Letters of Credit

Global Training Center > Letters of Credit

Course Description

International Letters of Credit Course. Imagine not getting paid for your international sale! Unfortunately, it does happen. Learn to fully comply with Letters of Credit requirements to ensure that you receive payment for your shipments. Get involved in the set-up process, learn the basic terminology and significance of various documents, and learn how to prevent and handle discrepancies. Everyone involved in the international sale should learn about the Letters of Credit requirements. This will ensure that you receive payment for your shipments, get paid faster and lower bank fees. See Schedule ->

What you will learn

Understand the Letters of Credit Requirements
How to minimize discrepancies and risks
Different types of Letters of Credit
Consider other payment methods
Select most appropriate method of payment for your company
Compare the costs and risks of various LC options
UCP 600 included in reference book!
ISP 98 included in reference book!

Course Will Benefit

Employees of Exporters, employees of Importers, Purchasing, Sales/Marketing, Logistics, Traffic, Customer Service, Credit Managers, Controllers, Engineering, Legal personnel.

If you are a Customs Broker or Freight Forwarder you will benefit too; you are involved with the responsibility for International Documentation, ensuring shipments are released or loaded according to the deadlines imposed in the letter of credit as well as the regulations.

Class is excellent for beginners and also serves as a refresher for experienced professionals. Instructor will level set the course based on attendees.