Letters of Credit for Importers-Exporters: Intricacies of Contractual Agreements, Negotiation and Policies
OVERVIEW
Import and export Letters of Credit are the
primary instruments for assuring payment of goods sold internationally. Letters of Credit are issued under
the Uniform Customs and Practice standard and can be negotiated by over 30,000
banks worldwide.
This web session is designed to provide
attendees with an end-to-end understanding of the export Letter of Credit
process. From the beginning of a contractual agreement, through the letter of
credit application process and actual negotiation of the L/C, this information-rich
webinar will provide techniques that are indispensable to both importers and
exporters.
WHY SHOULD YOU ATTEND
If your organization is engaged in importing
and exporting, then your staff should understand Letters of Credit documentation requirements.
In recognition of the challenges associated
with the execution of international payment terms, this webinar will provide
both importers and exporters with the insight necessary to make well-informed
credit decisions. Using a combination of easy-to-understand explanations and
real-life scenarios, this program is ideal for credit managers, international
sales people, logisticians and order management personnel.
This webinar is a must-attend event for importers or exporters and those who need to understand the details of how to negotiate, prepare and execute error-free letters of credit.
This webinar is a must-attend event for importers or exporters and those who need to understand the details of how to negotiate, prepare and execute error-free letters of credit.
AREAS COVERED
- Gain a comprehensive understanding
of the export letter of credit process
- Learn how to negotiate the terms
of both import and export L/Cs
- Be 100% aware of letter of credit
documentation requirements
- Be aware of all expenses
associated with using letters of credit
- Learn how to avoid amendments and
discrepancies
- Understand the role of banks and
freight forwarders in the L/C process
LEARNING OBJECTIVES
Even in today’s free trade-oriented business
environment, companies must exercise particular caution when agreeing on
payment terms. With financing choices that include cash in advance, open terms,
letter of credit (L/C), sight
drafts and time drafts, both importers and exporters need to understand the
true implications of their credit policies and practices.
WHO WILL BENEFIT
- Exporters/Importers
- Logistics and trade professionals
- International sales executives
- Customs brokers
- Freight forwarders
- Airlines
- Steamship lines
- International banking personnel
- Professors and students of global
trade
- Chambers of Commerce
- Foreign Trade Associations
Use Promo Code FALL19 and get flat 30% discount on all purchases
To Register (or) for more details please click on this below
link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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