Getting Paid: Focus on Letters of Credit - March 2022

Date: 10/03/2022
Time: 9:30 - 16:00
Borough: Online
Contact Name: Export Britain
Contact Email: exportbritain@gmchamber.co.uk
Contact Telephone:

Please note due to Covid-19 this session might be delivered virtually. If you have any questions, please email exportbritain@gmcamber.co.uk. 

The course provides an overview of all methods of payment when trading internationally to include the risks and benefits involved.  It will then concentrate on the Letter of Credit aspect guiding you through the rules of managing a letter of credit, making sure documents are compliant and payment is successful.

  •  Letters of credit will be available providing a ‘hands-on’ practical training session.
  •  Foreign Currency Transaction Mitigation
  • Methods of Payment – risks and benefits
    • Advance Payment
    • Documentary Collection
    • Open Account
  • Letter of Credit
    • Advantages and Disadvantages
    • Terminology
    • LC Types
    • UCP 600 Rules
    • Confirmation
  • Practical aspects of reading Letters of Credit and checking documents

This course is accredited by the British Chambers of Commerce and delegates will receive two credits towards the Foundation Award in International Trade. You will need to achieve 6 credits to be awarded with the Foundation Award, a nationally recognised qualification. For more details on any of the above please email exportbritain@gmchamber.co.uk.

Cancellation Terms

In case you are no longer able to attend this training course, please note you must cancel your place at least 5 working days before the course. The cancellation must be in writing and sent to exportbritain@gmchamber.co.uk indicating the name of the course you are cancelling for and delegate(s) details. If a booking is not cancelled and the delegate does not attend, full event costs will still apply.


Registration deadline: 09/03/2022

PRICE:
NON MEMBERS £340.00 Excluding VAT
MEMBERS £280.00 Excluding VAT

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