Letter of Credit Masterclass

(be PVM, mokėjimas kortele arba bankiniu pavedimu)

Pirkti dabar
Pridėti į krepšelį

Įsigijus mokymo kursą, Jums bus suteikta prieiga 2 mėnesiams.

Prekė įdėta į krepšelį

{{ courseItem.title }}
Prekė įdėta į krepšelį

{{ subscription.title }}

{{ title }}

{{ current_question.title }}

{{ successMessage }}

Atsisiųskite sertifikatą

{{ failMessage }}

{{ successMessage }}

Atsisiųskite sertifikatą

{{ failMessage }}

{{ failMessageRetry }}

{{ question.title }}

 Atsakymas neteisingas {{ question.explanation }}

Norėdami tęsti, pasirinkite bent vieną atsakymą.

(be PVM, mokėjimas kortele arba bankiniu pavedimu)

Pirkti dabar
Pridėti į krepšelį

Įsigijus mokymo kursą, Jums bus suteikta prieiga 2 mėnesiams.

Prekė įdėta į krepšelį

{{ courseItem.title }}
Prekė įdėta į krepšelį

{{ subscription.title }}
Aprašymas Resursai

A Letter of Credit (LC) gives a much higher certainty of payment to the seller (exporter) of goods, provided certain stipulated criteria are met.

~60% of LC are rejected when they are first submitted for payment. It then takes a while for the necessary corrections to be made, and meanwhile the payment is not released to the seller. This course helps business structure their internal process to circumvent issues and control the process from the outset.

For whom is the knowledge relevant?

Exporters and importers in many countries around the world. LCs are used:

  • When the buyer and seller do not know each other or 
  • When they know each other but the seller wants an additional guarantee of payment. 

What will you learn?

The course consists of 3 modules:

  • Overview: definitions, introduction to UCP rules, understanding the parties involved, types of LC, critical dates.
  • Process: uniform customs and practice for documentary credits, e UCP 600, the L/C process, beneficiary control of L/C process, drafts.
  • Non-compliance: introduction to Incoterms, how Incoterms impact workability of L/C's, checklist for received L/C, how to prepare documentation for presentation, non-complying presentations.

Are there any other benefits?

  • Take the quiz and receive a certificate of completion! 
  • Enjoy reading articles on the platform - you will get access.

How much time should I plan for learning?

Please plan 2 hours for learning. 

Who shares the knowledge?

Vera Murphy, Managing Director of Bevan Murphy Customs Ltd, Ireland. Vera has decades of deep functional expertise in Global Forwarding and International Trade having held senior positions in two of the top ten global forwarders in the world.

Various problems can arise when using LCs, such as no payment for the supplied goods if a critical date is missed.

Vera Murphy

 

About

🔗 Bevan Murphy Customs Ltd. We are an International Trade training and consultancy company providing support to Global Forwarders, Customs Brokers, Industry and Government Agencies.

🔗CustomsClear: Your Trade and Customs Knowledge go-to-place. We connect knowledge seekers with experts from the industry. And ensure that you stay on top of compliance-relevant news. Check out the latest articles and videos, and choose the best subscription plan to continuously grow your greatest asset - knowledge.

  • Publikuota: July 17, 2023
  • Unlock duration: 2 mėnesiams
  • Parengė: Vera Murphy
  • Video trukmė: 01h 29min 46sec
  • Kalbos: English
  • Lygis: Basic
  • Tipas: Video
  • Tema: trade topics
  • Žyma: finance
  • Rinka: Global

Prieiga prie resursų suteikiama įsigijus kursą.

Komentarai ()

Panašus turinys

Topic spotlight
icon
Interview: Why Politicians Lie About Trade... and What You Need to Know about It
2024-11-24

Dmitry Grozoubinski is a recognized authority on international trade policy and the author of “Why Politicians Lie About Trade”. The book is an accessible guide to how international trade really … works. It gives voters a peak behind the curtain, and equips them with the tools to ask the right questions of those in power promising miracles or warning of disasters. In an interview with CustomsClear’s Anna Jerzewska, Dmitry talks about his book and experience venturing into the world of customs.

Dmitry Grozoubinski

trade topics
Topic spotlight
icon
Interview: Why Politicians Lie About Trade... and What You Need to Know about It
2024-11-24

Dmitry Grozoubinski is a recognized authority on international trade policy and the author of “Why Politicians Lie About Trade”. The book is an accessible guide to how international trade really works. It gives voters a peak behind the curtain, and equips them with the tools to ask the right questions of those in power promising miracles or warning of disasters. In an interview with CustomsClear’s Anna Jerzewska, Dmitry talks about his book and experience venturing into the world of customs.

