FOLLOW US

About Us

Our Programmes

Essentials of Letters of Credit

Letters 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.

Module Content

  • 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)

Target Participants:

Suitable for personnel involve in logistics operations, credit management, purchasing and trade documentation etc, and have little or no knowledge of Letters of Credit.

Medium of Instruction:

English

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:

24th & 25th February 2022

Time:

9.30am to 5.30pm (Thursday & Friday)

Mode of Delivery:

Delivered via synchronous e-learning

Upcoming Dates:

26th & 27th April 2022

Time:

9.30am to 5.30pm (Tuesday & Wednesday)

Mode of Delivery:

Delivered via synchronous e-learning

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-2021002816 TGS-2020500012
Course Support Period 26 Feb 2021 to 25 Feb 2023 5 Aug 2002 to 18 Dec 2023

Language & Culture

A diverse range of courses that incorporate Mandarin both at a business and a personal level...
Read More
View Detail

Business Studies

Business, management and skill-specific programmes to meet training & development needs of local industries...
Read More
View Detail

China Ready Suite

Develop & deepen your skills in order to be ready for the opportunities arising from the Chinese market...
Read More
View Detail

SkillsFuture

Lifelong learning and build deep skills that enable you to grow in your profession...
Read More
View Detail

Corporate Training

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.

Sign Up Today