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Letters of Credit and Methods of Payment


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.

Topics

  • 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
  • Shipping Documents
  • Best Practice for L/Cs – Hints and Tip

More Information

DateOct 11, 2022
Time9.30am to 4.00pm
CompanyFife Chamber of Commerce
ContactMorag Durie
Telephone01592 647740
EmailSend Email
WebsiteVisit Company Website
VenueVirtual
CostFree
Booking LinkBOOK NOW

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