What will I learn?
The course Receiving Payment & Using Letters of Credit provides an overview of all methods of payment when trading internationally including the risks and benefits involved. It then concentrates on Letters of Credit helping you examine and learn the rules of managing Letters of Credit, making sure documents are compliant and payment is successful.
In the half day course, we cover:
- Methods of Payment & the Risk Ladder
- Documentation & Extra costs
- Review of Payment and Risks relating to
- Advance Payment
- Documentary Collections
- Open Account
- Letters of Credit
- What is a letter of credit and how does it work?
- Opening and drafting an L/C
- Formatting
- Incoterms and Insurance
- The Letter of Credit Process
- Important Need-to-knows
How will I learn?
This is a hands-on practical course designed to give you the expert knowledge you need to run your international trade smoothly. This course, Receiving Payment & Using Letters of Credit, will be delivered online.
Time and cost?
Full day intensive course – for costs please contact our training team on 0115 7270018 or email training@exporter-services.co.uk or contact us through our chat facility on the website.
