International Letter of Credit & UCP: Advanced Certification

International Letter of Credit & UCP: Advanced Certification

Learn how LC cycle works for exports and imports. All about UCP 600 & 500 and ISBP 2007. Types of LCs / Discrepancies.

What you’ll learn

  • Different methods of receiving international payments in exports.
  • Role of international banks in international trade financing and documentary credit
  • Typical exports and documentary credit cycle.
  • Types of International Letter of credit
  • International Letter of Credit Opening Instructions
  • Precaution taken by beneficiary before accepting letter of credit.
  • Common discrepancies in LC documentation presentations.
  • Role of UCP 500/600
  • Role of ISBP 2007
  • International Letter of Credit Frauds and prevention
  • Overview on UCP 600 compared with UCP 500
  • Common provision of UCP 600
  • New additions to UCP 600
  • Emerging role of new revolutionary Blockchain based L/Cs
  • All about INCOTERMS®2020

Requirements

  • There are no course pre requisite to this course
  • Little knowledge of typical export process is desirable

Who this course is for:

  • Any one looking for high paying salaries in the LC departments of MNCs, Banks
  • Anyone looking for career in managing digital letter of credits working from home
  • Exporters and importers who want to refresh and update their complete knowledge about LCs
  • Students looking for career in global business
  • Entrepreneurs with global ambitions
  • New startups in the area of blockchain based international trade soltions
  • FX dealers
  • International banks professionals or bank job seekers
  • Working professionals in international trading companies
  • Senior managers managing global operations
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