Chamber Training: Letters of Credit / Methods of Payment – BCC Accredited

This workshop unravels the complexities of letters of credit. It describes the 7 main types and how they are used, then provides invaluable insights into getting a properly costed and workable letter of credit, without having to pay for amendments.

This course goes on to explain all the terminology used and examines the main points to watch for when checking documents. Other methods of payment including Documentary Collections and the use of Bills of Exchange are also covered.

By the end of this one day accredited course, delegates will be able to:

• Describe the main parties in an L/C transaction and their roles
• Describe the process and methods relating to international payments
• Prepare and present the relevant documents in accordance with the terms of the L/C to ensure payment
• Describe how to request an amendment to the L/C, understanding the costs and how to deal with discrepant documents
• Identify the different methods of payment used in international trade
• Identify and understand the necessary documentation for payment
• Comply with the requirements of different methods of payment

Two of the ‘core 10’ courses accredited by the British Chambers of Commerce (BCC). Candidates achieving Pass or Merit in the course will receive a certificate. Those who pass 6 individual courses will achieve a nationally recognised Foundation Award in International Trade.

Date: Thursday 18 June 2015Venue: 9 Norwich Business Park, Whiting Road, Norwich NR4 6DJTime: 9.00am – 4.30pmPrice: Members £200+VAT, Non Members £250+VAT

Please Note – Members will receive an invoice in the usual way. Non Members must pay in advance and will receive a receipt invoice by return.

Cancellation Policy – 15% of fee payable if delegates cancel more than 7 days in advance, if less than 7 days full fee payable.