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

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Section I - Contract

Elements of a Sales Contract
Improving Cash Flow
Managing Trade Risk
Incoterms
Trade Documentation
Insurance Coverage

Section II - Payment

Methods of Payment

Section III - Letters of Credit

Letter of Credit Transactions
What it is
Parties to a Letter of Credit
Types of Letters of Credit
Credit Documentation
Checklist for Exporters

Section IV - Guarantees

What is a guarantee?
Bid Bonds or Tender Guarantees
Performance Bonds or Guarantees
Advance Payment Guarantees
Guarantees for Common Business Transactions

Section V - Collections

Foreign Collections Transactions
Clean Collection
Documentary Collection
Advantages for the Exporter
Advantages for the Importer
Foreign Collections
Understanding the risks and avoiding pitfalls
Definitions
The Bill of Exchange
Collections Checklist

Section VI - Letter of Credit - Bibliography of Resources

Section VII - UN Convention on International Bills of Exchange and International Promissory Notes

Section VIII - UN Convention on Independent Guarantees and Stand-by Letters of Credit

Section IX - UNCITRAL Model Law on International Credit Transfers


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