Price: AED 5,000

Duration: 2 - 3 Days

Timing: Flexible

This training   provides the skills required to perform effectively in a fast-paced commercial international trade environment. Developed in consultation with industry experts, it provides the latest learning and reflects best practice.

Course Overview

This training provides the skills required to perform effectively in a fast-paced commercial international trade environment. Developed in consultation with industry experts, it provides the latest learning and reflects best practice.

Course Outline

  1. Understand the main types, characteristics and uses of documentary credits.
  2. Know the industry rules, standards, guidelines and trade terms that govern the delivery of documentary credit transactions.
  3. Understand the ways in which documentary credit transaction rules and regulations can be breached and the implications of such breaches.
  4. Understand the roles and obligations of the parties to documentary credit transactions and the relationships between them.
  5. Understand the types and methods of payment and credit used in documentary credit transactions.
  6. Understand the types of transport, commercial and financial documents used in documentary credit transactions and their requirements under ICC rules.
  7. Understand the processes and challenges involved in documentary credit transactions.
  8. Understand and manage the risks involved in documentary credit transactions.
  9. Understand the related products used in documentary credit transactions.
  10. Be able to manage the transport, commercial and financial documents used in documentary credit transactions.