Chamber Event

Methods of Payment & Letters of Credit Training Course

Tue 26 Jun, 2018
09:30 - 16:30
Hintlesham Golf Club, Hintlesham, Ipswich, Suffolk, IP8 3JG
book your place Member £220 + VAT Non-Member £270.00 + VAT

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.

Aims

  • 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.

For further information on Suffolk Chamber International Training Courses please contact:

Rachel Cornes
rachel@suffolkchamber.co.uk 
01473 69404

book your place