Letters of Credit Course
Letters of Credit Course What are the Letters of Credit Course? Letters of Credit Course is about an instrument frequently used to effectuate payment between a buyer and a seller , usually referred to as an LC or a Documentary …
Overview
Letters of Credit Course
What are the Letters of Credit Course?
Letters of Credit Course is about an instrument frequently used to effectuate payment between a buyer and a seller, usually referred to as an LC or a Documentary Credit. It can play a significant role in reducing a seller’s payment risk in both domestic and international trading.
Why This Course?
This Letters of Credit Course will assist participants avoid costly mistakes that could result in nonpayment and give them a solid understanding of the technical aspects of using a letter of credit.
- Payment Method & Shipping documents
- Types of LCs
- Issues with letters of credit and solutions to them
- How to manage LCs and the considerations and steps involved in granting LCs
- How the new laws of the government will affect the company
After the completion of the Letters Of Credits Course; Participants will be able to:
- List the various letter of credit types.
- Describe the actions and processes for applying a letter of credit.
- List all the parties engaged in the letter of credit.
- Recognize the issues with the letter of credit and how to fix them.
- Heads of Import and Export
- Logistics Department
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