This is a detailed course to learn different terminologies, concepts and components of Letter of Credit.
This is a detailed workshop to learn different terminologies, concepts and components of Letter of Credit.
Outline:
- Personal Development
- Chief banking activities
- Banking Activities in general
- Trade Finance
- International Trade
- Operational banking activities
- Scope of International Trade
- Trade Finance Products
- Banks role to support International Trade by trade finance
- Letter of credit - Import/export
- Parties involved in L/C
- Definition: Letter of credit Types of LC
- LC opening procedure in banks
- Scope of UCP
- Shipping documents to clear goods from port
- UCP-600 (To eliminate risk)
- Trust receipts financing (LC +Open A/C)
- Shipping guarantees
- Collection products/documents
- Factoring /Invoice discounting
- L/C Discounting at bank risk or customer Risk (with recourse and without recourse)
Prime Easylearn Training Institute is a pioneer training provider that gives high-quality training service. It is comprised of a well-experienced, talented, and professional team who are experts in identifying the training needs and delivering the desired results.
Prime Easylearn offers many courses ranging from Langauge, IT, Academic Test Preparations and many other areas.
Core Values:
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Learn how to make letters of credit work, optimize its use, reduce credit risk, understand alternative modes of payment available, properly using transport documents, common discrepancies, issues with insurance and plenty more in this course
This is an ideal course for all professionals whose work-role is tied up with Letter of Credit and it associate section. It will help you to not only understand different elements of Letter of Credit but also assists in reducing the discrepa
This course will teach you about different rules and regulations of Documentary Credit. It takes you through different articles set in UCP 600 as per its functionality and applicability in various situations.
This course will teach you in-depth about 'Letter of Credit'. You will learn all you need to understand about Letter of Credit and ensure that there are no discrepancy charges and maintain the security of payment.
Course completion certificate stamped by KHDA is provided to all students. You will learn about all the underlying concepts involved in the process of creating a Letter of Credit. You will learn about international trade, scope of LC, types
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