Brochure
Enquire- What is this course about?
- Introduction
- Process Flow And Roles of Banks Involved (Advising, Negotiating, Reimbursing)
- Vital Points about LCs
- Differences among Discounting, Purchase and Negotiation
International Trade Finance - Letter of Credit & UCP 600
BY
Udemy
Acquire an understanding of the letter of credit, a detailed explanation of the UCP 600 articles, and a thorough ...Read more
Online
₹ 399 3099
Quick Facts
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Medium of instructions
English
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Mode of learning
Self study
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Mode of Delivery
Video and Text Based
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Course overview
Financial goods and services that are utilised by businesses to assist international trade and commerce are known as "trade finance." Importers and exporters are able to conduct business more effectively and efficiently with the help of trade finance. Trade finance is an umbrella word for the various financial products used by banking and businesses to facilitate foreign trade. In contrast to consumer credit or bank loans, trade finance has its own unique set of rules and regulations. Trade financing may not always be an indicator of a buyer's lack of solvency or liquidity, contrary to general financing. International Trade Finance - Letter of Credit & UCP 600 certification is made available by Udemy to students who wish to learn about the types of letters of credit and how they function in the process.
International Trade Finance - Letter of Credit & UCP 600 online training includes three hours of video, two articles, and six downloadable resources which consists of a digital certificate upon course completion.
International Trade Finance - Letter of Credit & UCP 600 online classes consist of letters of credit, documents under LC, UCP 600, common discrepancies, automation of documents, MT 700 swift messages, CDCS concepts, and a practice test.
The highlights
- Full Lifetime Access
- Three Hours of Video
- Two Articles
- Six Downloadable Resources
- Access on Mobile and TV
- Certificate of Completion
Program offerings
- Online course
- Learning resources
- 30-day money-back guarantee
- Unlimited access
Course and certificate fees
Fees information
₹ 399 ₹3,099
certificate availability
Yes
certificate providing authority
Udemy
Who it is for
What you will learn
International Trade Finance - Letter of Credit & UCP 600 certification course, the individual will gain an understanding of the procedural flow of letters of credit, the several forms of LC, and crystal clear conceptions of the parties, roles, terminology, and jargon associated with letters of credit are all covered in this article. The participant will have a better grasp of the practical approach to UCP 600 with examples, common discrepancies, frequently asked questions in document processing, and MT700 swift message. The participant will become proficient in LC issuance, the potential of document checking in the future, automation using machine learning, and a practice exam to evaluate themselves.
The syllabus
Letter of Credit
Types of Letters of Credit
- Classification of Letters of Credit
- Confirmed and Unconfirmed LC
- Red Clause LC and Green Clause LC
- Revolving LC
- Transferable LCs - Process Flow
- Back to Back LC - Process Flow
Samples of Real life documents under LC: Know the important fields
- Invoices/Certificates/Transport Docs/Insurance
UCP 600
- Categories of Articles of UCPDC 600
- Understanding the Articles of UCP 600
UCP 600 - Detailed Discussion with Examples
- Articles 1-18
- Articles 19 - 27
- Articles 28 - 39
Scrutiny of LC Bills/ Common Discrepancies/ Bill Discounting or Negotiation
- Before starting scrutiny of LC Bills
- Common Discrepancies
Automation of Document Checking under Letter of Credit
- Understanding Automation of document checking under Letter of Credit
Downloadable Resources
- Downloadable Resources
Analyzing MT 700 Swift -Best Practices to Issue a Letter of Credit
- MT 700 Swift Messages - Understanding Issuance of a LC and the Best Practices
CDCS Concepts - FAQs on UCP 600/ Documentary Credits
- CDCS Concepts - FAQs on UCP 600/ Documentary Credits
Practice test - Test your knowledge
- Practice Test
Instructors
Articles
Popular Articles
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