Export: Letters of Credit

21 Feb 2023 09:00 - 13:00

Location
Online Event

Cost
Members: £300.00
Non members: £350.00

This Letters of Credit training course has been devised for companies/departments that are regularly receiving or handling Letters of Credit. It will help you to reduce risks, bank charges and improve efficiency of administrators.

This course will cover the following:
 
  • The need for careful credit checking
  • The export quotation
  • A review of other payment methods – advantages and disadvantages and when they should be used
  • What is a Letter of Credit?
  • Letter of Credit administration
  • The Letter of Credit Procedure
  • Letter of Credit types and levels of security
  • Letter of Credit costs
  • The terminology, form and structure of L/Cs
  • Incoterms and L/Cs
  • The documents – an in-depth study of the specific Letter of Credit documents
  • What can go wrong?
  • Tips to ensure you get it right at all stages of the Letter of Credit transaction
  • UCP 600 considerations
  • The significance of L/Cs in the current economic climate
**This price is exclusive of VAT**

This workshop is sponsored by The West Midlands Combined Authority

Book Your Place

You need to be registered online to book your place.

Login and book your place

If you aren't a Chamber member or you're not registered on our website, please click the button below to register. You can sign up as a free Digital User, or choose a paid option to become a Chamber Member. You can find out more about our membership choices on the membership page.

Register