Uniform Customs and Practice for DocumentaryCredit
Date: April 16 2012
Location: Palo Alto, California, USA
About This Event
Description
Companies that export and import products that use Documentary Letters of Credit to purchase and sell goods globally. The UCP is the international banking standard for issuing, advising, negotiating and paying Documentary Letters of Credit for 38,000 commercial banks worldwide. Understanding the UCP is the basis for working with and understanding how to manage the letter of credit process.
This 90-minute webinar will help exporters and importers understand the Uniform Customs and Practice for Documentary Credits, UCP 600, published by the International Chamber of Commerce, Paris, France, Publication No. 600; which is the world's standard for regulating Commercial Letters of Credit.
Learning objectives:
Attendees will learn how to understand the Uniform Customs and Practice for Documentary Credits, the UCP, and be able to properly read and understand how to use Documentary Letters of Credit for assurance of payment for international transactions.
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