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:
This 24 hour training course is specially designed for staff of business organizations who deals with foreign trade and need to attain related expertise to get proficiency in their day to day work.
The Letter of Credit (L/C) Training course is designed to provide participants with a comprehensive understanding of the process, documentation, and regulations involved in international trade transactions using letters of credit.
An Advanced LC course not only improves your career and promotion prospects. For Trade Practitioners in a highly competitive global market, this course puts you head and shoulders above your peers by demonstrating your deep knowledge as a trade professional.
This course will give you the skills and ability to understand the key practices, procedures and legislation of international trade finance and makes you career-ready for this field.
This training will teach you about carrying out plans for exports and imports of goods and will provide the delegates with an in-depth understanding of the International Trade Cycle.
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