Online Training on "L/C & Incoterms 2020 For Commercial & Supply Chain Professional for Import- Export" (2 Days Evening)

Last Date of Registration: January 14, 2021
Venue Online Live Google Meet

Introduction:

A letter of credit (L/C) is one of many methods to provide protection to both parties involved in international transactions. L/C is a crucial part of the recipe when it comes to trade done outside borders. These documents have many useful features that make imports and exports easier and more reliable. The letter of credit (L/C) is grounded on international trade practices and regulations. It establishes what the parties are expected to do, what documents are required for the transactions, and the terms both exporter and importer agree on beforehand. A letter of credit works as a guarantee that the transaction will be done as agreed.

 

Contents of training:

DAY-1
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1. Various types of L/C
2. UCPDC-600
3. UCPDC
4. Irrevocable L/C
5. Payment methods without L/C
6. UPAS L/C
7. Back to Back L/C
8. Transferable L/C
9. Add confirm L/C
10. LC SWIFT Code
11. Parties involve in the L/C
12. L/C works process
13. L/C amendment Process
14. Import without L/C
15. Advantages of L/C to the importers
16. Advantages of L/C to the exporters
17. Risk of L/C
18. H.S Code in L/C

DAY-2
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19. Confirming Bank
20. Negotiating Bank
21. Reimbursing Bank
22. Advising Bank
23. Issuing Bank
24. Documents for L/C opening
25. Important L/C Clauses
26. Practical exercise on L/C
27. Proforma Invoice (P/I)
28. Sales Contract
29. Shipping documents
30. Third party documents
31. Nostro & Vostro A/C
32. Negotiable & Non-negotiable documents
33. Insurance cover note & policy
34. Bill of Entry & Bill of Export
35. INCOTERMS- 2020
36. Local L/C
37. Lien Bank
38. Credit report
39. Guideline for L/C opening
40. IMP & LCAF for LC opening

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