Methods of Payment & Letters of Credit Training Course
Can you describe the four main methods of payment and three types of letter of credit? With over 75% of letters of credit being rejected on first presentation to the bank, companies want to be able to avoid the extra costs involved.
This full day course aims to provide delegates with knowledge and understanding of procedures involved to ensure they are paid for their goods. This course is suitable for anyone involved in the export or import process such as; accounts, purchasing/buyers, freight forwarders, shipping, marketing, customer services, goods inward staff and many more.
Be able to identify and describe the different types of letter of credit and methods of payment used in international trade
To comply with the requirements of a letter of credit and different methods of payment
Identify and understand the necessary documents for payment
How to prepare and present the relevant documents in accordance with the terms of the letter of credit to ensure payment
Describe the main parties in a letter of credit transaction and their roles
Hintlesham Golf Club is the home of Suffolk Chamber International training courses.
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