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Registration from 8:30am - Tea / Coffee, Bacon Rolls
Start Time - 8:45am
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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