Letter of Credit
Open Account / PIA
Documentary Collection            
Banking Terminology

Methods of International Payment - from the Forwarder's Perspective

Time Draft... Sight Draft ... Drawee... Beneficiary ... Applicant ... Issuing Bank ... UCP 600 ... INCOTERMS & required documents ... Confirmed ... Pro Forma Invoice basis... Advising Bank ... Collecting Bank ... Bank Letter of Transmittal ... Reviewing the L/C

Training Topics
  •  Comparison of Intl Methods of Payment 
  •  Risk factors of payment methods
  •  Familiarity with basic terms used by Bank
  •  Step-by-step of L/C cycle
  •  Shipment example
  •  Components of L/C to review

Copyright 2000 H.C. Bennett Company. All rights reserved.
Revised: July 15, 2016

Two 45 minute one-on-one tutoring sessions preceded by syllabus, reading, homework, test questions and annual subscription to International Ops Manual on HCB Cloud

$150.00 per Webinar attendee

Register

Training ...Individualized for International Trade Ops

Operation Tools  ... for Import/Export Ops

Trade Manager... IOR/ Export Management