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 PO Box 341
 Waterlooville
 PO7 9DL



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Advanced Letter of Credit Workshop

Programme 9.30am – 4.30pm

The course is case-study based, and provides lots of opportunity for practice and sharing experience.

  • Brief reminder of the definitions – Revocable, Irrevocable & Confirmed forms of L/C and main types – Sight, Deferred Payment, Acceptance, Revolving, Transferable, Back-to-Back, Standby.
  • Successful opening skills – practice in devising a formula to influence the L/C content
  • Credit insurance and where it fits in to L/C business
  • Understanding and using the UCP 500 – an opportunity to study the governing rules of the ICC's Uniform Customs and Practice for Documentary Credits and use them to improve the company's L/C performance.
  • Documentary Credit exercises – bags of practice using relevant, up-to-date L/C examples. Identifying & reducing discrepancies, calculating the costs and how to manage them, checking documents against L/C examples.
  • How to monitor the bank's performance and give your business to the best performing banks.
  • An opportunity to discuss your current L/C problems
Benefits to your company
  • Keeps your staff up-to-date & motivated
  • Fills the training needs of experienced staff
  • Suggests innovative finance solutions
  • Provides answers to L/C questions
Who should come?
  • Experienced people who need a refresher and up-date
  • Those who have attended our standard courses who would like an in-depth, practical follow-up
  • Finance and documentation staff who need practice with live L/C examples and an opportunity to solve their own L/C problems