International Trade & Banking Institute
ABOUT ITBI TRADE GUIDE COURSES SEMINARS L/C MONITOR


Letters of Credit: An Intermediate to Advanced Workshop for Importers & Exporters
By: Jacob Katsman

COURSE DESCRIPTION: In Letters of Credit - An Intermediate to Advanced Workshop for Importers & Exporters, Jacob Katsman covers the following topics:

Documentary Credits: Factors Important to Importers

  • How to protect your company when issuing letters of credit
  • Confirmed and unconfirmed credits in a falling market
  • Understanding the importance of T/T reimbursement
  • How to word a payment clause in your favour from an importer's perspective

Financing Trade Through Letters Of Credit

  • Transferable letters of credit: How to use the buyer's funds to pay your supplier(s)
  • Tips on avoiding problems in transferable credit transactions
  • How to transfer a letter of credit which is not transferable

Keynote Luncheon Address (Included on the Videotape Only)
"Trends in International Trade: How to Increase Your Productivity & Your Competitivity"

Naznine Lakha
Senior Manager, Ontario International Trade Centre
Royal Bank of Canada

Assignments of Proceeds & Back-To-Back Letters of Credit

  • Assignment of proceeds: How to use them and how to profit from them
  • Financing freight via assignment of proceeds
  • Back to back letters of credit: problems and solutions
  • Choosing the best structure for a transaction

Case Study: Spotting & Preventing Problems Before They Occur

  • "Under water stones" practical problems solving through case study

NUMBER OF PAGES: 124

COURSE PREVIEW

COST: US$325.00 for workshop materials. Optional US$40.00 for two videotapes of the workshop given on October 5, 1999 at the Canadian Importers Association.