More details about the course
11 Modules | 46 Sessions | 2 hour 58 min 45 sec Total Time
Are you new to the trade finance domain? Are you confused about how to begin learning about Letters of Credit? Are you interested to get certified on Letter of Credit handling but not sure where to start?
Then this course is for you!
Welcome to the course on International Trade Finance - Letter of Credit & UCP 600
What this course covers?
- Letter of Credit – Detailed Process flow, Parties and Banks involved, and Related Knowhow
- Difference between Purchase, Negotiation, and Discounting of Bills
- Incoterms® 2020 and Letter of Credit
- Types of Letter of Credit - In Detail
- Samples of real-life documents presented under LC and important fields
- UCP 600 - Easy way to remember the articles
- Detailed Discussion on UCP 600 Articles with Examples
- Scrutiny of Documents – What to look out for and the Most Common Discrepancies
- Automation of Document Checking under Letter of Credit
- Downloadable Resources - Ready Reckoners
- How to issue a Letter of Credit - Understanding the MT 700 Swift Fields
- FAQs on UCP 600/ Documentary Credits
- Practice Test
This course is an introductory guide to the CDCS exam, you can invest just three hours in this course before you spend huge time and money on detailed courses.
Special care has been taken to ensure that all the explanations are simple and lucid so that anyone without any background in finance can understand.
Gain a competitive edge in the international trade finance industry by acquiring specialized knowledge and skills related to letter of credit transactions and UCP 600 rules.
Enhance your career prospects and open up new opportunities in the global trade and finance market.
Flexible learning options, including self-paced learning, online access, and lifetime course updates.
Affordable and cost-effective learning solution with valuable content that delivers significant return on investment.
In-depth understanding of international trade finance and the intricacies of letter of credit transactions.
Familiarity with the UCP 600 rules and regulations, including its application, interpretation, and key provisions.
Practical insights on how to efficiently manage letter of credit transactions, minimize risks, and ensure smooth trade operations.
Knowledge on how to draft, review, and process various types of letter of credit documents, such as invoices, bills of lading, and insurance certificates.
Business Analysts/ Consultants of trade finance
Professionals and practitioners involved in international trade, such as importers, exporters, bankers, finance managers, logistics professionals, and entrepreneurs.
Students and individuals aspiring to pursue a career in international trade, finance, or related fields.
Anyone interested in gaining a comprehensive understanding of letter of credit transactions and UCP 600 rules.