International Trade Finance - Letter of Credit & UCP 600

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Offered byUDEMY

International Trade Finance - Letter of Credit & UCP 600
at
UDEMY
Overview

Gain a comprehensive overview of the International Trade Finance principles and concepts

Duration	3 hours
Total fee	₹1,280
Mode of learning	Online
Credential	Certificate

International Trade Finance - Letter of Credit & UCP 600
at
UDEMY
Highlights

Earn a Certificate of completion from Udemy
Learn from 6 downloadable resources and 2 articles
Get full lifetime access of the course material
Comes with 30 days money back guarantee and full lifetime access

International Trade Finance - Letter of Credit & UCP 600
at
UDEMY
Course details

Skills you will learn

International trade Negotiation Export Import Trading

Who should do this course?

For Business Consultants/ Bankers handling trade finance desk
For Export- Import Businessmen
For Employees of Trading Organizations
For CDCS/ CITF Aspirants

What are the course deliverables?

Letter of Credit
Difference between Purchase, Negotiation, and Discounting of Bills
Types of Letter of Credit
Detailed Discussion on UCP 600 Articles with Examples
Scrutiny of Documents

More about this course

Letter of Credit is one of the pillars in international trade finance
The knowledge of letter of credit is essential not only for bankers but also for export-import businessmen or employees in the trading domain
Be aware of how to scrutinize the common documents and the common discrepancies found
This is a compact course that lucidly explains the entire process flow of a Letter of Credit, its various types
It discusses the practical aspects of UCP 600 and how to easily remember and implement the Articles of UCPDC 600
This course also explains how to scrutiny bills under a letter of credit for negotiation/ purchase/ discounting

International Trade Finance - Letter of Credit & UCP 600
at
UDEMY
Curriculum

Letter of credit

Introduction

Process Flow And Roles of Banks Involved (Advising, Negotiating, Reimbursing)

Vital Points about LCs

Differences among Discounting, Purchase and Negotiation

Incoterms® 2020 and Letter of Credit

Types of letters of credit

Confirmed and Unconfirmed LC

Red Clause LC and Green Clause LC

Revolving LC

Transferable LCs - Process Flow

Back to Back LC - Process Flow

Sample of real life documents under LC: Know the important fields

Invoices/Certificates/Transport Docs/Insurance

UCP600

Categories of article of UCPDC 600

Understanding the Articles of UCP 600

UCP 600 - Detailed discussion with Examples

Articles 1-18

Articles 19 - 27

Articles 28 - 39

Automation of document checking under letter of credit

Understanding Automation of document checking under Letter of Credit

International Trade Finance - Letter of Credit & UCP 600
at
UDEMY
Faculty details

Anwesha Sengupta

Anwesha Sengupta is an ex-banker with around 10 years of experience in the trade finance domain in the largest bank in India, the State Bank of India. She has first-hand experience in handling numerous trade documents, both import and export legs with successfully managing high profile corporate accounts.