Overview on Import/Export Procedure and International Trade SMF Centre for Corporate Learning
Price: SGD 428

    Course details

    PROGRAMME OBJECTIVES

    This seminar is designed to give participants an overview understanding of import/export procedures, international trade terms, the uses of shipping documents, different aspect of cargo insurance, and letter of credit practices. This seminar aims to provide both the practical and theoretical aspects of the latest and the most effective ways doing import/export.

    PROGRAMME OUTLINE

    1. International Trade Terms(Incoterms 2010)

    • Meaning of EXW, FCA, FOB, CFR, CIF, etc…
    • How to do quotation and prevent losses
    • Using the latest terms to your advantage
    • How to choose the right terms

    2. International Shipping Documents

    • Importance and proper uses of documents
    • Understanding B/L and AWB and its implications
    • Operation of Packing List & Invoice
    • Certificate of Origin – uses and applications
    • How to apply for Shipping Guarantee

    3. Cargo Insurance Policy

    • Reasons for cargo insurance
    • Changes in the insurance policy
    • The Institute Cargo Clauses
    • Exclusion Clauses
    • Claims Procedures
    • Documentation of claims

    4. International Financing and Letter of Credit

    • Types of payment in international trade
    • Step-by-Step operation of L/C
    • Types of Letter of Credit

    WHO SHOULD ATTEND

    Shipping personnel, sales & marketing staff, freight forwarder, banker, trader, importer/exporter, businessman, and those keen in upgrading their knowledge in international trade.

    Updated on 08 November, 2015

    About SMF Centre for Corporate Learning

    The Singapore Manufacturing Federation (SMF), formerly known as the Singapore Manufacturers' Association, was first established in 1932. Its main aim is to champion the Singapore manufacturing sector. With a membership of over 2,800 corporate members ranging from MNCs to SMEs, SMa carries out a myriad of activities to enhance the competitive edge of our members.

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