15/02/2022
Principle Trade Finance : Letter of Credit & Bank Guarantee
Scope of training material:
- Introduction on International Trade
- Risks and problems in International Trade
- Methods of settlement in International Trade
- Bank Guarantees
- Introduction to Documentary Credit
- Opening the Documentary Credit
- Selection of a correspondent banks as advising bank
- Types, Uses and Characteristics Documentary Credit
- Relationship Beneficiary – Issuing Bank
- Summary Documentary Credit
- Preliminary Tasks
- Examination of documents
- Handling discrepant documents
- Settlement