CEU opportunity for CGBPs! Earn 8 credits for attending!
This course covers how importers and exporters identify financial risks and use the appropriate method of payment including: letters of credit, cash in advance, documentary collection, and open account. Various economic risks such as exchange rate fluctuations are also discussed.
This course introduces you to the basics of Letters of Credit: review the purpose and function of the UCP 600 rules; instruct the buyer how to issue an L/C; know what a confirmed L/C is; understand what assignments, transfers, time drafts, and standby L/Cs are; learn how to reduce the most common discrepancies in documents. In addition, discover six tips for reducing the costs of L/Cs and understand which payment terms work best with each Incoterm.
November 7, 2017
8:30 AM – 4:30 PM MT
$350.00 per attendee – Non-Member
$250.00 per attendee – Member
$175.00 per attendee – Student
Location: Geotech Building, 2650 East 40th Avenue, Denver, CO 80205
Click here for more information and to register
PLEASE NOTE: NASBITE International cannot answer any program content questions. If you have questions regarding the program content, please contact the program directly.