Basics of Letter of Credit & Receiving International Payment

December 22, 2021 35 0

Basics of Letter of Credit & Receiving International Payment, A beginner’s guide on – How does an LC works? What is UCP?, Types of LCs, Blockchain-Based LC, Role of Banks, Costs of L.

‘Introduction to Documentary Letter of Credit’ is a VJ Exports Mastery Series Course for beginners. Something you are looking to understand is the safest method of receiving international payments through a documentary international letter of credit. If you want to make sure that you do not make mistakes in accepting overseas LCs. If you want to know the basic concept of documentary overseas credit and when to use these instruments. Friends, then this is the perfect course for you. And, this VJ Exports Mastery Series Course provides a complete basic understanding of this most popular international trade financing instrument i.e overseas letter of credit, focusing on the basic cycle of Documentary overseas Letter of Credit.

This introduction to documentary letter of credit learning course is a step-by-step basic guide to make you learn how to understand the documentary letters of credit which are issued by banks from around the world. Friends, a career in the documentary letter of credit handling is a high-paying job whether you are working for global companies, international banks, or export houses. Needless to say, half knowledge is recipe for disaster sooner or later. Therefore, do not leave any stone unturned in your complete basic understanding of LCs, UCP, Blockchain-Based LCs, and related basic concepts.

WHAT IS COVERED IN THIS DOCUMENTARY LETTER OF CREDIT COURSE?

This course on Overseas letter of credit covers topics like

Role of international banks in international trade payments through a letter of credit.
Typical exports and documentary credit cycle.
Types of International Letter of credit
Role of UCP
The emerging role of revolutionary Blockchain-based L/Cs

What can you expect the outcome of learning this course?

After completing this course on the documentary letter of credit, you will have basic practical knowledge about Documentary Overseas Letter of Credit, its brief background, nature, and types. Subsequently, you will be able to work with international companies in their commercial department getting good salaries. Alternatively, you can also start your exports or imports business by receiving or sending international payments for goods/services sold or bought. And friends, this course is the only one of its kind on UDEMY. Because, this course is based on the years of experience and research work carried out by Dr. Vijesh Jain, the author, and instructor of this course.

Course-related keywords

Advanced Credit
Commercial Credit Analysis
Bank Credit
Certified documentary credit specialists
Credit approval
Export Credit
Import documentary credit
International Trade Finance
Blockchain for banks
Corporate credit anaalysis
Import bills under LC
Leverage credit
documentary credit risk
credit risk
banking credit analysis
import-export business
LC in shipping
CDCS
Credit risk analysis
Build business credit
Credit risk assessement
Business credit
credit agreement
payment bank
LC types
letter of credit meaning
credit letter meaning
LC meaning
what is a letter of credit
letter of credit examples
bank guarantee

About the instructor

Dr. Vijesh Jain, the instructor of this course on the documentary letter of credit, is a seasoned professional in all the areas related to global business, exports, imports, international logistics, and supply chain. He has served with many international organizations working in several countries and dealt with more than 28 countries for exports operations. He is an IIFT, BITS, BIMTECH, and Harvard University Alumnus. I addition, he has a Ph.D. in international business from the University of Mysore. An award-winning professor and exports professional, he has been actively working to share his knowledge of more than 30 years in international business management. For this, he regularly creates the VJ Exports Mastery Series of Courses on UDEMY.

Redeem Coupon