This workshop covers the five main types of payment for exports, from advance
payment to open account, including Sight Documentary Collection, Term
Documentary Collection and Documentary Letters of Credit. It includes the use of
Bills of Exchange with and without documents.
Over 75 per cent of first presentations to banks against documentary letters of
credit are rejected, resulting in delayed payments to exporters, additional
costs and breached delivery deadlines.
The course will give delegates a better understanding of how important it is to
get it right first time avoiding delayed payment of goods exported.
Please note: If you are working towards your British Chamber of Commerce (BCC)
Foundation Award, this course will count towards 1 of your 6 modules. Please
make sure you select the ‘Yes’ option in the dropdown option for BCC when
booking.