International Trade Training 25 - Flipbook - Page 13
Methods of Payment &
Letters of Credit
This course is suitable for those working in
International Trade and are involved in the
management and presentation of Letters of Credit.
The course provides an overview of all methods of
payment when trading internationally to include the
risks and bene昀椀ts involved. It will then concentrate
on the Letter of Credit aspect guiding you through
the rules of managing a letter of credit, making
sure documents are compliant and payment is
successful. The agenda and course objectives are
as follows:
»
Foreign Currency Transaction Mitigation
»
Methods of Payment – risks and bene昀椀ts
- Advance Payment
- Documentary Collection
- Open Account
- Letter of Credit
»
The Letter of Credit Process
- Terminology
- Advantages and Disadvantages
- LC Types
- UCP 600 Rules
- Management and Presentation of the Letter of
Credit
»
Incoterms 2020 and Insurance
»
Shipping Documents
»
Best Practice for L/Cs – Hints and Tips
»
Practical Session
Dates:
Wednesday 14 May 2025
Wednesday 29 October 2025
Time:
9.30am - 3.30pm
Cost:
Members - £245+VAT
Non Members - £295+VAT
(Please note: this is a full day course delivered on
Microsoft Zoom.)
Assessment & Accreditation.
British Chambers of Commerce Accredited
This course is part of the BCC Foundation Award
which can be taken as a group of 6 to achieve the
award or it can be undertaken on its own.
Book
01782 202222
01782 224405
13
