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The Essentials of Letters of Credit

 

(Conducted in English) 
 
Programme Details

Upcoming Classes 
Total Training Hours: 14
27 October & 3 November 2017
Friday



Introduction
Letter of Credit serve as effective, inexpensive assurance of payment to vendors before the goods get shipped out to their buyers. Learn about the basics of utilising this document in order to facilitate your company’s various logistical processes.


Course Content / Structure
• Overview of Letter of Credit (L/C) 
• Role of Banks in L/C
• Letters of Credit
  - How They Work; 
  - Types of L/C; 
  - The Technical Variations. 
• Opening a L/C
  - Essential Requirements by Banks;
  - Key Terms and Conditions.
• Reviewing Export L/C and Documents Presented under an Export L/C
• Avoiding & Resolving Discrepancies under an Export L/C
• Understanding Shipping Terms in Relation to L/C
• Uniform Customs & Practice for Documentary Credits (UCP 600)


Assessment and Certificate
Participants who fulfill at least 75% attendance for the whole course will be awarded Certificate of Attendance. There is no assessment for this course.

WHO SHOULD ATTEND
This course is suitable for personnel involve in logistics operations, credit management, purchasing and trade documentation etc, and have little or no knowledge of L/C.

  Fees
Full Course Fee
Full Course Fee with 7% GST 
 
$350.00
$374.50
 

Non-members who are keen to sign up for this course will need to pay a non-refundable $53.50 (inc. GST) membership fee.

Course fee can be made using SkillsFuture Credit.

Contact Us
Tel: 63341080 
Email: info@scciob.edu.sg

Venue
111 North Bridge Road
Peninsula Plaza
#06-05/06
Singapore 179098

Forms
Download Enrolment form


*SCCIOB reserves the right to cancel or postpone the course, change the trainer and venue due to unforeseen circumstance












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