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International Trade Workshop - Letters of Credit
Letter Of Credit: The Oldest Method Of Payment In International Trade, Explained In 21st Century Language
Duration:
- 1/2 Day (4 Hours)
This interactive workshop:
- Highlights & clarifies the basic terminology & procedures involved with different methods of payment used in international trade
- Guides participants through the steps from “sales agreement” to “receipt of funds”
- Workshops Letters of Credit including electronic data transmission and most frequent errors
Attendees will:
- Participate in an interactive classroom style of instruction based on question and answer
- Reinforce new learning in practical, small group workshops
- Return to the workplace fully trained on Documentary Credits and prepared to put their knowledge to practical use
Topics covered include:
- Role and Responsibilities of Buyer, Seller, Logistics Service Provider, Banks
- Terminology, definitions and documents including UCP 600, Drafts, Collection Letters
- Complete “step by step” instructions and procedures for successful negotiations
- Risks, rewards, dangers and pitfalls
A must attend for:
- International Freight Forwarders: Export managers, supervisors, and all employees involved in exporting. Customer Service, Sales personnel, Customs other logistics service providers who guide or advise clients.
- Canadian Exporters & Importers: Management and personnel involved in International Sales, Purchasing, Procurement, Finance, Logistics.
Rewards include:
- Reduction in errors -- fewer bank penalties
- Reduced costs
- Faster, more efficient processing of LC transactions
| QUICK LINKS |
| Education Calendar |
| Program Pricing |
| Register Online |
| Contact Information |
| Letters of Credit |
| Essentials of Exporting |
| Incoterms |
| Protecting your Business With the CIFFA STCs |
| Cargo Insurance |
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