Financials for Export-Import Transactions
Course Lessons: 19
Learner Hours: 9.5
The full range of payment terms and methods typically used by exporters and importers. Letters of credit (L/Cs) and documentary draft collections are covered in detail.
Course Overview
The full range of payment terms and methods typically used by exporters and importers. Letters of credit (L/Cs) and documentary draft collections are covered in detail. This course is particularly suitable for exporters and importers responsible for negotiating payment terms with foreign trading partners, specifying L/C terms, and determining the acceptability of an L/C once issued, including the feasibility of shipping and documentation requirements. It is also suitable for those, including freight forwarders, who are responsible for submitting documents to bank(s) for collection under L/C and documentary drafts.