L/C is the main Documents by which maximum of the World’s Business are running. The LC is governed by UCP (Uniform Customs Practice) 600 which has been formulated by ICC (international Chambers of Commerce). It has been experienced that many people especially Key Personnel of many Industries do not have clear concept on LC and its Terms and Conditions. As such many a time we are facing lot of problems even some time due to simple overlook of any terms of LC a Garments Business of Millions of Dollars can either be Cancelled, aired or Discounted. Everybody those who are running the Garments Business as Top Management People must understand the LC in-depth that what all are there in LC, How it is opened, What all are the bindings in LC, What is Master LC, Dummy LC, Back to Back LC, Revocable LC, Irrevocable LC, Stand-by LC, Revolving LC etc etc and should also have knowledge on Risk involved in LC, Issuing Bank, Advising Bank, Confirming Bank, LC Expiry Date, UCP 600, SWIFT Code, Incoterms, Bill of Lading, Bill of Exchange etc.
If anyone attends this Workshop will be Master in LC and will find no difficulties in understanding and working with any LC not only in Garments Business but also in International Business and Export/Import items, commodities or machineries.
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