IOE International Trade - Exporting Excellence through Education

Advanced Letters of Credit

Members £225 + VAT and Non-Members £295 + VAT
25 CPD points

Course outline
This one day course is geared particularly towards the needs of corporate personnel in the finance and sales/contract areas together with bank staff involved in international trade. It assumes a general knowledge of Documentary Credits and other international payment methods. The course is designed to give delegates a detailed knowledge of Letters of Credit. It also focuses on recent opinions provided by the ICC and legal judgments. Delegates will be made aware of the latest thinking among those charged with accepting documents presented under the Letter, enabling them to prepare appropriately. This understanding will be vital to the success of applications for the raising of any necessary finance

Topics Covered

• A full understanding of UCP 600 and ISBP
• Detailed reviews of parties' roles and responsibilities
• Complex Documentary requirements and how to handle them
• A full review of "hot" topics and the discussions relating to UCP 600
• Structuring Credits for complex transactions including Standby L/C's
• Practical exercises relating to UCP 600 and various structures
• The course is an intermediate step before the Certified Documentary Credit specialist examinations

Course Fees

Members £225+VAT and Non-Members £295+VAT
Locations
Export House, Minerva Business Park, Peterborough, PE2 6FT
London - West End  & Manchester
Seminar Code & Date