Introduction to International Letters of Credit
Instructor:
Jan Seal
Product ID: 701834
Training Level: Basic to Intermediate
- Duration: 90 Min
Why Should You Attend:
A letter of credit is one method of payment used in international trade transactions. The Uniform Customs and Practices (UCP 600) are the current internationally recognized set of rules created by the International Chamber of Commerce (ICC) which govern the use of letters of credit.
The benefit to using a letter of credit is that it provides a conditional guarantee of payment from the importer (applicant) to the exporter (beneficiary) if the terms and conditions of the documentary credit are complied with.
Attend this webinar to understand the process of a letter of credit and how to comply with letter of credit requirements to help reduce or prevent costly discrepancies.
Areas Covered in the Webinar:
- Letter of Credit (L/C) process
- Terminology in L/C
- Preparation of L/C Instructions
- Important Areas to Review in L/C
- Checklist for Reviewing L/C
- Costs for Importer and Exporter
- Types of Discrepancies to Avoid
- Documents in a L/C
- Overview of the UCP 600
Who Will Benefit:
- International Sales and Marketing
- International Customer Service
- Purchasing
- Finance and Accounting
- Customs brokers/freight forwarders
- Import/Export Compliance Personnel
- International Bank Finance Department Staff
Jan Seal
Management Consultant, Individual Consultant
She is the author of six books on various international trade topics which are available on the internet at www.amazon.com/author/janseal.
She received her BA Degree from California State University at Fullerton with a year of post-graduate work in Education at the University of California, Riverside. She received her MBA at California State University, Dominguez Hills, and is a member of Delta Mu Delta National Honor Society in Business Administration.
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
