Import Letters of Credit and Risk Management

Do you regularly issue Letters of Credit to overseas suppliers?

Do you fully understand the Letter of Credit process?

Are you incorporating the most favourable terms for your business?

If you feel that your key staff would benefit from increased skills in negotiating terms with suppliers, completing bank application forms and understanding trade terminology...

COURSE OUTLINE

This one day interactive workshop is aimed at companies who source raw materials, components or finished goods from overseas.

• Issues facing Importers & Suppliers
• Trade Transaction strategies: The 'Risk Ladder'
• Terms of Payment: Advance Payment & Open Account
• Common Shipping Documents
• Terms of Delivery (Incoterms)
• Understanding and Financing the Trade Gap
• Negotiating the most favourable payment terms for your business
• How to issue Letters of Credit (includes examples* and form filling)
• Documentary Collections
• Avalised Bills of Exchange
• Structured finance case studies
• Managing Foreign Exchange risk
• Hints & tips for reducing bank charges

WHAT ELSE IS INCLUDED

All delegates will receive detailed course notes, exercises and copies of the slides together with a personalised Certificate of Training. We can help you.
Think! A modest investment in training now could save you thousands of pounds in future costs and potential bad debts!

*Case studies and exercises are based on your own purchase contracts

We can help you.