The objective of this 60 minute webinar is to help exporters and importers understand Letter of Credit terms and conditions that go into structuring a transaction for successful payment and receipt of goods. Attendees will learn how to use Letters of Credit to assure payment for exports, how to apply for a Letter of Credit and what terms and conditions should be used for successful transactions.
Why Should You Attend:
Companies that are involved in export and import products can use ‘Documentary Letters of Credit’ to purchase and sell goods globally. Letters of Credit are the primary instruments for assuring payment of goods sold internationally. Letters of Credit are issued under the Uniform Customs and Practice standard and can be negotiated by over 30,000 banks worldwide.
This session will help attendees in understanding the proper terms and conditions that make up a Letter of Credit which in-turn will assist you in its reliable payment.
At the end of this session, the speaker will handle questions and address any challenges attendees may face regarding Letter of Credit terms and conditions.