Course details
This course is designed for participants who process the letters of credit. The participants will be able to understand and explain the various types of documentary letters of credit and identify the needs of the customers. This course explains the process through examples and provides the participants with practical experience on documentation and document checking involved in letters of credit. The participants will also be able to analyse the various risks involved in documentary letters of credit for all the parties involved in letters of credit process.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Explain the meaning of ‘documentary credit’
- Identify the different types of documentary credits
- Examine various documents involved in documentary credit process
- Demonstrate the operational procedures in examining documents, culminating in their settlement, rejection, amendment
- Examine? the risks and rewards for each party involved in letters of credit process
- Employ the correct documentary checking process
Target Audience
Inpiduals who are engaged in the trade finance department of their bank or organisation
Entry Requirements
None required
Updated on 08 November, 2015Course Location
About Bahrain Institute for Banking & Finance
We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.
We_They covers a wide spectrum of subject matter, with over 300 different courses offered to the financial and corporate market; tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with major international organisations.
We_They continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.
Since its inception in 1981, We_They has grown from training 450 applicants a year primarily within the banking industry, to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners in the last 3 decades.
Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their perse backgrounds ensure an enriched participant experience, striking the perfect balance between theory and practice.
We_They has made its mark internationally with clients in Asia, Africa, Europe, USA and the Middle East, well on its way to becoming the global institute of choice.
See all Bahrain Institute for Banking & Finance courses- Certified Technical Analyst VskillsBHD 16
BHD 37Duration: 1 To 2 Months - Financial Planning Course LineBHD 9
BHD 98Duration: Upto 3 Hours
