course will count as 2 credits towards the BCC Foundation Award in International Trade.
Course objectives:
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 LC types
- UCP 600 rules
- Management and presentation of the letter of credit
Incoterms 2020 and Insurance
Shipping documents
Best practice for letters of credits – hints and tips
Practical session
This full day course will start at 9.30am with morning and afternoon breaks and 45 minutes for lunch.