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2nd Dec 2021 / All Day

Letters of Credit and Methods of Payment

, , (see map)

£230 (Members)
£280 (Non-members)

By: Liverpool Chamber of Commerce


Who should attend?

This course is a must for anyone in the export team who processes letters of credit. The course explains the process in great detail by showing examples and providing the delegates the opportunity of putting into practice what they have learnt by completing practical. The content will cover other methods of payment used in international transactions.

This course is suitable for export sales managers and administration staff.

Seminar content

It has been designed to meet British Chambers of Commerce National Trade Training Standards. Delegates can, if they wish, complete two assessments during the workshop; this will be used as two credits towards “The Foundation in International Trade”

Course content:

  1. Role of Company, Bank and Customer
  2. The contract, Incoterms,
  3. Types of letters of credit
  4. Terms of payment, terms of doc credit
  5. UCP 600
  6. Preparing documents
    i. Invoice
    ii. Bill of Lading
    iii. CMR/CIM
    iv. Insurance, Dangerous goods
    v. C of O, EUR1, ATR1
    vi. Export licence
  7. Documentary discrepancies
  8. Presentation of documents/Documentation Completion
  9. Practical
  10. Other Methods of payment