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australian institute of export

UNDERSTANDING DOCUMENTARY CREDITS COURSE
*NEW UCP 600 RULES* Sydney NSW

www.aiex.com.au

Dear Brian,

Documentary letters of credit can provide a secure and guaranteed method of payment in an international transaction. For many traders they can also create confusion and headaches.

By attending the AIEx one day course in Understanding Documentary Credits you will learn:

how to avoid delays in receiving payment
ways to prevent costly discrepancies in documentation
how to work DC's to produce the best result for your business
incorporate the NEW EQUIP 600 Rules and understand their implications
the processes involved in creating a Documentary Credit

who should attend?

Anyone involved in international trade who requires a practical understanding of the workings of a documentary letter of credit. Whether you work in accounts and finance, export/import documentation or contract negotiation - you will find this one day workshop invaluable!! Classes numbers are kept to a minimum to ensure participants receive individual attention and support.

what will the course cover?

1. Letters of Credit (LC)
- What is a letter of credit?
- Commercial contract v Letters of Credit
- Why use an LC?

2. Letter of Credit Life Cycle
- Parties to a LC
- Raising a LC
- Golden rules!!

3. Group Work Case Study (1)

4. What can go wrong?
- Avoid costly discrepancies
- Prevent delays in payment
- What to look out for....

5. Case Study (2)

course details

Cost:	$385.00
Date:	19 July 2007
Time:	8:45am- 5pm
Location:	Sydney CBD
Dress:	Smart Casual

who to contact

To enrol in the Sydney 'Understanding Documentary Credits Course', please go to:
http://www.aiex.com.au/education/professionalDevelopment.htm or contact education@aiex.com.au / p: 1300 361 526.