Letter of Credit
Open Account / PIA
Documentary Collection             Banking Terminology

Methods of International Payment - from the Forwarder's Perspective

Time Draft... Sight Draft ... Drawee... Beneficiary ... Applicant ... Issuing Bank ... UCP 500 ... INCOTERMS® & required documents ... Confirmed ... Pro Forma Invoice basis... Advising Bank ... Collecting Bank ... Bank Letter of Transmittal ... Reviewing the L/C

Training Topics
  •  Comparison of Intl Methods of Payment 
  •  Risk factors of payment methods
  •  Familiarity with basic terms used by Bank
  •  Step-by-step of L/C cycle
  •  Shipment example
  •  Components of L/C to review

Copyright © 2000 H.C. Bennett Company. All rights reserved.
Revised: April 09, 2012

$75.00 per Webinar attendee / $125.00 Individualized Training

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Training ... Six Courses for International Trade

Trade Library  ... Support for Import/Export Operations

Logistics ... Eliminate the Middleman

Trade Manager ... Importer / Exporter of Record Management