Letters of Credit
PRESENTED BY GLOBAL TRAINING CENTER
Explore International Trade Payment Methods and Learn Key Terminology
Perhaps the most important document to learn about in Trade Financing is the Letter of Credit. The document follows the Uniform Customs and Practice for Documentary Credits (UCP 600), but “uniform” is not its middle name. The uniformity occurs with the objective of the document, but they generally never look alike. Working with Letters of Credit can be a complex task that requires great attention to detail.
This course on Letters of Credit will cover various payment methods and types of Letters of Credit to help you choose the best option for your needs. You will learn the basic terminology and significance of various documents, and learn how to prevent and handle discrepancies. We will also provide an overview of the rapidly changing market in order to keep you and your customers ahead of these trends and opportunities.