Letters of Credit

Documentary requirements, bank expectations, common mistakes and how letters of credit affect international sales. A practical look at why presentations get rejected and what it takes to be paid on time.

What you will learn

• How a letter of credit works and who is liable at each step
• What the bank is actually checking when documents are presented
• The discrepancies that most often delay or prevent payment
• How the credit's terms constrain shipping and documentation
• What to negotiate before accepting a credit you cannot comply with

Who should attend

• Finance and credit control teams
• Export sales handling payment terms
• Documentation and shipping staff preparing presentations
• Business owners trading in higher-risk markets
• Anyone who has had a presentation rejected

Why this workshop matters

A letter of credit protects the seller only if the documents are right. Most losses under credits are self-inflicted paperwork.

Format

Live online workshop, 9:30-11:45 (2 hours). Certificate of attendance on completion.