The main objective of the training program is to provide a complete overview of the International Trade Payment Methods, Letter of Credit Operations including detailed explanation of the processes used in a transaction. In addition, the participants will get theoretical as well as practical knowledge regarding exports & imports under L/C and Other Methods, Banking Relationship, Custom Formalities and Clearance Procedures of exports and imports.
Among numerous payment methods available to buyers and sellers in international trade, operations by way of Letter of Credit (LC) are the most widely accepted and practiced alternative. But why?
Why preferred Letter of Credit (LC) as the payment vehicle?
What does `UCPDC` stand for?
How does a Letter of Credit (LC) works?
Do Export & Import from/into Bangladesh may be made under Contract Procedure?
What are the risks inherent in exports under Collection/ Contract Procedure?
How to reduce/eliminate those risks?
Exports and Imports involve a lot of technicalities because these take place between two countries, under different situations, rules and regulations and culture. Exporters & Importers are, therefore, among others required to know global market environment, International Chamber of Commerce`s Rules, Shipping Procedure, Banking and Custom Formalities. As such, Import & Export Trade calls for proper understanding and in depth knowledge of various technical aspects including Letters of Credit Operations.
To understand these theoretical aspects and for sharing of many other practical details/issues related to exports and imports under L/C and Other Methods from the experience of banking professional this training program has been offered.
The purpose of the course is to recognize the right and ...Commercial
(15% VAT is applicable in every purchase.)
55012120 & 55012122 , 01847213994, 01844519337, 01847 069208