Advanced Letters of Credit Training for Exporters

Our Advanced Letters of Credit training for exporters is an interactive and practical workshop aimed at international companies who regularly receive or handle letters of credit.

This detailed Letter of Credit programme is case-study based, which provides lots of opportunity for delegates to practice and share experiences. The course will help companies to formulate a strategy for managing the letter of credit end-to-end process. Consequently you will reduce the risks and costs associated with presenting discrepant documents to the bank.

DUE TO OUR TRAINER’S FORTHCOMING RETIREMENT THIS IS YOUR FINAL OPPORTUNITY TO BOOK OUR ADVANCED LETTER OF CREDIT TRAINING PROGRAMME. WE HAVE LIMITED AVAILABILITY UNTIL DECEMBER 2025.

CONTACT US TO ARRANGE ADVANCED LETTER OF CREDIT TRAINING

Please call our friendly trainer, Mark Hayward directly on +44 (0)7908 102865 and we can chat through your specific issues in order to provide the most appropriate level of training for your colleagues. Alternatively, use our quick contact form and we will get back to you as soon as possible.

The workshop is appropriate for any business regularly 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. Also, you will receive advice and handy tips for significantly cutting administration time and bank charges.

Our “virtual classroom” opens the door to high quality training for colleagues wherever they may be based (UK, Europe or globally).

Practical, enjoyable virtual training 

All our Letter of Credit programmes represent a cost-effective training solution available via Zoom or Microsoft Teams.

This “virtual” training replicates the interactive content of our popular face-to-face workshops, including illustrated scenarios and practical case studies using your own L/Cs. Our Advanced Letter of Credit training is ideal for colleagues who may be home based or working in overseas locations!

Please contact us to discuss your requirements.

“My understanding of the L/C is much better especially on understanding requirements from the bank’s perspective. I am confident in using the UCP 600 and understand the purpose of ISBP and when I can use/refer to these. I will be confident in making decisions on how to go about preparing certain documents relating to the letter of credit.”  (Metro Shipping)

Advanced Letters of Credit training is suitable for:

  • Experienced people who need a refresher and update
  • Those who have attended our ‘The Essential Guide to Letters of Credit for Exporters’ course who would like an in-depth, practical follow-up

  • Sales, finance and documentation staff who need practice with live examples and an opportunity to see their challenges in a new light

By the end of this training you will be able to:

  • 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.
  • Minimise the significant costs and administrative time associated with letters of credit
  • Identify the best performing banks and who to give your business to.

Agenda

  • 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 821 – updated July 2023)

  • 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

All delegates will receive a detailed set of reference materials, including a course manual, case studies and examples. 

Contact us to book our Advanced Letters of Credit Training Course for Exporters.

We provide Letter of Credit virtual training courses to clients all over the world, including the UK, Europe, USA and Asia.