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Advanced Letters of Credit


(Conducted in English)
Programme Details

Upcoming Classes 

Total Training Hours: 14
Date: 26 & 27 Nov 2020
Time: 9.30am to 5.30pm

Transportation of goods from exporter to importer involves many third-party companies such as shipping agents, bankers and insurance companies, just to name a few. As such, it is important to learn how to protect your company’s interest against cases of fraud, and be aware of the risks that your company may be exposed to.

Course Content / Structure
• Risks & Legal Issues in Letter of Credit (L/C)
• Fraud & Recent Developments
• Special Types of L/C
  - How They Work;
  - Types of Special L/C;
  - Their Technical Variations.
• Back-to-Back L/C and Transferable L/C
• How to Match Terms & Terms with an Export L/C
• Assessing Risks under Standby L/C
• Recent Cases from the ICC – Methods for Settling Disputes on Documentary Credits
• Queries and Responses from ICC with regards to UCP 600
• Recent L/C Court Cases

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.

This course is for personnel (Traders, Importers, Exporters, Shipping Agents etc) who are already familiar with trade documentations such as Letters of Credit, UCP600 etc.

Full Course Fee
Full Course Fee with 7% GST 

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

SDF Training Grant* is available for Singapore Citizens / PRs sponsored 
by local associations and SMEs. 

Course fee can be made using SkillsFuture Credit.

Contact Us
Tel: 6334 1080

111 North Bridge Road 
Peninsula plaza
Singapore 179098


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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