BCC ACCREDITED COURSE
The purpose of the course
Getting paid is a vital part of the sales transaction, so join us to explore the options and reduce the costs involved. We will teach you how to tighten up the security of payment and understand the roles of the banks, so you realise how you can influence the speed of the movement of money. We will help you understand the intricacies of credit and collection transactions, so you can appreciate how to control your goods with your documents. Delegates will learn why, when and how to use documentary Letters of Credit (LC). This master class will guide you through the complexities of LC rules and regulations, so you can be proactive with advance terms and conditions and encourage LC clauses that work for you. The role of documentary collection will be explained, as well as sight and terms drafts, plus discounting. Practical tips are offered thoroughout the session, as well as real life examples.
Benefits for your organisation
Whether you are a small company, SME, or large global trader, getting paid is vital. Companies will learn how to tighten up their security of payment and understand the roles of the banks, thus realising how they can influence the speed of the movement of the money. This will enable companies to get paid more swiftly and at the same time reduce high bank charges.
Who is this course for?
This course will be beneficial to those already using Letters of Credit and documentary collections,as well as those considering these payment terms.
The mystery will become clear, so all attendees will increase their confidence in using these instruments of payment.
By the end of the course, delegates will be able to:
Understand the intricacies of cedit and collection transactions. Appreciate how to control their goods with their documents, giving more security and speed of payment. Avoid discrepancies and be able to achieve right first time document presentation, together with prompt payment.
We will take the mystery away so you anc feel confident and in control. This course will ensure you gain an appreciation of the methods of payment, focussing on letters of credit and documentary collection.
You are welcome to bring your own examples of LC to the course for discussion and shared experiences.
DELEGATES COMPLETE A SHORT LEARNING ASSESSMENT FOR THE BBC ACCREDITATION AWARD
For more information, or to book a place on this course, call us on 01604 490470 or email email@example.com. Chamber members can book online.
5th Dec 2019
09:30 – 17:00Book Now