+ View more
Learn how to manage LC for international trade and obtain different types of loans (i.e. trade finances) for import-export business.
Day 1: Foundations of International Trade Payment
The first day begins with an overview of international trade payment modes, key UCP 600 definitions, and the legal framework. Participants will explore various types of Letters of Credit (LC) like revocable, irrevocable, sight, usance, and more. The day also covers essential shipping documents including contracts, invoices, certificates, and bills of lading, plus IRC and ERC issuance procedures.
Day 2: Applying and Processing Letters of Credit
The second of the course focuses on the LC application process, SWIFT codes, required documents, and LC procedures in graphics. It includes a detailed import procedure, the role of bonded warehouses, and importing under UP/UD regulations.
Day 3: Export Procedures and Incoterms
The third day focuses on explaining the eligibility and application process for cash subsidies available to exporters. A step-by-step guide to the detailed export procedure will be provided, along with an overview of the Export Development Fund (EDF) and its benefits. A detailed explanation of all 11 Incoterms 2020 (e.g., FOB, CIF, CFR & Others) will also provided. It also discusses the back-to-back LC mechanism.
Day 4: Banking and Regulatory Charges
The fourth day explains various banking and regulatory charges, including LC opening, amendment, and Swift charges. This includes a breakdown and explanation of LC opening charges, amendment charges, Swift charges, acceptance commissions, and advising, confirmation, and negotiation charges. Participants will also learn about the landing cost and various customs fees such as CD, RD, SD, VAT, AIT, AT and relevant UCP 600 articles.
Day 5: Advanced Trade Finance Concepts and Case Studies
The fifth and final day focuses on reviewing ISBP 745 rules, includes a mini case study, and covers topics like customs audits, shipping lines, and freight forwarders. Discusses trade finance mechanisms, import and export financing options, and scrutiny of documents. The session will also cover cash incentives, scrutiny of documents, discrepancies, and types of bills of lading such as charter party BL and master BL. The day concludes with an overview of trade finance mechanisms including import financing options like Payment Against Documents (PAD), Loans against Trust Receipt (LTR), and Buyer’s Credit (UPAS), as well as export financing tools like back-to-back LC, EDF, packing credit, and advance against export bills.
What will i learn?
- Understand different payment methods used in international trade.
- Learn and apply key definitions and terms from UCP 600.
- Grasp the legal framework governing international trade finance.
- Identify and differentiate between various types of Letters of Credit (LC) including Revocable, Irrevocable, At-Sight, Deferred, UPAS etc.
- Manage and utilize critical shipping documents such as bills of lading, airway bill, invoices, and certificates.
- Navigate the LC application process, including the use of SWIFT codes and required documentation.
- Learn detailed import procedures, including bonded warehouse operations and UP/UD regulations.
- Master the step-by-step export procedures and apply Incoterms 2020.
- Understand and manage various banking charges related to LCs and trade finance instruments.
- Learn about different finance options for import and export businesses such as PAD, LATR, UPAS, and EDF.
- Utilize advanced trade finance concepts, including customs audits and freight forwarding.
- Apply knowledge through practical case studies to enhance problem-solving skills in real-world scenarios.
Requirements
- Basic international business knowledge.
- Basic accounting knowledge.
- Basic computer knowledge.
- Willingness to learn and attend classes online.
Module 1: Definitions,
International Payment Modes, LC Types and Legal Frameworks
- Definitions in UCP-600 (Honour, Negotiation,
Reimbursing Bank, Nominated Bank, Presenter, Partial Shipment, Transshipment, HS
Code)
- Legal Framework
- Types of LC (Revocable, Irrevocable, Site, Usance, Unconfirmed, Confirmed, Transferable, Revolving, Standby, Back to Back, UPAS)
Module 2: Shipping Documents
- Sales Contract
- PI and CI
- Packing List
- PSI
- Health Certificate
- Phytosanitary Certificate
- Fumigation Certificate(Paste
Control)
- Certificate of Analysis, BL and
House BL
- Air Way Bill (AWB_
- Shipping Guarantee
- Bill of exchange
- TR
- C/O
- Promissory Note
- IRC
- ERC
- FCL and LCL
- CBM
- Multimodal Through BL
- Clean and Claused BL
-
IRC and ERC Issuance
Module 3: LC Application Process
- LC Application Form
- SWIFT code and Message Type
- Documents Required for LC
Applicant
- LC Procedure in Graphics
- Detail Import Procedure
- Bonded Warehouse
- Import Under UP/UD
Module 4: Incoterms, Cash Subsidy
and Export Procedures
- Cash Subsidy
- Detail Export Procedure
- EDF
- All 11 Incoterms 2020
- FOB, CPT, CIP, CFR, CIF etc.
