Workshop on

Export and Import through L/C

 
Held on : 15 - 16 June 2012
 
Venue : Bdjobs Training, BDBL Building (Level 19), 12 Kawran Bazar C/A, Dhaka 1215.
 
No. of Participants : 25
 
 
No photos found
 

Course Description

Session – 1
International Trade: An Overview
Trade Payment Methods Commonly used in International Trade:
Cash in advance; Open account; On Consignment; Collection; Documentary Credit (also known as Letter of Credit)
International Sales
Imports & Exports under Contract Procedure
Documentary Draft Transaction
URC (ICC Publication No.522 ): An Overview

Session – 2
UCPDC (ICC Publication No.600): An Overview
Introducing Letter of Credit:
Definition of Documentary Credit /other definitions included in UCPDC Article -2
Parties involved in Documentary Credit Operation:
Applicant; Beneficiary; L/C Issuing Bank; Advising Bank; Nominated Bank; Confirming Bank; Negotiating bank; Claiming Bank; Reimbursing Bank

Session – 3
Types of Letter of Credit:
Sight Payment Credit; Acceptance Credit; Deferred Payment Credit; Negotiation Credit; Unconfirmed Letter of Credit, Confirmed Letter of Credit; With Recourse Credit, Without Recourse Credit; Transferable Credit, Back to Back Letter of Credit; Standby Letter of Credit, Revolving Credit
Practical Exercise on L/C:
Familiarizing with Forms/Documents that are necessary for opening L/C (such as, L/C Application Form; LCA Form; IMP Form; Proforma Invoice (PI)/Indent; Insurance Cover Note/Policy and, any other forms/documents, if required, as per Import Policy Order (IPO) and their uses/ implications.

Session – 4
Practical Exercise on L/C (Continued ….. )
Case Studies
Open Discussion
 

Resource Person

Md. Azhar Ali Miah

Mr. Azhar has more than 34 years of diversified experience in banking profession. He worked as the Executive Vice President, Bank Asia Limited, Corporate Office, Dhaka. He has retired from the services of the Bank in 2011. Prior to joining Bank Asia Limited, he worked at Agrani Bank in various capacities, particularly, as the Manager of Authorised Dealer (AD) Branches, Head of Foreign Exchange Department/Trade Finance Department of Corporate Branches, Dhaka and Assistant General Manager, International Division, Head Office, Dhaka. He attended different training courses/workshops on Documentary Credit Operation/International Trade at home and in abroad.
He has earned reputation as a successful trainer in the banking arena. As a trainer, he has been conducting training programs and workshops at Bdjobs Training, DCCI Business Institute (DBI), for long, in addition to Training Institutes of different Banks including BIBM on Trade Finance, UCPDC and Other Banking Subjects.