Advanced Letters of Credit Singapore Chinese Chamber Institute Of Business
Price: S$350 + GST (Members)

    Course details

    Transportation of goods from exporter to importer involves many third-party companies such as shipping agents, bankers and insurance companies, just to name a few. As such, it is important to learn how to protect your company’s interest against cases of fraud, and be aware of the risks that your company may be exposed to.

    Course Content

    • Risks & Legal Issues in Letters of Credit (L/C)
    • Fraud & Recent Developments
    • Special Types of L/C
    • How They Work;
    • Types of Special L/C;
    • Their Technical Variations.
    • Back-to-Back L/C and Transferable L/C
    • How to Match Terms & Terms with an Export L/C
    • Assessing Risks under Standby L/C
    • Recent Cases from the ICC – Methods for Settling Disputes on Documentary Credits
    • Queries and Responses from ICC with regards to UCP 600
    • Recent L/C Court Cases

    Target Audience

    • This course is for personnel (Traders, Importers, Exporters, Shipping Agents etc) who are already familiar with trade documentations such as Letters of Credit, UCP600 etc.

    Assessment and Certificate

    • Participants who fulfil at least 75% attendance for the whole course will be awarded Certificate of Attendance.
    • There is no assessment for this course.
    Updated on 13 August, 2015

    About Singapore Chinese Chamber Institute Of Business

    The Institute caters to the learning and development needs of a wide variety of trainees and students, including industry/company leaders, senior managers and working professionals, both local and international. The programmes offered can be broadly classified under business studies, language & culture studies, skills training and customised programmes. Being a wholly owned subsidiary of SCCCI, most of our programmes are run in Mandarin, to cater to the needs of SMEs and the Chinese business community.

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