About Us

Our Programmes

Understanding Incoterms

Highly recommended for businessmen who make use of incoterms on a regular basis to have an updated and thorough understanding in order to reduce any potential risks while engaging in trading activities.

Module Content

  • Purpose & Scope of Incoterms
  • Why Revision of Incoterms
  • Incorporation of Incoterms into the Sales Contract
  • The Structure & Variations of Incoterms
  • The Seller’s Delivery Obligations
  • Passing of Risks & Costs Relating to the Goods
  • The Buyer’s Options as to the Place of Shipment
  • Customs Clearance
  • Packaging & the Inspection of Goods
  • Mode of Transport & Appropriate Incoterm 2020
  • Bill of Lading & Electronic Commerce
  • Non-negotiable Transport Document instead of Bills of Lading
  • ICC Arbitration

Target Participants:

Suitable for traders or any persons engage in the processes of goods transportation, cost allocation, insurance matters etc.

Medium of Instruction:


Assessment and Certification

Participants who fulfill at least 75% attendance for the whole course will be awarded the Certificate of Attendance.

Course Schedule

Upcoming Date:

30th April 2021


9.30am to 5.30pm

Training Format:

Delivered via synchronous e-learning

Upcoming Date:

18th June 2021


9.30am to 5.30pm

Training Format:

Delivered via synchronous e-learning

Enrolment Closing Date: 7 working days before course commencement

Course Fees

Full Course Fees (incl. 7% GST) $203.30
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.

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SCCIOB caters to the learning and development needs of a wide variety of corporate staff, including government officials, industry/company leaders & senior managers, working professionals and executives.

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