Letters of Credit

This course is for individuals and businesses who work within import and export

1 day
£230+VAT

For available dates, click on the 'Book' button. If the dates shown are not suitable, contact us on 0161 359 3405 or email info@theskillsco.com

9:30am - 4:30pm 

Churchgate House, 56 Oxford Street, Manchester, M1 6EU

Course Overview

A Letter of Credit is a banking document that ensures payment when importing or exporting. This workshop begins by looking at the terminology and at the various types of Letters of Credit.

How to protect your company when trading internationally

A Letter of Credit is a banking document that ensures payment when importing or exporting. This workshop begins by looking at the terminology and at the various types of Letters of Credit.

The key stages when arranging a Letter of Credit

The seminar will also show you how to arrange a Letter of Credit. You’ll learn how to use a simple four-part process involving the Beneficiary, Applicant, Issuing Bank and Advising/Confirming Bank.

The vital steps when processing a Letter of Credit

Letters of Credit are essential when trading with the Middle East, Far East or South America. This course will introduce you to a step-be-step guide for each stage of the processing procedure.

Discover what to do when Letters of Credit go wrong No system is infallible. This programme teaches you the six-point plan used by the banks for handling problems. It will help you deal with the banks, with confidence – and keep track of what is happening.

Key topics include:

  • Definition of Documentary
  • Letters of Credit
  • The rules of Uniform Customs and Practice (UCP)
  • How the UCP affects banks
  • How the UCP affects buyers UCP 600- the latest revision
  • Eliminating problems with Letters of Credit 


This workshop covers:

  • Definition of Documentary
  • Letters of Credit
  • The rules of Uniform Customs and Practice (UCP)
  • How the UCP affects banks
  • How the UCP affects buyers UCP 600- the latest revision
  • Eliminating problems with Letters of Credit