ADVANCED LETTER OF CREDIT Do you want your training sessions to result in longer-term impact? ZABEEL Advantage With three decades of experience in designing the best training experience, ZABEEL understands the nuances of training needs that are relevant and in demand in the market. This makes all the difference when you choose an experienced training provider like ZABEEL for an unparalleled training quality and learning outcomes ZABEEL is locally preferred and internationally recognized Training institute with dedicated academies focusing on Engineering, IT, Logistics, Management & Soft skills, Airline, Finance and Languages “Tell me and I forget. Teach me and I remember. Involve me and I learn,” said Benjamin Franklin.
KHDA (Knowledge & Human Development Authority). The Ministry of Education, Dubai.
Educational quality
assurance and regulatory authority of the Government of Dubai, ACTVET The Abu Dhabi Centre for Technical and Vocational Education and Training committed to establishing policies and standards that effectively regulate technical and vocational educational institutions in the emirate of Abu Dhabi. The Project Management Institute (PMI) USA; Offers many certifications that recognize knowledge and competency, including the Project Management Professional (PMP)® certification – renowned as the global gold standard. training
IMA (Institute of Management Accountants) is the
portfolio includes topics for airlines, airports, cargo
worldwide association of accountants and financial
operators, governments, ground service providers,
professionals in business. Founded in 1919, IMA is one
travel agents, young professionals and more.
of the largest and most respected associations focused
IATA/UFTA Montreal, Canada
Extensive
CIPS-UK Chartered Institute of Procurement & Supply.. Leading global excellence and offering chartered status
exclusively on advancing the management accounting profession
in procurement and supply chain.
ICAEW The Institute of Chartered Accountants in
ACCA (the Association of Chartered Certified Accoun-
England and Wales World’s leading professional mem-
Global body for professional accountants.
bership organisation that promotes, develops and
tants)
Approved Testing center CIMA ; Chartered Institute of Management Accoun-
supports over 150,000 chartered accountants worldwide
tants – World's largest professional body of management accountants offering most relevant finance qualifi-
AIBM American Institute of Business & Management
cation for business.
(AIBM) USA American Institute of Business and Management (AIBM) would certify professionals in all areas of Business & Management. American Institute of Finance and Banking (AIFB) certication verifies Proficiencies of students in the domains of Accounting, Finance. American Institute of Purchasing and Logistics Management (AIPLM)
accredates Purchasing and
Supply Chain Management qualifications.
www.zabeelinstitute.ae www.zabeelinstitute.ae
Introduction/Overview: An Advanced LC course not only improves your career and promotion prospects. For Trade Practitioners in a highly competitive global market, this course puts you head and shoulders above your peers by demonstrating your deep knowledge as a trade professional.
It enables you to demonstrate a level of expertise in documentary credits . It improves your knowledge and understanding of the complex issues associated with docu mentary credit best practice It helps you develop the skills needed to apply your knowledge in the workplace and maximize your performance It helps you to learn how to comply with regulatory requirements It fosters innovation in customer service and improves your customer relationships
Learning Outcome: This course develops core knowledge and understanding of the following areas: Documentary credits - types, characteristics and uses, including standby credits
Rules and trade terms, including ISBP 745, ISP 98, UCP 600 and Incoterms 2010® Parties to documentary credit transactions and their roles and obligations Types and methods of payment / credit used in documentary credit transactions. Types of transport,commercial and financial documents used in documentary credits
After completing this course: 1. The students will be equipped with the skill set to understand International Trade Finance with special emphasis on Letter of Credit. 2. It will enable the students to demonstrate a higher degree of knowledge and understanding of complex issues associated with Letters of Credit. 3. The mentioning of this course completion in your Resume assures your present and Prospective Employers that you have a good Knowledge of Documentary credit. And that you will be able to carry out complex documentary credit transactions in a safe and sound manner. 4. You develop a global perspective and demonstrate a high attention of detail while handling the complex issues related to Documentary credits.
www.zabeelinstitute.ae
Who needs the course? 1. 2. 3.
It would be highly valuable for Exporters, Importers and Trade Finance professionals/ Banking professionals who would like to prove themselves in the field International Trade and Finance on global scale. Very useful course for Entrepreneurs who want to enter the Lucrative field of International Trade. When a Businessman or Senior Executive of an MNC / Company is negotiating the Terms of Trade Contract with a Businessman/Distributor/customer/company in another country / continent , then having a knowledge about Universally Accepted Documentary Credit Rules like UCP 600, ISBP 745 , Inco Terms and the Associated Risks and Responsibilities , and Different clauses and interpretation of different clauses of Documentary Credits can provide an edge to the negotiating skills and Bargaining power resulting in savings of millions of dollars.
Detailed Course Content: Basic Course on International Trade Finance and Documentary Credits. 1. International Trade and Methods of Payment Open Account, Advance Payments, Documents Collection, Sight and usance, Documentary Credit 2. Sales Contract and Inco Terms. 3. About Documentary Credit, Parties involved in Documentary Credit, Mechanism of Documen tary Credit, Amendments, Advising of letter of credit and amendments. 4. Different Types of Letter of Credits. ( sight LC, Usance LC , Standby LC, Transferable LC , Revocable and irrevocable LC, Back to Back LC, Red Clause letter of credit, Green Clause letter of Credit., Revolving letter of Credit) 5. Documents required under International Trade i.e Draft. Invoice, Transport Documents, Insur ance, Certificate of Origin, etc. 6. Issuance of letter of credit including pre Issuance considerations Certificate Options: KHDA KHDA Certificate: Course completion certificate attested by KHDA(Knowledge and Human Development Authority, UAE) The Knowledge and Human Development Authority (KHDA) is responsible for the growth and quality of private education in Dubai. We support schools, universities, parents, students, educators, investors and government partners to create a high quality education sector focused on happiness and wellbeing. Title: ADVANCED LETTER OF CREDIT For application process, please contact us.
DUBAI
Burjuman Metro Station Exit -1 Above “Time to Time” Between “RAK BANK & DAY to DAY”
ABU DHABI
Al Wifaq Finance Bldg, Between DHL and AKAI Building, Airport Road,
SHARJAH
NMC (New Medical Center) Building, Buhaira Corniche, Next To Crystal Plaza