Thursday, March 25, 2021
Virtual LIVE Training via Zoom
1:00 pm - 5:00 pm (MDT)
Zoom call-in instructions will be emailed the day before the training.
Training Description
This training covers how importers and exporters identify financial risks and use the appropriate method of payment including: letters of credit, cash in advance, documentary collection, and open account. Various economic risks such as exchange rate fluctuations are also discussed. This seminar introduces you to the basics of Letters of Credit; and review the purpose and function of the UCP 600 rules. In addition, discover six tips for reducing the costs of L/Cs and understand which payment terms work best with each Incoterm.
Recommended For
Personnel involved in payments or financing.
Prior Knowledge
It is recommended that every participant take the Incoterms course. If you cannot attend the Incoterms course in-person, it is also available to take anytime online here.
Instructors
Roy Becker, Roy Becker Seminars - Roy has over 30 years experience working in the international departments of several banks, where he assisted importers and exporters with the intricate banking needs associated with international trade. After 34 years in the corporate world, Roy made the decision to take his expertise beyond banking and provide training to others around the country who are involved in international trade.
TBD, U.S. Small Business Administration -
Chris Barlow, AFEX -
Training Hours
This training counts for 8 hours towards the Certificate in International Trade.
WTC Denver Members
If you are interested in attending this event using one of your membership's free training credits, please contact your account executive or email institute@wtcdenver.org.
**The registration fee is nonrefundable within 48 hours prior to the training. Participant substitutions can take place at any time.**