100% OFF- Letter of Credit, Trade Finance, ISBP, UCP 600/500 Made Easy

Welcome to the online course, “Letter of Credit, Trade Finance, UCP 600 & UCP 500 Made Easy”. This course is designed to provide a comprehensive understanding of the International Letter of Credit (LC), International Trade Finance and its governing rules, the Uniform Customs and Practice for Documentary Credits UCP 500 & UCP 600.

As you may know, international trade involves various parties, such as buyers, sellers, banks, and shipping companies. And also it requires a reliable payment method to ensure that transactions are secure and efficient. Hence, this is where trade financing by banks comes in as a popular payment method used in international trade transactions.

In this course, you will learn about the different types of LCs, the parties involved in the LC transaction, and the role of the UCP rules in LC transactions. At the same time, you will also gain practical knowledge of the LC process, including how to draft, negotiate, and document an LC. As well as how to handle discrepancies that may arise in the LC documents.

Whether you are a beginner or an experienced professional in international trade, this course will equip you with the essential knowledge and skills needed to understand and work with LCs effectively. So, join us and take the first step towards becoming an expert in International Letters of Credit and UCP 500 and UCP 600.

WHAT IS COVERED IN THIS COURSE?

This course on the international letter of credit covers topics like

• Different methods of receiving international payments in exports.
• Role of international banks in international trade financing and documentary credit.
• Typical exports and documentary credit cycle.
• Types of International Letters of Credit
• International Letter of Credit Opening Instructions
• All precautions are to be taken by the beneficiary before accepting the letter of credit.
• Common discrepancies in LC documentation presentations.
• Role of UCP 500 and UCP 600
• Role of ISBP 2007
• International Letter of Credit Frauds and Prevention
• Overview of UCP 600 compared with UCP 500
• Common provision of UCP 600
• New additions to UCP 600
• The emerging role of revolutionary Blockchain-based Online L/Cs
• Real-life examples of Blockchain-based L/Cs
• Case Studies

What can you expect from the outcome of learning this course?

After completing this course on the international letter of credit and UCP, you will have thorough knowledge about the Documentary International Letter of Credit, its background, nature, and types. Subsequently, you will be able to work with top international companies in their commercial department getting good salaries. Alternatively, you can also start your exports or imports business by receiving or sending international payments for goods/services sold or bought. Finally, this course is the only one of its kind on UDEMY. Because, this course is based on the years of experience and research work carried out by Dr. Vijesh Jain, the author, and instructor of this course.

Complimentary E-Book on Letter of Credit

On completion of this course, you also get a complimentary copy of a comprehensive E-Book written by the Instructor. The title of the E-Book is – All About Letter of Credit, International Trade Finance, UCP 600 and UCP 500

About the instructor

Dr. Vijesh Jain, the instructor of this course on the documentary letter of credit. And he is a seasoned professional in all the areas related to global business, exports, imports, international logistics, and supply chains. Also, he has served with several international organizations working in several countries and dealt with more than 28 countries for export operations. Moreover, he is an IIFT, BITS, BIMTECH, and Harvard University Alumnus. In addition, he has a Ph.D. in international business from the University of Mysore. More interestingly, an award-winning professor and export professional, he has been actively working to share his knowledge of more than 35 years in international business management. For this, he regularly creates the VJ Global MBA Knowledge Series Courses on UDEMY.