L/C Types Procedure & Management L/C Financing Risk

Course Details:

  • Letter of Credit Operation & Settlement Mechanism
  • Different types of L/Cs and Obligations of Different parties involved in L/C
  • Advising & Confirming Export L/Cs
  • Back to Back L/C & Exercise on Back-to Back L/C
  • Transport documentation, Bill of Exchange
  • UCPDC-600; Invoice & Other Documents
  • International Trade Policy and Procedures, Inco-terms
  • Scrutiny Lodgment, Retirement of Import Bills
  • Pre-shipment & Post-shipment Export Financing under L/C
  • Negotiation of Export documents
  • Learning Checks & Group Presentation
  • Banking Activities in general
  • Chief banking activities
  • Trade Finance
  • Operational banking activities
  • International Trade
  • Scope of International Trade
  • Banks role to support International Trade by trade finance
  • Trade Finance Products
  • Letter of credit – Import
  • Letter of credit- export

 

What you will learn:

  • Definition: Letter of credit Types of LC
  • Parties involved in L/C
  • LC opening procedure in banks
  • UCP-600 (To eliminate risk)
  • Scope of UCP
  • Shipping documents to clear goods from port
  • Shipping guarantees
  • Trust receipts financing (LC +Open A/C)
  • Collection products
  • Collection documents
  • L/C Discounting at bank risk or customer Risk (with recourse and without recourse)
  • Factoring /Invoice discounting

 

Requirements:

No experience required

 

Who can attend:

The business owners or individuals are interested to start export-import business , business graduates & engineering students, professional engaged in Export, Import, Procurement, Logistics, Supply Chain, Distribution ,Shipping, Freight Forwarding ,C&F, Indenting, Agency Business, Customs, Courier ,Training, Finance & Accounts, International Trade and many more learning minded people those are involved in Private Sector, Public sector and Nonprofit organizations (NGOs)

 

Learn by doing

  • Safely expand business internationally
  • Highly customizable
  • Seller receives money on fulfilling terms
  • Works as a credit certificate for buyer
  • Seller is free of credit risk

Quick to execute for creditworthy parties

Course at a Glance

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