Letters of Credit & Methods of Payment

Letters of Credit & Methods of Payment BCC accredited module

1 Day

This course is suitable for those working in International Trade and are involved in the management and presentation of Letters of Credit.

The course provides an overview of all methods of payment when trading internationally to include the risks and benefits involved.

It will then concentrate on the letters of credit aspect guiding you through the rules and managing a letter of credit, making sure documents are compliant and payment is successful.

The agenda and course objectives are:

  • Foreign Currency Transaction Mitigation
  • Methods of payment – risks and benefits
  • Advanced payment, Documentation collection, Open Account, Letter of Credit
  • The Letter of Credit Process
  • Terminology
  • LC types
  • UCP 600 Rules
  • Incoterms 2020
  • Shipping Documentation
  • Best practice for L/Cs – hints and tips

A short end test is taken for the BBC Accredited Certificate in Letters of Credit

For more information, or to book a place on this course, call us on 01908 733082 or email training@northants-chamber.co.uk. Chamber members can book online.

Our Upcoming International Trade Events

  • Commodity Codes | Milton Keynes Chamber of Commerce

    12 Dec 2024

    Commodity Codes

  • Beginners Practical Guide to Exporting | Milton Keynes Chamber of Commerce

    09 Jan 2025

    Beginners Practical Guide to Exporting

  • Beginners Practical Guide to Importing | Milton Keynes Chamber of Commerce

    09 Jan 2025

    Beginners Practical Guide to Importing

  • Understanding Export & Export Documentation | Milton Keynes Chamber of Commerce

    23 Jan 2025

    Understanding Export & Export Documentation

  • Customs Procedures and Documentation | Milton Keynes Chamber of Commerce

    05 Feb 2025

    Customs Procedures and Documentation

  • Import Procedures including IP & OP | Milton Keynes Chamber of Commerce

    20 Feb 2025

    Import Procedures including IP & OP

  • Incoterms | Milton Keynes Chamber of Commerce

    06 Mar 2025

    Incoterms

  • Letters of Credit & Methods of Payment | Milton Keynes Chamber of Commerce

    20 Mar 2025

    Letters of Credit & Methods of Payment

  • Commodity Codes | Milton Keynes Chamber of Commerce

    26 Mar 2025

    Commodity Codes

  • Preference Rules of Origin | Milton Keynes Chamber of Commerce

    26 Mar 2025

    Preference Rules of Origin