Letter of Credit
Course Overview:
Our letter of credit training is appropriate for any business receiving letters of credit, from small exporters to large global corporations. Our experienced and personable trainer will give you confidence to manage letters of credit containing the most challenging of terms and provide advice and handy tips for significantly cutting administration time and bank charges.
Course Objectives
- Understand the forms and types of letters of credit.
- Devise a formula to influence the letter of credit content.
- Understand the UCP 600 rules and the opportunities it brings to your letter of credit performance.
- Minimize the significant costs and administrative time associated with letters of credit Identify the best performing banks and who to give your business to.
Who can attend this Course?
- Letter of Credit specialists in banks
- Corporates
- Export-Import Managers
- Shipping & Logistics Managers
- In-house trainers
- Domain experts in technology companies
- Administrators in finance and accounting back-office activities & processing
- Administration executives
- Call centers executives.
Course Content:
- Setting the scene – a review of your own challenges, issues and concerns
- The Letter of Credit Cycle
- Variations of Credit – Standby, Transferable, Back-to-Back, Red Clause (optional)
- Sales and Finance Team perspectives – are we working to a common goal?
- Bank Performance Guarantees (optional)
- Bank & Country Risk – Letters of Credit Confirmation
- A detailed look at the ICC rules – UCP 600
- How banks examine documents – International Standard Banking Practice (ISBP 745)
- Letters of Credit exercises
- Reviewing your own examples of L/Cs
- Checking the letter of credit upon receipt
- Identifying and reducing discrepancies
- Understanding and Reducing Bank Charges and Confirmation fees
- Document Checking Exercise
- Using Letters of Credit as a tool for Financing
- Case study on an export letter of credit
- Non-traditional payment methods.
Benefits of Letter of Credit Training in Dubai :
- Letter of Credit Training in Dubai by our trained experts.
- You will get both Institutional certificate and the KHDA certificate.
- Spoton provides you the facility to schedule the classes according to your availability.
- You will get the Letter of Credit Training study materials to study further.
Enquire About The Course
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SpotOn Student Benefits
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Expert Trainers
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Interview Preparation
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I recently completed my Interior designing softwares and it was an amazing experience. I studied AutoCad, Revit and SketchUp here. The time schedule was really flexible. I had two tutors and one of them was Sarath sir, he was very helpful and improved me a lot in software skills and as well as other professional skills. And to specially mention, all the tutors and staffs were friendly and supportive. There are many other courses in this institute and I strongly recommend to try those here.
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CANDIDATES WHO WANTS TO EXPERT IN LETTER OF CREDIT
Frequently Asked Questions?
- To get a better understanding about the Spanish language
- To migrate to Spain
- To find a better job opportunity
- We engage the students in more practical sessions with our certified trainers.
- We teach this language in different levels like A1, A2, B1, B2, C1, and C2 in this course.
- Online and offline
- We have qualified native Spanish trainers.
- You will get more practical knowledge than theory.
- You will be trained by experts.
- You will get both institutional certificate and the KHDA certificate.
- Spoton provides you the facility to schedule the classes according to your availability.
- You will get the study materials to study further.
- This course is about how we pronounce and use Spanish language.
- We guide the students for the preparation for DELE exam.
- This language helps you to find better job opportunities in Spain.
- The course is designed approximately one and half months.
- The duration can be adjustable according to your needs.
- If you need to complete the course as soon as possible we can provide you the facility for fast track.
- It will depend on the student’s and the trainer’s availability.
- You can select any three days including both weekdays and weekends.
- Timing will be flexible ( 2 hours per day)
- It is open from 9.30am-9.00pm
We offer two certificate:
- Institutional certificate
- KHDA certificate (Knowledge & Human Development Authority of Dubai)