Outcomes
By the end of this training course, trainees will be able to :
- Introduce and explain the basic concepts in documentary of credit.
- list the basic concepts in the documentary of credits process.
- Explain the documentary of credits cycle.
Target Group
- Junior trade finance practitioners.
- Financial managers.
Contents
- Documentary credit introduction.
- Documentary credit cycle overview.
- Amendments on documentary credits.
- Issuance of documentary credits.
- Reimbursement under documentary credit.
- Advising bank handling of documentary credits.
- Confirmation of documentary credits.
- Beneficiary review of the documentary credit and presentation.
- Practical examples.