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Trade Finance, Letters of Credit & Foreign Exchange
February 14, 2019 @ 8:30 am - 4:30 pm$350
This course 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 course 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.
This training is recommended for personnel involved in payments or financing.
It is recommended that every participant take the Incoterms course. If you can not attend the Incoterms course in-person, it is also available to take anytime online here.
Roy Becker, Roy Becker Seminars – Roy has over 30 years experience working in the international departments of several banks, where he assisted importers and exporters with the intricate banking needs associated with international trade. After 34 years in the corporate world, Roy made the decision to take his expertise beyond banking and provide training to others around the country who are involved in international trade.
Bryson Patterson, U.S. Small Business Administration – Bryson Patterson is an Export Finance Specialist at U.S. Small Business Administration. Bryson is responsible for assisting lenders and small businesses in several states like Colorado, New Mexico, Utah and Wyoming to access SBA Export Loan Programs.
Special Guest Instructor from Afex: Global Payment & Risk Management Solutions
This training counts for 8 hours towards the Certificate in International Trade.
WTC Denver Members
If you are interested in attending this event using one of your membership’s free training credits, please contact Karen Warsh at 303-592-5369 or firstname.lastname@example.org.