- Back-to-Back LC Process
Module 5: Bank Charges, Landing
Cost Calculation and Other Customs Related Fees
- All Bank Charges
- LC Opening Charges
- Amendment Charges
- Swift Charges
- Acceptance Commission
- Advising, Confirmation and
Negotiation Charges
- Landing Cost Calculation (CD, RD,
SD, VAT, AIT, and AT)
- Other Customs Fees
- General Regulations
-
UCP 600 Selected Articles
Module 6:Customs Audit, Freight
Forwards, Bill of Lading and Other Issues
- ISBP 745 Selected Rules
- Customs Audit
- SRCC
- Containers
- Bond
- Buyer Searching
- Shipping Lines
- Freight Forwarder
- ERQ
- Rate Sheet
- Cash Incentive
- Scrutiny of documents
- Discrepancy
- SBLC
- Charter Party BL
- Master BLMini Case Study with Solution
Module 7: Import Finance Process and Management
- Payment Against Documents (PAD)
- Loans against Trust Receipt (LTR)
- PAD-EDF
- Buyer’s Credit (UPAS)
- Loan General/Time Loan
- Term Loan
Module 8: Export Finance Process and Management
- Loan Against Back-to-Back LC
- Export Development Fund (EDF)
- Packing Credit
- Export Bills Purchased
- Export Bills Discounted
- Advance against Export Bills on Collection Basis
Module 9: LC Journals
- Journals for Import through LC
- Journals for Export through LC along with Back-to-Back LC
Anowar Parves FCCA
FCCA | MBM | LC Expert | Banker | Trainer | Professional Accountant | Business Consultant
Banking Treasury LC Management Trade Finance Foreign Exchange Regulations Import Loan Export Loan Credit Analysis
Experienced business graduate with a demonstrated history of working in the banking industry. A certified proadvisor in Quickbooks online. Skilled in Credit Risk, Banking, Credit A...
+ View more
More courses by Anowar Parves FCCA
- কোর্সটি করে আপনি ভেরিফাইড সার্টিফিকেট পারবেন যা আপনিঃ
- আপনার সিভিতে যোগ করতে পারবেন।
- লিংকডইন প্রোফাইলে এড করতে পারবেন।
- বিডিজবস এর প্রোফাইলে এটাচ করতে পারবেন।
এই কোর্সটি এমনভাবে সাজানো হয়েছে যে, আপনার এলসি প্রসেস এবং ব্যাংক লোন সম্পর্কিত কোন পূর্ব অভিজ্ঞটা না থাকলেও এই কোর্সটি করে আপনি এই সংক্রান্ত গুরুত্বপূর্ণ কাজগুলো শিখতে পারবেন। কোর্সটিতে একদম বেসিক থেকে শুরু করে এডভান্স লেভেল পর্যন্ত কাভার করা হবে।
কোর্সটিতে মোট ৫ টি ক্লাস থাকবে। প্রতিটি ক্লাস ২ ঘন্টার হবে এবং কোর্সটি মোট ১০ ঘন্টার।
জ্বী, প্রতিটি ক্লাস শেষে রেকর্ডেড ভিডিও ওয়েবসাইটে আপলোড করে দেয়া হবে। একটি লাইভ ক্লাস শেষ হওয়ার সর্বোচ্চ ১-৩ দিনের মধ্যে ওয়েবসাইটে ভিডিও আপলোড করে দেয়া হবে। আপনি ওয়েবসাইটে লগইন করে রেকর্ডেড ভিডিওগুলো দেখে নিতে পারবেন আপনার সুবিধামত সময়ে।
কোর্স ফি ইতিমধ্যে ৫০% ডিস্কাউন্টের পর ২,০০০ টাকা করে দেয়া হয়েছে। তাই, নতুন করে এই কোর্সটির উপর আর কোন ডিস্কাউন্ট নেই।
দুঃখিত, এই কোর্সের ফি ইন্সটলমেন্টে দেয়া সুযোগ নেই।
জ্বী, কোর্স শেষে ভেরিফাইড সার্টিফিকেট দেয়া হবে যা ওয়েবসাইট থেকে ডাউনলোড করে নিতে পারেন। সার্টিফিকেটে QR কোড থাকবে, যা স্ক্যান করে যে কেউ সার্টিফিকেটের ভ্যালিডিটি যাচাই করে নিতে পারবে।
জ্বী, অবশ্যই। যেহেতু আমাদের অ্যানালিস্ট স্কিল কর্পোরেট সেক্টরে একটি সুপরিচিত নাম এবং আমাদের ট্রেইনাররা ইন্ডাস্ট্রি এক্সপার্ট ট্রেইনার, আমাদের কোর্সের সার্টিফিকেটের মাধ্যমে আপনি আপনার স্কিলগুলো বিভিন্ন কোম্পানিতে প্রদর্শন করতে পারবেন। চাইলে লিংকডইনেও এটাচ করতে পারবেন কোর্স সার্টিফিকেটগুলো।
+ View more
Other related courses
How to make payment?
Student feedback
Course Reviews & Ratings(0.00 Out of 5.00)
Community
To stay connect with us and get regular updates, follow our official Facebook page and join our groups:
Office YouTube Channel: Analyst Skill
Click To Join Our YouTube ChannelOfficial Facebook Group: Career for Business Professionals
Click To Join Our Facebook GroupOfficial Facebook Page: Analyst Skill
Click To Join Our Facebook PageOfficial LinkedIn Page: Analyst Skill
Click To Join Our LinkedIn Page
৳ 4000
৳ 2000
50% OFF
You will get:
10 hours long course
Verified Course Certificate
Access to Recorded Videos.
Practice with Real Life Examples.
Download Lecture Files.
Expiry period
24 Months
Still Have Any Confusion
Write a public review