Letters of Credit and Method of Payment Masterclass
£295.00 plus VAT
05/11/24 9:30 – 12:30
This workshop covers the five main types of payment for exports, from advance payment to open account, including Sight Documentary Collection, Term Documentary Collection and Documentary Letters of Credit. It includes the use of Bills of Exchange with and without documents.
Over 75 per cent of first presentations to banks against documentary letters of credit are rejected, resulting in delayed payments to exporters, additional costs and breached delivery deadlines.
The course will give delegates a better understanding of how important it is to get it right first time avoiding delayed payment of goods exported.
Prepare your business for customs audits with expert-led insights. Learn how audits are conducted and how to ensure your business is compliant and audit-ready.
International markets offer huge Export opportunities for UK businesses. Finding and developing new markets for products is a hugely valuable avenue for expansion and in some sectors in particular, global demand for British brands and products makes international trade an excellent means of growth.
Incoterms® (International Commercial Terms) are a vital component of international trade contracts, providing globally recognized, three-letter acronyms that define the responsibilities and risks of buyers and sellers.