As a result of attending, participants will gain an:
Overview of Letter of Credit raising procedures.
Understanding of the procedure for checking a Letter of Credit.
Need for Strict Compliance of the Letter of Credit.
TOPICS COVERED:
Procedures for raising Documentary Credits
Rules governing Credit - UCP 600
Types of Letters of Credit
Doctrine of Strict Compliance
Check List on receipt of Letters of Credit
Conditions to be met on Credits
Presentation of Documents to bank in accordance with Letter of Credit
Question & Answers The morning session of the course will cover procedures and completion of documents, with the afternoon covering more pratcical excercises, with each delegate encouraged to bring examples of documents which they would be dealing with.
BENEFIT:
This course serves as a useful introduction to Letters of Credit and gives an overview of requirements and presentation to the Bank.
Member Cost: £190 plus VAT
Non Member Cost: £250 plus VAT
