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.
DurationThis program 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. It also highlights the process and necessary step that go into developing a Letter of Credit.
Objectives:
- International Trade Operations
- The features & benefits of Letters of credit
- Difference methods of payment settlement
- Shipping documents
- Contract of sale, price quotation, INCOTERMS
- Documentary credits
- Contractual arrangements under a documentary credit
- Treatment of discrepant documents
- Letters of credit - Opening, Amending, Advising & Confirming
- Basic rules for Exporters/Importer
Rythm Training Zone under Rythm Events is a pioneer training and consultancy service provider located in UAE. It has a vast reservoir of expertise and knowledge that has been tasked to help companies achieve their organizational goals of effectiveness, enhanced performance, and quality output.
It has been known to provide 'Quality Employee Education' through its wide range of training programs and consultancy services.
Training Methodology:
(Institute Review)
55 years ago(Institute Review)
55 years ago
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 is a detailed course to learn different terminologies, concepts and components of Letter of Credit.
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.
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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