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Letters of Credit Demystified

Members = £75.00 + VAT

Non-Members = £90.00 + VAT

Join us for an in depth three hour workshop on letters of credit demystified. It will address a wide range of issues that can occur with documentary letters of credit.

The main outcomes for the exporter or importer will be:

Understanding where to go for assistance, when required

Getting letters of credit opened correctly in the first place

Achieving compliant documents, on first presentation

Understanding what risks are actually covered by each letter of credit

As a result costly amendments and delays can be avoided and traders can be more sure of payment.

You will leave with an understanding of:

The basic principles of documentary credits

Types of credit, their uses and characteristics

The issuing, advising, confirming and negotiation process

Who should attend?

Exporters who want to be sure of being paid

Importers who need to limit the time their resources are tied up as a result of their bank’s contingent liability under the letter of credit

Freight Forwarders and logistics service providers who will benefit from an update

Bank international trade advisers

All other international traders and advisers

Presenter

The course will be presented by Graham Card MIEx (Grad) International Trade Adviser at the Kent Invicta Chamber of Commerce.

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