Our Programmes
Advanced Letters of Credit
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.
Module Content
- 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
Target Participants:
For personnel (Traders, Importers, Exporters, Shipping Agents etc) who are already familiar with trade documentations such as Letters of Credit, UCP600 etc.
Medium of Instruction:
English
Total Training Hours: 14 hours (2 days)
Assessment and Certification
Participants who fulfill at least 75% attendance for the whole course will be awarded the Certificate of Attendance.
Course Schedule
Upcoming Dates:
30th & 31st March 2022
Time:
9.30am to 5.30pm (Wednesday & Thursday)
Mode of Delivery:
Delivered via synchronous e-learningUpcoming Dates:
1st & 2nd June 2022
Time:
9.30am to 5.30pm (Wednesday & Thursday)
Mode of Delivery:
Delivered via synchronous e-learning
Total Training Hours: 16 hours (2 days)
Enrolment Closing Date: 7 working days before course commencement
Course Fees
| Full Course Fees (incl. 7% GST) | $374.50 |
| Membership Fee (incl. 7% GST, non-refundable) | $53.50 |
| SDF Training Grant is available for Singapore Citizens / PRs sponsored by local associations and SMEs. Terms & Conditions apply. Course fees can be offset using your SkillsFuture Credit. |
| In-Classroom Training | Synchronous e-learning | |
|---|---|---|
| TGS Code | - | TGS-2021005095 |
| Course Support Period | - | 25 May 2021 to 24 May 2023 |
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