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Documentary Credits in Practice |
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EUR 97.00
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A practical course specially designed to provide participants with the KNOWLEDGE and SKILLS to: - Examine and understand the terms and conditions in a Letter of Credit (LC) - Avoid and resolve discrepancies when handling documents called for in a LC - Handle special LC - Understand specialised areas of LC - Understand the uses, mechanics and risks of LC For Whom Anyone who needs to know about Letters of Credit. Course Content Overview of Letters of Credit (LC) Role of banks in LC Letters of Credit - How they work - Types of LC - The technical variations Opening a LC - Essential requirements by banks - Key terms and conditions Reviewing an export LC Reviewing documents presented under an export LC Avoiding and resolving discrepancies under and export LC Understanding shipping terms in relations to LC Uniform customs and practice for documentary credits (UCP 600) |
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