International Payments: Terms & Procedures
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Course Catalog > International Trade

International Payments: Terms & Procedures  

Banking terms and procedures as used in international trade are unique. In this course, the student will learn about drafts or bills of exchange, bills of lading, insurance and commercial invoices. Methods of payment such as cash in advance, open accounts, collection and the various types of letters of credit will also be addressed. Risks, amendments and discrepancies, Uniform Customs and Practices for Documentary Credits (600), Uniform Rules for Collections (URC 522), Bankers Acceptances, Standby Letters, back-to-back Letters of Credit and special-purpose Letters of Credit are also addressed. NEI 20 CCS/CES Units

 

SP19IEM000701C $719.00
(10 Sessions) Day(s): M
1/28/2019-4/8/2019 6:15 PM-8:45 PM