In an increasingly volatile and competitive global market, negotiating and managing international payments are crucial for maintaining efficiency, liquidity, and profitability. It is essential to understand the nature and legal aspects of the ICC Uniform Rules for Collection (URC 522) and the ICC Uniform Customs and Practice for Documentary Credits (UCP600) / Letters of Credit.
This Coventry Academy training course offers a comprehensive analysis of these critical international payment systems, covering procedures, legal protections, and obligations. The course is designed to equip delegates with the knowledge and skills needed to effectively manage risks for both importers and exporters.
The training will enable participants to negotiate and manage appropriate payment methods, reduce risk, and manage liquidity while remaining competitive in a volatile global market. It covers key principles, concepts, and best practices, and includes interactive analysis and evaluation of case studies to enhance 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.