Getting Paid: Focus on Letters of Credit (Training Course)
Sat 10 Oct
|151 Deansgate
With over 75 percent of first presentations to banks against letters of credit being rejected, businesses are aware of the additional costs discrepancy fees can incur. This course aims to provide delegates with a clear understanding of the procedures required to ensure they receive payments for good
Time & Location
10 Oct 2020, 09:00 – 16:00 BST
151 Deansgate, 151 Deansgate, Manchester M3 3WD, UK
About the event
Due to current situation is likely this course will be delivered virtually via zoom.
This one day course covers the 5 main types of payment for exports, from advance payment to open account, including Sight Documentary Collection, Term Documentary Collection and Documentary Letters of Credit. It includes the use of Bills of Exchange with and without documents.
With over 75 percent of first presentations to banks against letters of credit being rejected, businesses are aware of the additional costs discrepancy fees can incur. This course aims to provide delegates with a clear understanding of the procedures required to ensure they receive payments for goods sold.
Upon completing this course delegates will:
Be able to identify the different methods of payment used in international trade, including the different types of Letters of Credit
Be able to identify and understand the necessary documentation for payment