This virtual half day workshop covers the five main types of payment for exports, from advance payment to open account, including Sight Documentary Collection, Term Documentary Collection and Documentary Letters of Credit. It includes the use of Bills of Exchange with and without documents.
Over 75 per cent of first presentations to banks against documentary letters of credit are rejected, resulting in delayed payments to exporters, additional costs and breached delivery deadlines.
The session will give delegates a better understanding of how important it is to get it right first time avoiding delayed payment of goods exported.
In partnership with Essex County Council, we are offering all Essex Chambers Members Match Funding for two places on our Trade Expert courses. This will include our selected British Chambers of Commerce Accredited Training and extends to the individual courses that form part of our Academy Training, saving you 50% on course costs. Contact us to apply.
Date: Tuesday 8 April 9.30am to 12.30pm
Virtual: Zoom Platform
Cost to attend: Members £250.00 + VAT and Non-Members £330.00 + VAT
Please note: This event will not be recorded and any material will only be circulated to those that attend.
Can't make this date? Contact us to register your interest for the next course date
British Chambers of Commerce Accredited Course: The British Chambers of Commerce has a range of nationally accredited international trade courses that give essential skills which are invaluable to small and large businesses alike.
At the end of these courses there will be a short assessment paper to complete which results in a BCC Certificate with a Pass or Merit achievement worth 1 credit. Achieve 6 credits to receive the BCC Foundation Award in International Trade.
