Apply the technical aspects of shipping infectious substances by air
Review the current Infectious Substances Shipping Guidelines based on the latest IATA Dangerous Goods Regulations Manual
Use our step-by step workbook with the current Infectious Substances Shipping Guidelines publication
Promote safe and efficient handling practices in the workplace
Facilitate shipments by ensuring compliance
Target Audience
Shipping personnel, freight forwarder, banker, trader, importer/exporter, businessman, and those keen in upgrading their knowledge in international trade.
Course Outline
Day 1 – Introduction of Letter of Credit
What is a ‘Letter of Credit’?
What are some common payment terms used in international trade?
Why are ‘Letters of Credit’ used?
How are ‘Letters of Credit’ issued?
How does a ‘Letter of Credit’ work with commercial transaction relating to Domestic and International trade?
Who are the different parties to the ‘Letter of Credit’?
Day 2. Incoterms: Its Rules and Applications
Ncoterms 2000
Meaning of EXW, FCA, FOB, CFR, and CIF
How to use the terms to your advantage
Responsibilities of buyer and seller
Meaning of title and transfer of risk
Its customs of trade
Day 3. The Fundamental of International Trade Financing
Finance for exporter & importer
Factors for financing
Types of payments
Export Credit Insurance
International Export factoring
Trust Receipt and Discounting Bill
Day 4. The Elements of Letter of Credit
Operation of Letter of Credit
Rules cpncerning the application of L/C
Methods of overcoming discrepancies
Effective methods of checking L/C
Understanding UCP 600
How to do financing in Back-to-back LC
Day 5. Understanding International Fraud and Prevention