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Practical Import/Export Documentation and Letter of Credit

This course provides a comprehensive overview of international trade documentation and procedures essential for successful and compliant global transactions. Participants will learn to interpret and apply the guidelines outlined in INCOTERMS, IATA and FIATA documentation.

The course also covers the intricacies of dealing with documentation related to Letter of Credit , Free-Trade Zone, licensed warehouses, and bonded warehouses. Participants will gain practical skills in facilitating the preparation of LC checklists, ensuring meticulous attention to all required documentation and addressing any discrepancies to ensure compliance with international trade regulations.

Learning Outcomes

  1. Interpret the documentation and procedures required by International Commercial Terms (INCOTERMS), International Air Transport Association (IATA), and International Federation of Freight Forwarders Association (FIATA).
  2. Review documentation and procedures required under Letter of Credit (LC), Free-Trade Zone (FTZ), licensed warehouses, and bonded warehouses. 
  3. Facilitate the preparation of LC checklists, ensuring all necessary documentation is addressed.
  4. Check and rectify errors and discrepancies between checklists and documentation to ensure compliance with international trade
  5. Apply analysis on INCOTERMS to determine the cost, risk, customs clearance, and goods and services taxes required for international trade compliance
  6. Understand the TradeNet administration process and requirements to effectively facilitate the declaration of correct permit types
     

Target Participants:

Professionals, Managers and Executives (PMEs) or team leader from the logistics and related sectors in supply chain, shipping, transportation and storage, freight, cargo, warehouse and procurement.

Entry Requirements

1) Age 21 years or above and have at least 2 years of work experience in team leader or executive position. 
2) Able to speak, listen, read and write English at a proficiency level not lower than the Employability Skills WSQ Level 3 WPL (Comprehensive) and WPN.

Medium of Instruction:

English

Assessment and Certification

Participants who achieve at least 75% attendance and pass the end-of-course assessment will be awarded the Statement of Attainment
(FOR ALL 16 Hours course)

Participants who achieve 100% attendance and pass the end-of-course assessment will be awarded the Statement of Attainment
(FOR ALL 4/ 8 Hours course)

Course Schedule

Date, Time:

14 & 15 Nov 2024, 9.00am to 5.30pm

Mode of Delivery:

Classroom Learning

Online Registration:

Click here

Date, Time:

5 to 6 Dec 2024, 9am to 5.30pm

Mode of Delivery:

Classroom Learning

Online Registration:

TBA

Total Training Hours: 15 hours (2 days)
Enrolment Closing Date: 7 working days before course commencement

Course Fees

Category Singapore Citizens & Permanent Residents Employer-sponsored and Self-sponsored Singapore Citizens aged 40 years and above SME-sponsored Local Employees (i.e Singapore Citizen & Permanent Residents)
Funding Source SkillsFuture Funding (Baseline) SkillsFuture Mid-Career Enhanced Subsidy SkillsFuture Enhanced Training Support for SMEs
Course Fees $450.00 $450.00 $450.00
SkillsFuture Funding $225.00 $315.00 $315.00
Total Nett Fee $225.00 $135.00 $135.00
GST (9%) $40.50 $40.50 $40.50
Total Fee Payable to SCCIOB $265.55 $175.50 $175.50

Prices shown are not inclusive of application fee and/or any other additional fees that may be stipulated.

Course fees can be offset by using your SkillsFuture Credit!

UTAP - Get up to 50% Nett Course Fee support as an NTUC Member!

 

  In-Classroom Training Synchronous e-learning
TGS Code TGS-2023022129  
Course Support Period 12-06-2023 - 11-06-2025  

Testimonials

The Import and Export Letter of Credit course was only a two day course but I have learned much as the lecturer made connections to examples in his rich industrial experience. Looking forward to more related courses in the school.

Szu Kiong

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