Training Time: Half a day or 1 full day
Training Content:
CASH IN ADVANCE (CASH IN ADVANCE/CASH BEFORE DELIVERY / ADVANCE PAYMENT/PREPAYMENT)
- Features of Cash Payment
- Foreign Exchange Obligation in Advance Payment
LETTER OF CREDIT (LETTER OF CREDIT - L/C)
- Features of the Letter of Credit
- Parties to the Letter of Credit
- Stages of the Letter of Credit
- Types of Letters of Credit
- Revocable and Non-Revocable (Irrevocable-Irrevocable) Letters of Credit
- Confirmed and Unconfirmed Letters of Credit:
- Rotary-Revolving Letter of Credit
- Red Conditional/Prepaid and Green Conditional Letters of Credit:
- Back-To-Back Letter of Credit:
- Transferable (Transferable) Letter of Credit:
- Guarantee Letter of Credit /Stand-by Credits)
- Letters of Authorization
- Deferred Letter of Credit / Deferred Payment).
- An Example of a Letter of Credit Form
- Rules Related to the Accredited Payment Process
- Matters to be considered in Letter of Credit Transactions
- Advantages of a Letter of Credit from the Point of View of the Buyer
- Advantages of a Letter of Credit from the Seller's Point of View
CASH IN ADVANCE PAYMENT / SALE BY POLICY / DOCUMENTARY COLLECTIONS / CAD
- Features of the Payment Process in Accordance with the Cash In Advance
- Parties to the Payment Transaction in Accordance with the Cash In Advance
- Stages of the Form of Payment in Accordance with the Cash In Advance
- Rules Regarding the Payment Process in Accordance with the Cash In Advance
- Exporter Risks of Collection Documents
- Main Ways to Reduce Exporter Risks Arising from Collection Documents
- Advantages of the Collection Certificate for the Exporter Due to its General Structure
- Disadvantages of the Collection Document for the Importer
- Advantages of the Collection Document for the Importer
- Tax duties and Fees Received in the Transaction in Accordance with the Cash In Advance
PAYMENT FOR GOODS (OPEN ACCOUNT)
- Features of Payment for Goods
- Stages of the Payment Process for Goods
ACCEPT OVERDRAFT (AND ENDORSE) PAYMENT (ACCEPTANCE & AVALISATION)
- Acceptance & Avalisation (Endorsed) and Visa Response
- Acceptance of Goods with Credit (Endorsed)
- Acceptance Credit (Endorsed) Letter of Credit
- BPO - BANK PAYMENT OBLIGATION
- Features of BPO Operations
- Stages of BPO Operations
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