{"product_id":"documentary-credits-fundamentals","title":"Letters of Credit Essentials","description":"\u003cdiv class=\"ebsi-team-licence-note\"\u003e\u003cp\u003e\u003cstrong\u003eBuying for a team?\u003c\/strong\u003e\u003cbr\u003eChoose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.\u003c\/p\u003e\u003c\/div\u003e\n\u003c!-- ebsi-sales-wrapper --\u003e\u003cdiv class=\"ebsi-sales-wrapper\"\u003e\n\u003cp\u003e\u003cstrong\u003eDevelop practical knowledge and confidence in Letters of Credit Essentials.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eA practical course specially designed to provide participants with the KNOWLEDGE and SKILLS to: - Examine and understand the terms and conditions in a Letter of Credit (LC) - Avoid and resolve discrepancies when handling documents called for in a LC - Handle special LC - Understand specialised areas of LC - Understand the uses, mechanics and risks of LC\u003c\/p\u003e\n\u003ch3\u003eWhy this course matters\u003c\/h3\u003e\n\u003cp\u003eThis course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.\u003c\/p\u003e\n\u003ch3\u003eWhat you will gain\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eBuild a clearer practical understanding of the key concepts and terminology in Letters of Credit Essentials.\u003c\/li\u003e\n\u003cli\u003eRecognise how the topic affects real international trade, finance or risk decisions.\u003c\/li\u003e\n\u003cli\u003eApply the course principles more confidently in relevant business situations.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eWho is this course for?\u003c\/h3\u003e\n\u003cp\u003eThis course is suitable for trade finance professionals, bankers, compliance and risk teams, exporters, importers and other professionals involved in international transactions.\u003c\/p\u003e\n\u003ch3\u003eCourse at a glance\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e self-paced online learning.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProfessional development:\u003c\/strong\u003e CPD course.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003eA practical course specially designed to provide participants with the KNOWLEDGE and SKILLS to: - Examine and understand the terms and conditions in a Letter of Credit (LC) - Avoid and resolve discrepancies when handling documents called for in a LC - Handle special LC - Understand specialised areas of LC - Understand the uses, mechanics and risks of LC  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003cspan\u003eCompleting this course will confer 5 CPD Credits towards internationally recognised \u003c\/span\u003e\u003cstrong\u003eContinuous Professional Development\u003c\/strong\u003e\u003cspan\u003e Requirements within organisations operating this kind of staff development methodology.\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch5\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eCourse Outline\u003c\/strong\u003e\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp style=\"font-weight: 400;\"\u003e\u003cstrong\u003e1 - THE DOCUMENTARY CREDIT\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.1 Why Letters of Credit are Used\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.2 Guarantees for the Importer and the Exporter\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.3 Documentary Credit Rules\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.4 Example of SWIFT\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.5 The Parties to a Documentary Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.6 Documentary Credit Cycle\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.7 Comment on Documentary Credits\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.8 Graphical Summary\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.9 Documentary Credit and the Importer\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.10 Documentary Credit and the Exporter\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.11 Suggestions for the Exporter\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1.12 Opinion\u003c\/p\u003e\n\u003col start=\"2\"\u003e\n\u003cli style=\"font-weight: 400;\"\u003e\u003cstrong\u003eOPENING A LETTER OF CREDIT\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp style=\"font-weight: 400;\"\u003e2.1 Opening a Letter of Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e2.2 Letter of Credit and Contract of Sale\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e2.3 Banks and the Goods\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e2.4 Non-Compliance with the Terms of the Contract\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e2.5 Bank Charges\u003c\/p\u003e\n\u003col start=\"3\"\u003e\n\u003cli style=\"font-weight: 400;\"\u003e\u003cstrong\u003eCONTENTS OF DOCUMENTARY CREDIT\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.1 Unconfirmed Irrevocable Letter of Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.2 Tolerance\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.3 Partial Shipments\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.4 Transhipment\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.5 