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.
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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. Visit our events page to see current course dates. |
