Membership with Montana World Trade Center means access to best-in-class training and discounts from our global World Trade Center® network. This online training course is offered through our partner, WTC Denver.

Training Description
This training covers how importers and exporters identify financial risks and use the appropriate method of payment including: letters of credit, cash in advance, documentary collection, and open account. Various economic risks such as exchange rate fluctuations are also discussed. This seminar introduces you to the basics of Letters of Credit; and review the purpose and function of the UCP 600 rules. In addition, discover six tips for reducing the costs of L/Cs and understand which payment terms work best with each Incoterm.

Recommended For
Personnel involved in payments or financing.

Prior Knowledge
It is recommended that every participant take the Incoterms course.

Instructors
Roy Becker, Roy Becker Seminars - Roy has over 30 years experience working in the international departments of several banks, where he assisted importers and exporters with the intricate banking needs associated with international trade. After 34 years in the corporate world, Roy made the decision to take his expertise beyond banking and provide training to others around the country who are involved in international trade.
TBD, U.S. Small Business Administration
Chris Barlow, AFEX

Training Hours
This training counts for 8 hours towards the Certificate in International Trade.

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