Receiving Payment and Using Letters of Credit
Date:
Tuesday 30th September 2025
Time:
09:30-15:30
Cost:
Chamber Member:
£250.00 + VAT
Non-Chamber Member:
£320.00 + VAT
Status:
Places Available
To sponsor this event call our events team on:
02476 654321
Location
Online Zoom Event. The link will be included in the joining instructions, which you will receive the day before the session. None
Event Detail
The course provides an overview of all methods of payment when trading internationally including the risks and benefits involved. It then concentrates on Letters of Credit helping you examine and learn the rules of managing Letters of Credit, making sure documents are compliant and payment is successful.
What will I learn....
- Methods of Payment & the Risk Ladder
- Documentation & Extra costs
- Review of Payment and Risks relating to
- Advance Payment
- Documentary Collections
- Open Account
- Letters of Credit
- What is a letter of credit and how does it work?
- Key players
- Problems
- Opening and drafting an LC
- Formatting
- Incoterms and Insurance
- The Letter of Credit Process
- Advantages and Disadvantages
- Types of Letters of Credit
- Foreign Currency
- Process of Payment in Various Scenarios
- Important Need-to-knows
- Practical Session - Reading the Letter of Credit and checking documents
Agenda
Cancellation Policy
If you book a place and are unable to attend, please cancel your place in writing by emailing [email protected].
Cancellations will be charged in full if cancelled less than 10 working days prior.
