Description
The documentary credit represents security for both the buyer and the seller provided that they master the drafting of the various documents. At the end of this documentary credit management training, you will be able to avoid the pitfalls of the new 'Crédoc' and will understand the banking mechanisms from issuance to final settlement.
Who is this training for ?
For whom ?Collaborator in the Export and Import services, Import/Export assistant, credit manager assistant, accountant, financial manager, person responsible for documentary credit management. Sales manager responsible for monitoring commercial contracts.
Prerequisites
Training objectives
Training program
- Documentary credit: interest and conditions of implementation for export and import
- - How Crédoc works: what are the mechanisms? Write the pro forma invoice and the export instruction letter.
- - Write the opening request and secure its payment to import.
- - Choose the most favorable Incoterm 00.
- - The checklist.
- 21Manage a Crédoc
- - How to analyze a Crédoc to detect risks.
- - Avoid the risks, how to amend the Crédoc? Negotiate the fees.
- - Standard costs and the different commissions: how to negotiate with the bank? Gather and ensure the conformity of documents: invoices, transport documents, certificates...
- Optimize the management of international collections Select the type of
- - Banking of documents: how to avoid reserves? how to manage them? when importing, how to secure your transaction? Adapted credit (credit red clause, back to back, revolving, transferable credit... ).
- - The new rules and customs 00 of the CCI.
- - Choose the payment method: on sight; deferred by negotiation; The specificity of the creeds on Algeria.
- 6The letter of credit
- - Stand-by Interest for the company.
- - Comparative study Stand-by/Crédoc.
- - The new rules.
