Training Details
- The concept of documentary credits and letters of guarantee.
- Types of purchase contracts from abroad.
- Insurance on purchases from abroad.
the second day
- Accounting measurement methods to determine the value of purchases from abroad.
- Various means of paying for purchases.
the third day
- Objectives of documentary credit and its advantages.
- The different types of documentary credits.
the fourth day
- Uniform rules for international documentary credits according to the International Chamber of Commerce.
- Recent trends in the field of documentary credits and letters of guarantee.
- Steps for opening documentary credits.
The fifth day
- Accounting treatment for documentary credits and letters of guarantee
- Documentary credit problems and methods of dealing with them.
- Obligations and guarantees of banks in front of credit seekers.