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.
Course Location
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.
See all Singapore Chinese Chamber Institute Of Business courses- Credit Risk Manager Compliance CentralSGD 17Duration: Upto 3 Hours
- Credit Control & Compliance StudyHubSGD 33
SGD 655Duration: Upto 2 Hours
