Methods of Payment

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.

COURSE PROGRAMME:

Cash against documents

Documents against acceptance

Understanding how a Letter of Credit works

COURSE OUTCOME:

At the end of the programme, delegates will have a clearer understanding the main methods of payment for export, the rules and regulations around Letters of Credit, and gain confidence and experience in preparing documentation.

WHO SHOULD ATTEND?

This course is designed for Export Sales, Shipping, Marketing, Accounts and Customer Services personnel.  Freight forwarders and despatch staff may find some parts of the course extremely useful.

This course is accredited by the British Chambers of Commerce and upon completion of 2 written revision papers, delegates will receive a BCC accredited certificate, subject to a pass mark of 50%, plus 2 credits towards the Foundation Award in International Trade.  You will need to achieve 6 credits to be awarded with the Foundation Award, a nationally recognised qualification.

For further information or to book on to this course, contact Karina Taylor at k.taylor@hull-humber-chamber.co.uk