Dmitry Grozoubinski

trade topics
Perspective
icon
Top five challenges for European customs
2024-08-28

Someone recently asked me what are the current top challenges for customs in Europe. The article is an attempt to summarise the answer to this question. These are the five issues that, in my … opinion, are likely to impact the customs industry in the upcoming months and years. Some are more across-the-board and some are a bit more niche and local. The article comes from the author’s personal experience of working in the industry and across the private and public sectors and is therefore a personal perspective. By no means an exhaustive list.

Dr Anna Jerzewska

€
customs clearance, trade topics
Perspective
icon
Top five challenges for European customs
2024-08-28

Someone recently asked me what are the current top challenges for customs in Europe. The article is an attempt to summarise the answer to this question. These are the five issues that, in my opinion, are likely to impact the customs industry in the upcoming months and years. Some are more across-the-board and some are a bit more niche and local. The article comes from the author’s personal experience of working in the industry and across the private and public sectors and is therefore a personal perspective. By no means an exhaustive list.

Dr Anna Jerzewska

€
customs clearance, trade topics
Topic spotlight
icon
EU FTAs: Is EU fully utilising benefits?
2024-04-07

The EU has concluded more than 40 free trade agreements (FTAs) with around 80 countries, which supposedly bring significant benefits for trade with partner countries. But is this really the case, … i.e. is the EU fully utilising these benefits? This article attempts to assess the application of EU FTAs by analysing the flow of goods in and out of the main trading partners. The author looks at how import and export volumes and geography depend on the existence of preferential agreements.

Assoc Prof Dr Momchil Antov

€
origin, trade topics
Topic spotlight
icon
EU FTAs: Is EU fully utilising benefits?
2024-04-07

The EU has concluded more than 40 free trade agreements (FTAs) with around 80 countries, which supposedly bring significant benefits for trade with partner countries. But is this really the case, i.e. is the EU fully utilising these benefits? This article attempts to assess the application of EU FTAs by analysing the flow of goods in and out of the main trading partners. The author looks at how import and export volumes and geography depend on the existence of preferential agreements.

Assoc Prof Dr Momchil Antov

€
origin, trade topics
Panorama
icon
Transforming trade: how Dubai Customs is harnessing AI for enhanced trade facilitation and border control
2023-10-19

In a world where international trade is the lifeblood of economies, ensuring the smooth flow of goods across borders while maintaining rigorous controls is a challenging balancing act. Dubai, … one of the world’s busiest trade hubs, is meeting this challenge head-on by investing in advance technology and embracing the power of Artificial Intelligence (AI) to enhance trade facilitation and border control. These efforts are poised not only to bolster Dubai’s position as a global trade and tourist hub, but also to set new standards for Customs operations and services worldwide, which has reflected positively on Dubai Customs client happiness index reaching a score of 98% for smart and electronic services. Some of the projects developed using AI are presented below.

Ahmed Mahboob Musabih

trade topics
Panorama
icon
Transforming trade: how Dubai Customs is harnessing AI for enhanced trade facilitation and border control
2023-10-19

In a world where international trade is the lifeblood of economies, ensuring the smooth flow of goods across borders while maintaining rigorous controls is a challenging balancing act. Dubai, one of the world’s busiest trade hubs, is meeting this challenge head-on by investing in advance technology and embracing the power of Artificial Intelligence (AI) to enhance trade facilitation and border control. These efforts are poised not only to bolster Dubai’s position as a global trade and tourist hub, but also to set new standards for Customs operations and services worldwide, which has reflected positively on Dubai Customs client happiness index reaching a score of 98% for smart and electronic services. Some of the projects developed using AI are presented below.

Ahmed Mahboob Musabih

trade topics
Perspective
icon
The developments of mega-free trade agreements
2023-10-01

The development of free trade areas around the world, with most attention paid to the Asia-Pacific region and the Americas, is a major theme of the article. It also raises the question of the … role of the EU in this development. The article is based on the presentation at the European Customs Practitioners' Conference held in Vilnius, Lithuania on 25-26 May and online.

Prof. Dr. Hans-Michael Wolffgang

€
origin, trade topics
Perspective
icon
The developments of mega-free trade agreements
2023-10-01

The development of free trade areas around the world, with most attention paid to the Asia-Pacific region and the Americas, is a major theme of the article. It also raises the question of the role of the EU in this development. The article is based on the presentation at the European Customs Practitioners' Conference held in Vilnius, Lithuania on 25-26 May and online.

Prof. Dr. Hans-Michael Wolffgang

€
origin, trade topics
support@customsclear.net +37066426393 37066426393 (LT) +37064465553
Prisijungti Registruotis
Pamiršote slaptažodį?

* Pažymėti laukai privalomi

Sutinku su Terminai ir Sąlygos  ir Privatumo politika

Slaptažodžio priminimas

Slaptažodžio priminimas išsiųstas
Login with Google Login with LinkedIn
Susisiekite su mumis

Susisiekite su mumis

Ačiū už pranešimą
Maksimalus failo dydis 6 mb.
Failas per didelis