This LC workshop goes for 2 day session. this would be conducted in 3 or 4 star atmosphere with projector using ppt slides & visuals. The timings of the program would be 10 AM to 4 PM with one hour lunch buffet plus one coffee break. Minimum of 12 participants needed to have a good interactive workshop

Topics Covered

Course Objectives ? The course will help exporters take control of the process from quote to cash so that they can improve their presentations, reduce discrepancy charges and maintain security of payment ? Every participant will leave with a stronger understanding of the process Course content ? Definition of terms ? Understanding confirmations and the security of a letter of credit ? Template/pro-forma to guide customers in opening letters of credit that make Compliance easier ? Understand the key elements of UCP600, the underlying rules that govern letters of Credit ? Understanding the requirements of key documents, commercial invoice, shipping Documents, insurance certificate etc ? What to do when you receive a letter of credit ? How to request amendments ? Document check-list to avoid the most common discrepancies ? How to present your documents to the bank ? What to do if you have presented discrepant documents ? How to handle various types of Discrepancies? ? Participants will be working with real LCs throughout the day

Who should attend

? Personnel who negotiate payment terms with their customer ? Logistics people who handle shipping documents ? Finance and Admin Staff who work in relation to the letter of credit ? Credit personnel

Pre-requisites

Anyone can understand the letter of credit, but they should have good inclination for learning more things.

What you need to bring

They need not bring anything. it is enough if they come with "OPEN MIND"

Key Takeaways

At the end of 2 days sessions, they can practically work on letter of credit.