Learn how LC cycle works for exports and imports. All about UCP 600 & 500 and ISBP 2007. Types of LCs / Discrepancies.
Platform: Udemy
Status: Available
Duration: 7 Hours
Price: $94.99 $0.00
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What you'll learn
- Different methods of receiving international payments in exports.
- Role of international banks in international trade financing and documentary credit
- Typical exports and documentary credit cycle.
- Types of International Letter of credit
- International Letter of Credit Opening Instructions
- Precaution taken by beneficiary before accepting letter of credit.
- Common discrepancies in LC documentation presentations.
- Role of UCP 500/600
- Role of ISBP 2007
- International Letter of Credit Frauds and prevention
- Overview on UCP 600 compared with UCP 500
- Common provision of UCP 600
- New additions to UCP 600
- Emerging role of new revolutionary Blockchain based L/Cs
- There are no course pre requisite to this course
- Little knowledge of typical export process is desirable
'International letter of credit and UCP mastery advanced certification course' is something you are looking to master the art of getting international payments through documentary international letter of credit? Do you want to ensure that you do not make mistakes in accepting overseas LCs? Do you want to know all about UCP 500/600, ISBP and different methods of documentary credit and when to use these instruments? Friends, this is the perfect course for you. And, this VJ Exports Mastery Series Course provides complete understanding on the international trade financing instruments especially focusing on Documentary International Letter of Credit.
This letter of credit learning course is a step by step guide to make you master the art of handling documentary letter of credit which are issued by banks from around the world. Friends, a career in documentary letter of credit handing is highly paying job whether you are working for global companies, international banks or export houses. Needless to say, half knowledge is recipe for disaster sooner or later. Therefore, do not leave any stone un-turned in your complete understanding of LCs, UCP 500/600, ISP98, ISBP 2007.
WHAT IS COVERED IN THIS COURSE?
This course on international letter of credit covers topics like
Different methods of receiving international payments in exports.
Role of international banks in international trade financing and documentary credit.
Typical exports and documentary credit cycle.
Types of International Letter of credit
International Letter of Credit Opening Instructions
Precaution taken by beneficiary before accepting letter of credit.
Common discrepancies in LC documentation presentations.
Role of UCP 500/600
Role of ISBP 2007
SWIFT transactions
International Letter of Credit Frauds and prevention
Overview on UCP 600 compared with UCP 500
Common provision of UCP 600
New additions to UCP 600
Emerging role of revolutionary Blockchain based L/Cs
Real life examples of Blockchain based L/Cs
What can you expect the outcome of learning this course?
After completing this course, you will have thorough knowledge about Documentary International Letter of Credit, its background, nature and types. Subsequently, you will be able to work with top international companies in their commercial department getting good salaries. Alternatively, you can also start your exports or imports business by receiving or sending international payments for goods / services sold or bought. And friends, this course is the only one of its kinds on UDEMY. Because, this course is based on the years of experience and research work carried out by Dr. Vijesh Jain, the author and instructor of this course.
About the instructor
Dr. Vijesh Jain, instructor of this course on documentary letter of credit, is a seasoned professional in all the areas related to global business, exports, imports, international logistics and supply chain. He has served with many international organization working in several countries and dealt with more than 28 countries for exports operations. He is an IIFT, BITS, BIMTECH and Harvard University Alumnus. I addition, he has a PhD in international business from University of Mysore. An award winning professor and exports professional, he has been actively working to share his knowledge of more than 30 years in the international business management. For this, he regularly create VJ Exports Mastery Series of Course on UDEMY.
Who this course is for:
- Any one looking for high paying salaries in the LC departments of MNCs, Banks
- Anyone looking for career in managing digital letter of credits working from home
- Exporters and importers who want to refresh and update their complete knowledge about LCs
- Students looking for career in global business
- Entrepreneurs with global ambitions
- New startups in the area of blockchain based international trade soltions
- FX dealers
- International banks professionals or bank job seekers
- Working professionals in international trading companies
- Senior managers managing global operations
