Course : Operational management of documentary credits
Practical course - 2d
- 14h00 - Ref. CDI
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 | Understanding how documentary credits work (L/C) |
| Identify the documents required by Incoterms and type of contract |
| Analyze the critical points of a letter of credit |
| Managing interactions with the banks involved |
| Optimize documentary practices to secure international payments |
Intended audience
Export managers, lawyers, accountants, sales managers, international traders
Prerequisites
No
Practical details
Hands-on work
Analyser des cas réels
Manipuler des documents types (ex. SWIFT MT700)
Acquérir des apports théoriques via des exemples concrets
Teaching methods
active
Course schedule
1 Exploring the documentary credit context
- Defining the role of banks in international transactions
- Identify customer, environmental and political risks
- Understand applicable customs and tax aspects
- Situating Incoterms in the international logistics chain
Hands-on work
Work on and decipher a document. Simulate scenarios: delays, errors, disputes.
2 Analyze documentary credits methodically
- Analyze the structure and objectives of a credoc
- Examine the role and interactions between the banks involved
- Check that the credoc complies with the commercial contract
- Check the consistency of goods and customs designations
Hands-on work
Country case studies: Egypt, Benin, etc.
3 Securing document compliance
- Identify the documents required according to the chosen Incoterm
- Check documentary compliance with UCP 600 rules
- Detecting the pitfalls: dates, amounts, high-risk clauses
Case study
Deciphering a typical credoc (MT700) in a real-life situation.
4 Explore alternatives to documentary credits
- Compare options: transferable credit, back-to-back
- Discover how SBLC (Stand-by Letter of Credit) works and how it is used
- Evaluate other tools: forfaiting, document delivery
- Identify complementarities with international guarantees
Hands-on work
Analyze real-life cases.
PARTICIPANTS
Export managers, lawyers, accountants, sales managers, international traders
PREREQUISITES
No
TRAINER QUALIFICATIONS
The experts leading the training are specialists in the covered subjects. They have been approved by our instructional teams for both their professional knowledge and their teaching ability, for each course they teach. They have at least five to ten years of experience in their field and hold (or have held) decision-making positions in companies.
ASSESSMENT TERMS
The trainer evaluates each participant’s academic progress throughout the training using multiple choice, scenarios, hands-on work and more.
Participants also complete a placement test before and after the course to measure the skills they’ve developed.
TERMS AND DEADLINES
Registration must be completed 24 hours before the start of the training.
ACCESSIBILITY FOR PEOPLE WITH DISABILITIES
Do you need special accessibility accommodations? Contact Mrs. Fosse, Disability Manager, at psh-accueil@orsys.fr to review your request and its feasibility.
Export managers, lawyers, accountants, sales managers, international traders
PREREQUISITES
No
TRAINER QUALIFICATIONS
The experts leading the training are specialists in the covered subjects. They have been approved by our instructional teams for both their professional knowledge and their teaching ability, for each course they teach. They have at least five to ten years of experience in their field and hold (or have held) decision-making positions in companies.
ASSESSMENT TERMS
The trainer evaluates each participant’s academic progress throughout the training using multiple choice, scenarios, hands-on work and more.
Participants also complete a placement test before and after the course to measure the skills they’ve developed.
TEACHING AIDS AND TECHNICAL RESOURCES
• The main teaching aids and instructional methods used in the training are audiovisual aids, documentation and course material, hands-on application exercises and corrected exercises for practical training courses, case studies and coverage of real cases for training seminars.
• At the end of each course or seminar, ORSYS provides participants with a course evaluation questionnaire that is analysed by our instructional teams.
• A check-in sheet for each half-day of attendance is provided at the end of the training, along with a course completion certificate if the trainee attended the entire session.
• The main teaching aids and instructional methods used in the training are audiovisual aids, documentation and course material, hands-on application exercises and corrected exercises for practical training courses, case studies and coverage of real cases for training seminars.
• At the end of each course or seminar, ORSYS provides participants with a course evaluation questionnaire that is analysed by our instructional teams.
• A check-in sheet for each half-day of attendance is provided at the end of the training, along with a course completion certificate if the trainee attended the entire session.
TERMS AND DEADLINES
Registration must be completed 24 hours before the start of the training.
ACCESSIBILITY FOR PEOPLE WITH DISABILITIES
Do you need special accessibility accommodations? Contact Mrs. Fosse, Disability Manager, at psh-accueil@orsys.fr to review your request and its feasibility.
Dates and locations
Select your location or opt for the remote class then choose your date.
Remote class
Dernières places
Date garantie en présentiel ou à distance
Session garantie