Why join this course?
The course will highlight underlying operations and processes in the international trade environment with respect to payments such as LC (that is governed by UCPDC600), DP, DA etc. The course will also emphasize on the documentations that are needed for a seamless transaction for each engagement between a buyer and a seller.
The course will also offer a detailed expose of the documentary credit process and will discuss the trade payment mechanisms, underlying day to day problems, and risk involved. Learning outcomes:
- Understand how secure is the Letter of Credit Payment Method
- Learn about the potential traps that could emerge in LC Payments
- Get to know about techniques for for avoiding/minimizing losses
- A briefing of Nostro & Vostro account and its applications
There are no specific prerequisites for this course, however, students need to be able to understand English.
Meet your trainer
Rajendra Kumar MaruExport-Import Consultant and Trainer
Mr Rajendra Kumar maru is M Sc (Phy) and PGDM from IIM, Calcutta (now Kolkata) with 40 years' experience in handling exports. Visited more than 35 countries multiple times including USA, Canada, UK, France, Iran, Saudi Arabia, Y.A.R., Egypt, Turkey, China, Taiwan, Vietnam Indonesia etc. Participated in various Overseas Trade Fairs.
In 2005, he established his own Foreign Trade Management And Training Centre (FMTC) which has been successfully providing end to end consultancy and Export Import Training. FMTC has also helped exporters to find buyers in overseas markets. It is the best institute in Indore imparting Export Import Training at the lowest and affordable fee.
by our learners
Course covered almost all issues related to Foreign Trade, Very Good Teachers, Practical Examples.
Manit Nitin Dharia
Dharia Switchgear & Controls Private Limited
The faculty also enlightened us on many areas which are not mentioned in the books but are practically faced.
VSK Advisors LLP
Explanation by the professors was good, timings of the programe, very good interactive sessions ( Clearing all the Doubts raised by the participants)
T E Vishnu
Associate Engineering Services
Professors are experienced from relevant industries, willing to resolve all queries and able to share information in easy way
DelVal Flow Controls Pvt. Ltd.