The No. 1 Trade Show Site in the U.S.

Menu
×
EVENT DATE
Oct 2015
M T W T F S S
12131415161718
EXPO DATE
Oct 2015
M T W T F S S
12131415161718

Venue


Online Event
Location map
Tel:
Type: Online Event

Partners

exhibitus success by design Remington Hotels NorthStar Express Freight

Webinar on Export Letters of Credit

B2B

Overview: 

This teleconference will walk you through the steps in the life of a letter of credit, identifying pitfalls along the way. The teleconference will review and illustrate fundamental principles using real-life examples.

Our presenter will explain how these principles apply to both commercial and standby letters of credit and how these two types differ. In particular, you'll learn why letters of credit might not get paid. Along the way, you will learn about standard and silent confirmation and how to get paid in hours instead of weeks. 

Why should you Attend:

Letters of credit used in export sales (commercial L/Cs) are quite different from those credit managers are accustomed to using in domestic sales (standby L/Cs). The biggest difference is that export L/Cs are intended to be drawn on and thereby serve as the means of payment for goods shipped. The "rub" is that they tend to call for more documents, many of which are prepared by third parties. Export L/Cs are designed to serve as a reliable means of credit assurance and also an efficient means of payment. Yet 75% of the time the documents are noncompliant and it can take 3 to 6 weeks to get paid on a "sight" L/C.

This session will provide participants with a detailed review of the mechanics of export L/Cs and how they are structured to assure fast payment. The discussion will then focus on the points at which the process tends to break down. Participants will learn how to get paid in one or two days, even when documents are discrepant, how to avoid discrepancies (and non-payment), and how and when to use "silent confirmations." 

Areas Covered in the Session:

  • Export Credit Risks
  • What Is a Letter of Credit?
  • Mechanics and Principles of Letters of Credit
  • Confirmed Letters of Credit
  • Usance Letters of Credit
  • Financing Letter of Credit Sales
  • What to Ask for in Your Letters of Credit (Creating an Instructions Form)


Who Will Benefit:

  • Attorneys
  • Credit and collection managers
  • Presidents
  • Vice presidents
  • Business owners
  • Managers
  • Insurance professionals
  • Lending professionals
  • Accountants
  • Bankers

Price: US$111.00

There may be many networking opportunities at the Webinar on Export Letters of Credit. Find out more in the event details below.

EVENT CONTACTS


Event Manager
Compliance4All
161 Mission Falls Lane, Suite 216, Fremont, CA 94539, USA.
Fremont, CA 94539
(800) 447-9407

EVENT DETAILS

Primary Industry:
Accounting
Other Industries:
Accounting, Business
Audience:
Attorneys
Credit and collection managers
Presidents
Vice presidents
Business owners
Managers
Insurance professionals
Lending professionals
Accountants
Bankers
Notes:
Attendee Statistics:
Show Owner:
Sponsorship: Yes

Exhibitor Information +

Booth Details:

Booth Size
Booth Cost
No exhibiting.
Amenities
Electricity:
n/a
Water:
n/a
Generator:
n/a
Marketing Vehicles Allowed:
n/a
Services
n/a

floor plan

MORE events +

BUSINESS+
HEALTH CARE+
MANUFACTURING+
TECHNOLOGY+
2017: 2,575 Trade Shows
2018: 575 Trade Shows
© copyright since 2008 All Rights Reserved eventsinamerica.com
1,155
page views