Type of Letter of Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.6 Form of Advice of a Letter of Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.7 Date and Place of Expiry\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.8 Date of Issue of the Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.9 Description of the Goods\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.10 Advice and Confirmation of the Letter of Credit\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.11 Amendments\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3.12 Details on Transport\u003c\/p\u003e\n\u003col start=\"4\"\u003e\n\u003cli style=\"font-weight: 400;\"\u003e\u003cstrong\u003eIMPORT LETTERS OF CREDIT\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp style=\"font-weight: 400;\"\u003e4.1 Items to check with the importer\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e4.2 Completing Documentary Credit (DC) Application Form\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e4.3 Internal Records\u003c\/p\u003e\n\u003col start=\"5\"\u003e\n\u003cli style=\"font-weight: 400;\"\u003e\u003cstrong\u003eTRANSMISSION OF DOCUMENTARY CREDIT\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp style=\"font-weight: 400;\"\u003e5.1 Charges for Documentary Credits\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e\u003cstrong\u003eFurther Reading\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e1 – Sample LC Application form\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e2 – Dissertation on Using UCP600\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e3 – Sample SWIFT Template for LC\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e4 – Summary Guide to the UCP600 Rules\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e5 – The Power of Argument\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003e6 – The Role of Documentary Credits in the International Sales Contract\u003c\/p\u003e\n\u003cp style=\"font-weight: 400;\"\u003eForum Assignment\u003c\/p\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cp style=\"font-weight: 400;\"\u003e\u003cimg alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/files\/WinnerBestOnlineTradeFinanceAccreditedCoursesGlobal2019_1_240x240.png?v=1569463503\" style=\"float: left;\"\u003e\u003cspan\u003eOur Trade Finance courses were awarded\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eBest Online Trade Finance Accredited Courses Globally\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eby Capital Finance International Magazine in 2019!  Our trade finance online training offerings are \u003c\/span\u003e\u003cstrong\u003eendorsed by the International Finance Corporation\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003efor professional development in this area by its issuing and partner banks.  Our online certificate program is a great value for money way to prepare for the exams of the CDCS and CITF exams.  All our courses are also accredited for Continuous Professional Development (CPD) purposes by the CPD Certification Service of the United Kingdom which confirms they meet international CPD standards\u003c\/span\u003e\u003c\/p\u003e\n\u003c!-- ebsi-cross-sell --\u003e\u003cdiv class=\"ebsi-cross-sell\"\u003e\n\u003ch3\u003eContinue your learning\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePart of this learning pathway:\u003c\/strong\u003e \u003ca href=\"\/collections\/trade-finance-operations\"\u003eTrade Finance Operations\u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eNext course:\u003c\/strong\u003e \u003ca href=\"\/products\/management-of-documentary-credits\"\u003eLetters of Credit Advanced\u003c\/a\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c!-- ebsi-academy-breadcrumb --\u003e\n\u003chr\u003e\u003cdiv class=\"ebsi-course-pathway\"\u003e\n\u003cp\u003e\u003cstrong\u003eCourse pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-trade-finance-academy\"\u003eeBSI Trade Finance Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/trade-finance-operations\"\u003eTrade Finance Operations\u003c\/a\u003e \u0026gt; Letters of Credit Essentials\u003c\/p\u003e\n\u003cp\u003eExplore more \u003ca href=\"\/collections\/trade-finance-operations\"\u003eTrade Finance Operations\u003c\/a\u003e training or return to the \u003ca href=\"\/pages\/welcome-to-ebsi-trade-finance-academy\"\u003eeBSI Trade Finance Academy\u003c\/a\u003e.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"eBSI Export Academy","offers":[{"title":"Individual Licence (EUR 60)","offer_id":14368951304255,"sku":"ITS-03-FIT-003","price":66.0,"currency_code":"USD","in_stock":true},{"title":"5 Licences (EUR 50 each)","offer_id":59260484125020,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true},{"title":"10 Licences (EUR 40 each)","offer_id":59260484157788,"sku":null,"price":440.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/products\/screen1_f74915ff-4ccb-482c-96ff-d96aaa4cbbec.png?v=1592763922","url":"https:\/\/www.ebsiamericas.com\/products\/documentary-credits-fundamentals","provider":"eBSI Export Academy","version":"1.0","type":"link"}