Course Overview
The Letters of Credit course has been developed to support businesses involved in international trade with third countries outside the EU. A letter of credit is an essential document from a bank that guarantees payment. Understanding the key elements and types of letters of credit and the key responsibilities of the parties involved is vital to ensure payment is received for traded goods.
The Letters of Credit Training supports any business that works with Letter of Credit payment terms, whether they are the opener (buyer) or the recipient (seller).
For more information please contact our Training Department: 01 661 2182 | [email protected]
Course Details
Learn the key elements, types and processes of Letters of Credit for businesses trading internationally.
Member Rate From:
€549.00
Non Member Rate From:
€749.00
Duration:
Half – Day | 9:30 am – 12:30 pm
Delivery
Online (via LearnRight)
Dates
May Dates: 5th May
September Dates: 29th September 2026
What You’ll Learn
- Definition types and examples of Letters of Credit
- Understanding the parties involved and at what stage they get involved in the Process
- The Letter of Credit Process
- How to open a workable Letter of Credit to expedite payment
- Introduction to UCP 600 & eUCP 2.0
- How Incoterms impact document presentation to Bank
- Bills of Exchange (drafts) and how to issue one.
- How to Action a Letter of Credit on Receipt
Who Should Attend
- Export and import managers involved in trade with third countries outside the EU
- Finance and treasury staff handling trade payments
- Sales and procurement teams working with LC payment terms
- Freight forwarders and customs agents
- Anyone acting as either the opener (buyer) or recipient (seller) of a letter of credit
Certification
Upon successful completion, participants receive a certificate.
Apply for Letters of Credit
Book your place today and gain the knowledge to manage Letters of Credit confidently and ensure payment for your traded goods.