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Documentary Letters of Credit

When? Thursday 24th May 2018 09:30 - 16:30

Where? The John Smith's Stadium, Stadium Way, Huddersfield, HD1 6PG

MY Export Hub

The BCC now has ten nationally accredited core courses. Together, these form an export curriculum that provides invaluable basic skills for small and large companies alike. Candidates must demonstrate knowledge of the subject and their performance will be marked by external examiners on the completion of each module. Successful candidates will receive a certificate; completing six or more courses will result in the candidate achieving a nationally recognised Foundation Award in Exporting. These courses are suitable for both experienced exporters and those with no previous knowledge of exporting.

Documentary Letters of Credit – Level 2


Learning Outcomes

The learner will:

  1. Be able to identify the L/C procedure and identify the parties to an L/C
    1. Name the widely accepted set of rules which govern letters of credit.
    2. Describe the four main parties in the L/C transaction and their role
  2. Be able to identify the different methods of payment and the different types of Letters of Credit
    1. Name 3 types of letter and explain how they work.
    2. Explain the term ‘Confirmed letter of credit’ and its implications.
    3. Explain how assignment of funds works under a letter of credit.
  3. Be able to comply with the requirements of the Letter of Credit
    1. Be able to name which three dates within a Letter of Credit must be complied with.
    2. Be able to identify if a bill of lading complies if complies with Letters of credit and if not list any discrepancies.

Individual full day courses cost £220 + VAT (members) / £270 + VAT (non members)
Courses are priced individually. A discount can be offered when booking 6 or more modules or booking 3 or more delegates on the same course.

This is a full day course. A lunch and light refreshments will be provided. Free parking is available at our premises.

Please download our Export Booking Form or contact Jo to discuss training.

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