International Trade

INCOTERMS (International Commercial Terms) comprise some of the most widely used, but most misunderstood aspects within international trade; they can impact on a number of areas of a company’s operations, including sales, accounts, operations, compliance and customer service.
If used correctly, Incoterms can avoid uncertainty, minimise delay and facilitate smooth operations, transport and payment. If you agree to use a term without understanding the full implications for your business, it can result in unexpected costs, obligations and delays.

THIS half day course takes an in-depth look at the rules of origin, providing clarity between preference origin and non-preference origin and how to establish where goods originate “officially”.

Do you understand what a Commodity Code is? Do you know how to find out what your Commodity Code(s) should be?
Commodity Codes dictate your duty rating as well as alerting you to any import or export restrictions.

THE Customs Declaration Service (CDS) is the new system that supports making import and export customs declarations. It will replace the current CHIEF system.

THIS one day course covers the 5 main types of payment for exports, from advance payment to open account, including Sight Documentary Collection and Documentary Letters of Credit. It includes the use of Bills of Exchange with and without documents.

A BASIC introduction to the UK Export Controls. This course shall present an overview of each licence; their relationships, their impact on business and how they are best managed within a company. This is a first step along the road of compliance for business managers and interested parties.