This workshop will enable you to:

2022 changes:
Banks ‘know your customer’ restrictions – how these affect transactions

• Be able to identify the L/C procedure and identify the parties to an L/C
• Be able to identify the different methods of payment and the different types of Letters of Credit
• Understand all the stages of a complete L/c transaction
• Consider the important dates within a L/c and how to comply with these
• Be able to comply with the requirements of the Letter of Credit
• Understand the benefits of a confirmed L/c
• Consider how to manage part shipments and milestone payments
• Understand Documentary Collections, Sight and Term drafts (Bills of Exchange)
• Be able to get your presentations right first time avoiding delayed payment of goods exported

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