Full course description
Letter of Credit Made Easy
A comprehensive e-learning course aimed to provide a solid foundation in the knowledge and application of Letter of Credit rules backed by real market case studies and scenarios.
Objectives
• understand what a letter of credit (LC) is and its purpose
• understand the dynamics and terminology of an LC and the role of each party involved
• describe the process of issuing of an LC
• identify and select the LC that is best suited for your shipment
• understand the rules of issuance and uses of an LC
• determine the risks involved with an LC and how to mitigate them; and
• understand the best practices while using an LC
Course Details
• Individual e-learning course
• Recap quiz to test your understanding after each section
• Duration: 5 hours • Language: English
• Final Assessment with a maximum 3 attempts. Passing mark is set at 70%
• CILT endorsed Certificate of Completion will be awarded upon completion of the entire module