Letters of Credit / Methods of Payment - BCC Accredited
£248 + VAT
£310 + VAT
Can you describe the four main methods of payment and three types of letter of credit? With over 75% of letters of credit being rejected on first presentation to the bank companies want to be able to avoid the extra costs involved.
This full day course aims to provide delegates with knowledge and understanding of the procedures involved to ensure they receive payment for their goods.
• Be able to identify and describe the different types of letter of credit and methods of payment used in international trade
• To comply with the requirements of a letter of credit and different methods of payment
• Identify and understand the necessary documentation for payment
• Describe the main parties in a letter of credit transaction and their roles
Who Should Attend?
This course is suitable for anyone involved in the export or import process such as; accounts, purchasing / buyers, freight forwarders, shipping, goods inward staff and many more.
“I have a much better understanding of the subject as a whole and the knowledge to allow me to tackle letters of credit going forward.”
“This course has helped to increase my knowledge and confidence in handling letters of credit.”
15% of fee payable if delegates cancel more than 7 days in advance. If less than 7 days the full fee is payable.
Two of the 'core 10' courses accredited by 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.