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Home > Events > ++Various dates to 30 July 2020++ International Trade payment processes
30/07/2020

Hosted By: Sue Bhatt

++Various dates to 30 July 2020++ International Trade payment processes

Event Details

Our courses will now be held remotely During Covid 19.

If you are interested in any of our courses then please contact Sue at [email protected] to arrange suitable date for all interested delegates.




This one-day workshop covers the five main types of payment for exports, from advance payment to open account, including Sight Documentary Collection, Term Documentary Collection and Documentary Letters of Credit. It includes the use of Bills of Exchange with and without documents.

Over 75 percent of first presentations to banks against Documentary Letters of Credit are rejected, resulting in delayed payments to exporters, additional costs and breached delivery deadlines. This course is suitable for all staff who need to have a clear understanding of the procedures required to ensure payments for goods sold on documentary credit terms. Knowledge and understanding is reinforced through the use of exercises, tips on getting the credit you want and working examples of documentary credits.

Workshop Contents:
• Examination of documents for Advance Payment, Documentary Collections and Open Account
• Types and levels of security
• What is a Letter of Credit?
• The eight main types of Letters of Credit
• Letter of Credit administration and procedure
• Letters of Credit costs Letter of Credit content - getting the credit you want
• What can go wrong?
• Top tips for success every time UCP600/ISBP

It is ideal for personnel who administer the documentation, sales, purchasing, despatch, logistics, Freight Forwarders and companies embarking into the export world. This is also an excellent refresher for those already working with Letters of Credit and for those going into new territories. Essential learning for accounts, export and sales teams.

Event Location

Chamber House
Acorn Office Park
Poole

Event Cost

Members: £299, Non-Members: £385

Event Date & Time

30/07/2020, 09:30 - 12:30
Book Now

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If you are not a Dorset Chamber member and would like to join click here otherwise please complete the registration process when making a booking.

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