Institute of Banking Studies
In Kolkata

Price on request
You can also call the Study Centre
33235... More
Want to speak to an Advisor about this course?

Important information

Typology Workshop
Start Kolkata
  • Workshop
  • Kolkata

Important information

Where and when

Starts Location
On request
BE-337, Sector 1, Salt Lake City, 700064, West Bengal, India
See map
Starts On request
BE-337, Sector 1, Salt Lake City, 700064, West Bengal, India
See map

Course programme

This programme provides a total understanding of every aspect of LC operation, management of risks in international trade, international systems of trade settlement, the application and use of LCs in international trade, the rules of the game and the tricks of the trade, problem LCs, dangerous LCs, how to make the best use of LCs, the application of UCP 600, URR 725, reducing discrepancies in documents through the use of ISBP (ICC 681), and other essential information to help you gain competitive advantage in negotiations and international trade settlements.

Suggested time frame: A minimum of two full days.


Risks in international trade

Methods of payment, risk comparisons

Definitions, types of LCs, confirmed LCs, restricted LCs

Back-to-Back LCs, LCs in Transit Trade & Merchanting Trade

Documents, discrepancies in documentation, dealing with discrepancies

Problem LCs, dangerous LCs, dealing with problem LCs

Amendment, extension of due dates, reimbursement clauses

Issues affecting exporters/importers

Financing foreign trade

Background to UCP 600, implications of the changes, clauses compared with UCP 500

Incoterms (CIF, C&F, FOB etc.)

ISBP (ICC 681)

URR - ICC 725 (Rules revised with effect from 1 October 2008)

Rules for Collection (ICC 522)

Achievements for this centre

Students that were interested in this course also looked at...
See all