An Introduction to International Trade

OLD Trade Finance & Letters of Credit

This training covers how importers and exporters identify financial risks and use the appropriate method of payment including: letters of credit, cash in advance, documentary collection, and open account.

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Training Curriculum

1. Training Information
  FREE PREVIEW
1. PowerPoint
1. Introduction Story
1. Financial Risks of Exporting
2. Quiz
1. Proforma Invoice
2. Quiz
1. Cash in Advance
2. Open Account
3. Collection
4. Letter of Credit
5. Quiz
1. Exporter & Importer Risk, Letter of Credit Parties, and Strict Compliance
2. Quiz
1. Fees Discussion
2. Quiz
1. Seven Factors to Consider
2. Role of Trust and Competition in Setting Payment Terms
3. Using Multiple Methods of Payment
4. Quiz
1. Incoterms Summary Grid
2. Quiz
1. Letters of Credit
2. Sample Letter of Credit
3. Uniform Customs and Practices for Documentary Credits
4. Quiz
1. Customer Draft and Commercial Invoice
2. Ocean Bill of Lading, Air Waybill, and Packing List
3. Quiz
1. Assignment of Proceeds and Transfers
2. Time Drafts
3. Quiz
1. How to Get an LC, Amendments, and Confirmation
2. Tips to Reduce LC Costs
3. Quiz
1. Standby Letters of Credit
2. Evergreen Clause
3. Quiz
1. Instructions to the Buyer for Opening an LC
2. Letter of Credit Checklist
3. Quiz
1. SBA's Export Express
2. Quiz
1. SBA International Trade Loan
2. Quiz
1. Export Working Capital Loans
2. Pre-Shipment Case Study
3. Standby LC Case Study
4. Asset-Based Line Case Study
5. Quiz
1. Ex-Im Bank Credit Insurance Information
2. Quiz
1. Ex-Im Bank Loan Guarantees
2. SBA Review and Conclusion
3. Quiz
1. Exporting in Economic Downturn
2. The Challenge
3. The Problem
4. The Solution
5. Quiz
1. Where to Buy and Costs
2. Policy Parameters
3. Underwriting Foreign Buyers
4. Insurance as a Sales and Financing Tool
5. Quiz
1. Trade Finance and Letters of Credit Test on Main Concepts

About this course

$350.00
66 lessons
4 hours of video content

OLD Trade Finance & Letters of Credit

Training Curriculum

Introduction

Resources

Training Introduction

Financial Risks of Exporting

Proforma Invoice

Terms of Trade

Exporter and Importer Risk

Letter of Credit Fees Structure

Setting & Structuring Payment Terms

Incoterms, UCC Terms & Payments

Letters of Credit

Documents that Accompany a Letter of Credit

Assignments, Transfers & Time Drafts

How to Get an LC, Ammendments, Confirmation & Reduced Costs

Standby Letters of Credit

Instructions to the Buyer for Opening an LC

SBA Export Express

SBA International Trade Loan

Export Working Capital Loans

Ex-Im Bank Credit Insurance

Ex-Im Bank Loan Guarantees

Export Credit Insurance

Export Credit Insurance Details

Trade Finance & Letters of Credit Test

About this course