Course Details
Course content
- The process and considerations involved in a typical Letters of Credit cycle
- Content, terms and conditions of Letter of Credits
- Role and responsibilities of the parties
- Types of payments
- The documents:commercial invoice, bill of lading, sea waybill, charter-party bill of lading, combined transport document, air waybill, insurance documents, courier and post receipts, road, rail and inland waterway transport documents, other documents (as per sub-article 14(f))
- Completing a Letter of Credit
- Beneficiary review of a Letter of Credit for workability
- Document checking from the perspective of an issuing bank and nominated bank