This 90-minute will help exporters and importers understand the three international trade finance methods of payment; to include Letters of Credit, Documentary Collections and Open Account; and their variations. You will also learn the pros and cons of each method and what documents are used to effect each type.
Companies that export and import products can use Documentary Letters of Credit, Documentary Collections or Open Accounts to purchase and sell goods globally. Understanding the proper application and documents involved will assist in the reliable payment for goods sold. Understanding the proper application of each type of payment will provide the most competitive possible terms of sale.
This 90-minute webinar will help exporters and importers comprehensively understand the three international trade finance methods of payment and their variations. We will also review the pros and cons of each method and what documents are used to effect each type.
Official Website: http://www.complianceonline.com/ecommerce/control/trainingFocus/~product_id=702215?channel=yahooevent
Added by complianceonlinecom on November 19, 2012