Understanding Incoterms Singapore Chinese Chamber Institute Of Business
Price: SGD 240

    Course details

    Incoterms are a set of standardised international rules for the interpretation of trade terms, published by the International Chamber of Commerce and updated regularly. It is highly recommended for businessmen who make use of incoterms on a regular basis to have an updated, thorough understanding in order to reduce any potential risks while engaging in trading activities.

    Course Content

    • Purpose & Scope of Incoterms
    • Why Revision of Incoterms
    • Incorporation of Incoterms into the Sales Contract
    • The Structure & Variations of Incoterms
    • The Seller’s Delivery Obligations
    • Passing of Risks & Costs Relating to the Goods
    • The Buyer’s Options as to the Place of Shipment
    • Customs Clearance
    • Packaging & the Inspection of Goods
    • Mode of Transport & Appropriate Incoterm 2010
    • Bill of Lading & Electronic Commerce
    • Non-negotiable Transport Document instead of Bills of Lading
    • ICC Arbitration

    Target Audience

    This course is suitable for traders or any persons engage in the processes of goods transportation, cost allocation, insurance matters 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 08 November, 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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