This training covers how importers and exporters identify financial risks and use the appropriate method of payment including: letters of credit, cash in advance, documentary collection, and open account. Various economic risks such as exchange rate fluctuations are also discussed. This seminar introduces you to the basics of Letters of Credit; and review the purpose and function of the UCP 600 rules. In addition, discover six tips for reducing the costs of L/Cs and understand which payment terms work best with each Incoterm.Find out more »
Business people who need to make sense of the international economy often find it confusing and chaotic – until they learn to recognize how underlying structures of power, law, and finance can influence any country’s economic performance.
The training uses systems thinking to gain a deeper understanding of the interlocking relationship between each country’s legal system, financial system, and competitive economic structure. Global business people and investors will gain greater insight and clarity as we discuss the economic and business implications of Common Law vs. Civil Law systems, Bank Oriented vs. Financial Market systems, and Competitive vs. Concentrated economies.Find out more »