Receiving Payment & Using Letters of Credit

Training Booking Details

Date: 
31 December 2025
Time: 
09:30 - 15:30
Email:   training@exporter-services.co.uk

What You’ll Learn

  • Understand the main international payment methods, their risks, and the impact of foreign currency
  • Identify documentation and costs to consider when quoting
  • Explain the pros and cons of Advance Payment, Open Account, Documentary Collection, and Letters of Credit
  • Describe D/P and D/A collection processes, including how Bills of Exchange work
  • Understand what a Letter of Credit is, how it works, and how to manage it successfully:
    • Confirmed vs. Unconfirmed
    • UCP 600 & ISBP
    • Key dates, SWIFT messages, and payment timelines
    • Discrepancies, amendments, and document preparation
  • Recognise different types of L/Cs and when to use them: Transferable, Red Clause, Standby, Revolving, Back-to-Back
  • Identify smart uses of L/Cs, including:
    • Assignment of proceeds (Article 39)
    • Tolerances and flexible terms (Article 30)
  • Apply Incoterms® in the context of L/Cs and payment documentation
  • Take part in a practical exercise to apply your learning

Who This Is For

  • Export and import managers
  • Finance, credit control, and accounts teams
  • Sales teams negotiating international contracts
  • Compliance officers and operations managers
  • Freight forwarders and logistics staff dealing with trade documentation
  • Anyone responsible for securing or processing international trade payments

Learn from the Experts

Exporter Services has been empowering UK businesses to trade successfully for over 15 years.

  • Delivered hundreds of payment and Letters of Credit training sessions for SMEs across multiple sectors
  • Trusted by Chambers of Commerce and leading exporters/importers nationwide
  • Trainers with practical, real-world experience in securing payments and preparing compliant documents

“Using Exporter Services then allowed us the ability to easily process letters of credit as well as providing staff cover and export expertise when required. The team are flexible and helpful as well as being experts in their field… I would not hesitate in recommending Exporter Services.” – I Holland Ltd

Why Train With Us

  • Reduce payment risk by choosing the right method for each customer and market
  • Avoid costly L/C discrepancies with clear, practical guidance on compliance
  • Improve cash flow by ensuring documents are right first time and payment is received promptly
  • Get support after the session with 30 minutes of free Helpdesk time for any questions that arise after the course

Venue

Online, details will be provided after booking

Organizer

Exporter Services
training@exporter-services.co.uk
0115 7270018