Methods of Payment & Letters of Credit

Methods of Payment & Letters of Credit:

Over 75% of first presentations to banks against documentary letters of credit are rejected, resulting in delays in receiving payment, additional costs, and missed deadlines. This course covers the main types of payment for exports, and is designed for accounts, administration and sales staff who need a clear understanding of the procedures required to ensure payments for goods sold on documentary credit terms.   

The course covers:

Examination of documents for Advance Payment, Documentary Collections and Open Account, Types and levels of security, Letter of Credit administration and procedure, Letters of Credit costs, Letter of Credit content - getting the credit you want, What can go wrong?, Top tips for success every time.

Wednesday 15 March, 9.30am - 4.30pm

Friday 22 September, 9.30am - 4.30pm

 

Please contact rachel@suffolkchamber.co.uk for further information, dates of upcoming courses and to discuss how we can assist your training needs.