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Receiving Payment & Using Letters of Credit

Event Booking Details

16 December 2024
09:30 - 15:30

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.

Specifically, we cover:

  • 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
  • Practical session

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 onsite at our Long Eaton office. (Other dates are available when this course will be delivered online.)

Time and cost?

Full day intensive course – for costs please contact our training team on 0115 7270018 or email or contact us through our chat facility on the website.