In an increasingly volatile and competitive global market, negotiating and managing International Payments is vital for efficiency, liquidity and profitability. It is important therefore to understand the nature and legal issues relating to ICC Uniform Rules for Collection (URC 522 and ICC Uniform Customs & Practice for Documentary Credits (UCP600) / Letters of Credit.
This Coventry Academy training course provides a detailed analysis of the procedures/systems; the legal protection and obligations and an evaluation of these important international payment systems to enable delegates to manage the risks facing both importers and exporters effectively and efficiently.
This Coventry Academy course is designed to enable participants to negotiate and manage appropriate methods of payment, reduce risk and manage liquidity whilst remaining competitive in a volatile global market. It will cover key principles, concepts as well as best practice and market developments through interactive analysis and evaluation of case studies designed to increase the participant practical skills.
This Coventry Academy training course will feature:
By the end of this Coventry Academy training course, participants will be able to:
This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:
This Coventry Academy training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes the evaluation of case studies from the real world relevant to the delegates industry, videos, discussions and simulations. This will ensure that delegates leave with knowledge and transferable skills to benefit their workplace and personal career goals.