£150 – £300

BCCFT: Letters of credit & Methods of payment

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This course will count as TWO towards the Chamber Foundation Award, with Letters of Credit & Methods of Payment covered in one course.

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This three-hour course will cover two modules, both Letters of Credit and Methods of Payment, counting two towards the BCC Foundation Award in International Trade.

Over 75% of first presentations to banks are rejected, resulting in cost and time delays for many businesses. This course aims to give business better understanding of getting paid for their goods.

Learners will:

  • Be able to understand the Letter of Credit procedure, and identify the relevant parties
  • Be compliant to the requirements of a Letter of Credit and methods of payments
  • Be able to identify different Methods of Payment in International Trade
  • Identify & understand the necessary process for payment documentation

Each of the Chamber Training Courses can be reimbursed by the UK’s “Customs Grant Scheme”, Businesses that complete customs declarations now have until 31 January 2021 to apply for grant funding to help them increase their capacity to do so.

See here for more: https://www.customsintermediarygrant.co.uk or https://www.gov.uk/guidance/grants-for-businesses-that-complete-customs-declarations

Chamber International Training Course will be up to three hours, with breaks and questions, aimed to help business become trade compliant no matter where you are in your export journey.

Completing six of the ten modules will entitle the learner to the internationally recognised BCC Foundation Award in International Trade.

Each session will be followed by an assessment, which must be returned within 24 hours.

If you have any questions relating to this or all modules, please contact jack.simpson@neechamber.co.uk.

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