Letters of Credit
Next Available Dates:
- 28 Oct 2026
Chamber Member Price: £200
Non-Member Price: £235
This half-day course provides a clear and practical overview of Letters of Credit (LCs), a widely used method of securing payment in international trade.
Participants will learn how LCs work, the roles of the issuing, advising, and confirming banks, and the obligations of buyers and sellers. The course explains the different types of Letters of Credit, including irrevocable, confirmed, and standby LCs, as well as the importance of complying with the terms set out in the credit.
Attendees will gain an understanding of the key documents required, how discrepancies arise, and how to avoid costly delays or rejections.
With practical guidance and real-world examples, this course is ideal for professionals involved in finance, export sales, and trade operations seeking to manage risk and ensure smooth transactions.
- Introduction to Letters of Credit and their purpose
- Key parties involved and their roles
- Overview of different types of Letters of Credit
- How the LC process works step-by-step
- Key documentation requirements and checks
- Understanding UCP 600 principles
- Common discrepancies and how to avoid them
- Risks and benefits for buyers and sellers
- Practical examples and best practice guidance
- Wednesday 28th October 2026 (PM)
Our Business Development Team are happy to answer any queries you may have regarding the availability of places. For further information on any of our services and courses contact them by telephone on 024 7623 1122, email at courses@cw-chambertraining.co.uk
10% Early bird discount available for courses booked 3 months in advance.
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