34 screens of Presentation
30 pages Students' Guide
Including Students' summary task.
Export Marketing & Merchandising
4 lectures of 90 minutes each plus 180 minutes time limit for writing a summery about “The Letter of Credit” as per two pages at the end of this Students’ Guide. It is recommended to add another 90 minutes for a joint review of the trainees’ writing in class. Recommended total time = 7 lectures of 90 minutes each or two days if delivered in a seminar.
Export Marketing, Merchandising, Shipping and Accounting Staff to know how to reduce the payment risk to a minimum and realize how to correctly handle the shipment documents.
The lecturer to distribute the Students’ Guide about 10 days prior to starting the teaching of this subject. Encourage students to study minimum 15 screens in ad-vance to make it possible to ask specific questions, follow the lecture and get actively involved in the training. – Trainees to write a summery at the end of the lecture.
Introduction of payment terms
Different payment methods
Different types of L/Cs
A letter of credit
L/C at sight
L/C details incl. required documents
Negotiation of documents
L/C discrepancies - charges
Variety of L/C terms
Time to open the L/C – risks of L/C transactions
Other payment methods
Open account – account settlements - trust
Trainees’ task – Write a summery about L/C details
A lecturer can be provided for in-house training – Screen, projector, computer, pin board, pointer