MASTERING PAYMENT RISKS, LETTERS OF CREDIT & UCP 600
Course
In Kolkata
Price on request
Description
-
Type
Workshop
-
Location
Kolkata
Facilities
Location
Start date
Kolkata
(West Bengal)
See map
BE-337, Sector 1, Salt Lake City, 700064
Start date
On request
Reviews
Have you taken this course?
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.
CONTENT:
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)
Suggested time frame: A minimum of two full days.
CONTENT:
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)
MASTERING PAYMENT RISKS, LETTERS OF CREDIT & UCP 600
Price on request