Why join this course?
The course will help a decision maker with the entire process flow of a Letter of Credit, its various types. It discusses the practical aspects of UCP 600 and how to easily remember and implement the Articles of UCPDC 600. The program also emphasizes on all the provisions under the Foreign Exchange Management Act (FEMA) including sections of the Act, all the relevant notifications, circulars, regulations, and rules. .
The content provides a collaborative mapping of how MSMEs of all sizes can use the legitimate methods involved in UCP 600 and FEMA for their business growth in international markets.
- Process Flow of a Letter of Credit and its various types
- Terminologies related to Letter of Credit
- Practical Approach to UCP 600
- Parties/ Banks involved in LC and their Roles
- Scrutiny of Documents – What to look out for and the Most Common Discrepancies
- The framework of FEMA
- FDI Policy, financial instruments, Manner of investment, types, and modes... and much more
There are no specific prerequisites for this course, however, students need to be able to understand English.
Meet your trainer
K SubramanianFounder & CEO at NumeroUno Business Consultants
Most of his experience/expertise has been in the areas of International Business, Trade Finance, Credit, Foreign Exchange, Collections & non-functional Soft skills. He has been involved in various aspects of Banking Viz. Retail Liabilities, Retail Assets, Branch Operations, Relationship Management, Trade Finance Sales, Trade Product Development, Trade Operations, Credit, Foreign Exchange, Collections & Recovery, etc.
At NumeroUno, he presently undertakes Basic and Advanced training programs on various areas of Banking for Banks, Industry Associations/ Export Promotion Councils, SME companies etc. His set of Clients range from Corporates to Banks, Colleges to Training Academies - across India, Dubai, Oman and Bahrain. In the last 10 years, he has trained more than 10,000 participants across various countries, spread over more than 500 sessions.
by our learners
Very good faculty, Lots of practical inputs, New schemes that I had not heard of
Professors are experienced from relevant industries, willing to resolve all queries and able to share information in easy way
DelVal Flow Controls Pvt. Ltd.
Course covered almost all issues related to Foreign Trade, Very Good Teachers, Practical Examples.
Manit Nitin Dharia
Dharia Switchgear & Controls Private Limited
Since we deal with foreign transactions we got more information to do the business in better way
Valco Melton Engineering India Pvt Ltd