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Professional Programmes |
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Professional Certificate in
Documentary Credits
Course Objectives
To develop the skills, proficiency & knowledge in understanding
the negotiation of letters of credits .
Course Design
For individuals involved in trading, purchasing and shipping where
there is a requirement to understand the fundamentals and concept
of working with letters of credit.
Course Contents
| What is a letter of Credit ? |
Precautions and Steps |
| Opening a L/C |
procedure Negotiating a L/C |
| Terminology and Common Clauses |
Discounting an L/C |
| Types of Letters of Credit |
Amendments/Disputes |
| Irrevocable/Revocable |
I.C.C. answers to common questions
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| Confirmed |
Uniform Customs Procedure for Documentary |
| Restricted |
credits - ICC No. 500 |
| Usuance |
Advantages and Disadvantages |
| Red Clause |
L/C frauds |
| Back-to-Back |
Cases and Legal analysis |
| Transferable |
Panel Discussions |
Certificate of Attendance
To be awarded the Certificate of Attendance, participants must
attend 90% of the class.
Course Duration : 1 day ( Sat) 1400 - 1700 hrs
Course Fee : $ 150.00
Registration : $ 25.00
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