Letter of Credit Trade Finance ISBP UCP 600&500 Made Easy

Course Feature

Cost

Paid
Provider

Udemy
Certificate

Paid Certification
Language

English
Start Date

2023-05-19
Learners

No Information
Duration

No Information
Instructor

Dr. Vijesh Jain

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4.3

10,976 Ratings

This course, "Letter of Credit, Trade Finance, UCP 600 & UCP 500 Made Easy", is designed to provide learners with a comprehensive understanding of the International Letter of Credit (LC), International Trade Finance and its governing rules, the Uniform Customs and Practice for Documentary Credits UCP 500 & UCP 600. Through this course, learners will gain an understanding of the different types of LCs, the parties involved in the LC transaction, and the role of the UCP rules in LC transactions. Additionally, learners will gain practical knowledge of the LC process, including how to draft, negotiate, and document an LC, as well as how to handle discrepancies that may arise in the LC documents. Click this course to gain the essential knowledge and skills needed to understand and work with LCs effectively.

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Letter of Credit Trade Finance ISBP UCP 600&500 Made Easy

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Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 27th, 2023]

This online course provides learners with a comprehensive understanding of International Letter of Credit (LC), International Trade Finance and its governing rules, the Uniform Customs and Practice for Documentary Credits UCP 500 & UCP 600. Through this course, learners will gain an understanding of the different types of LCs, the parties involved in the LC transaction, and the role of the UCP rules in LC transactions. Additionally, learners will gain practical knowledge of the LC process, including how to draft, negotiate, and document an LC, as well as how to handle discrepancies that may arise in the LC documents. Upon completion of this course, learners will have the essential knowledge and skills needed to understand and work with LCs effectively.

Course Syllabus

Introduction

Receiving International Payments

How documentary letter of credit works?

What factors govern the documentary letter of credit? And Basic Features of UCP

Several Types of Documentary Letter of Credits

Draft documentary Letter of Credit Opening Instructions

Common Discrepancies in the letter of credit and presentations

Impact of local regulations on the documentary credit operations

International Standard banking Practices, 2007

Documentary Letter of Credit Frauds

Different L/C fees and Charges

Uniform Customs and Practices 600 revision - Overview And Analysis

Blockchain Based Letter of Credit

Closing Case Study

Final Thoughts

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