Letters of Credit are the primary instruments for assuring payment of goods sold internationally. Letters of Credit are issued under the Uniform Customs and Practice standard and can be negotiated by over 30,000 banks worldwide.
Why should you Attend:
With financing choices that include cash in advance, open terms, letters of credit (L/C), sight drafts and time drafts, both importers and exporters need to understand the true implications of their credit policies and practices.
Areas Covered in the Session:
Gain a Comprehensive Understanding of the Letter of Credit Process
Learn how to Negotiate the Terms of both Import and Export L/Cs
Be 100% aware of Letter of Credit Documentation requirements
Be Aware of all Expenses Associated with Using Letters of Credit
Who Will Benefit:
Logistics and Trade Professionals
International Sales Executives
International Banking Personnel
Douglas Cohen has been at the forefront of international trade and transactions. With positions in private law practice, US Department of Commerce, the European Union, IATA, and American Airlines, he has developed significant expertise in import-export operations and compliance, global transactions, international negotiations, intellectual property, and cross-cultural business communication.