Letters of Credit – BCC Accredited

Workshop Programme in Detail
Topics covered include:
Why we use them?
What can go wrong, How to prevent errors, A review of payment risk and the Payment Risk Ladder, methods of payment including where letters of credit feature in the risk ladder.
Types of Letters of Credit, The parties involved and their roles and responsibilities, The role of the Issuing, Paying and Confirming Banks
An introduction to the rule book – UCP 600, Overview International Standard banking practice book (ISBP), The Banks doctrine of strict compliance, How to prepare documentation, Check lists, Practical exercises relating to UCP 600 and preparing Documents.
Course Outcome
To have a clearer understanding of rules and regulations around Letters of Credit, and to gain confidence and experience preparing documentation.

Contact Hours

Level

Cohort Minimum

Cohort Maximum

Number of Training Sessions

Price per Learner

(Minimum Cohort)

£350.00

East Midlands Chamber's Offer

Keeping your staff development up to date during this time is essential, meaning that once we get back to ‘normal’, skills will have been harnessed and we will be ready to hit the ground running! We are now offering a range of online bite-size courses specifically to support your business during this period of social distancing.We continue to promote and take bookings on our face to face training courses.  Be ‘course confident’, if courses are postponed we will transfer your place onto the next available date, and new dates are being added to support the additional numbers that will be required once we are able to meet face to face again.  We also have our own large training rooms, where social distancing measures will be in place to support and protect our customers – so you will be in safe hands.  And don’t forget we offer bespoke training, designed to support your businesses specific needs – this is online or face to face.General: Vicki Thompson 07469148833 International: Julie Whiting 07879519404E: business.training@emc-dnl.co.uk  

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