letters of credit training academy india

Understanding and Using Letters of Credit part1

Understanding and Using Letters of Credit part1

... past decade. Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. The credit professional should ... familiar with two types of letters of credit: commercial and standby. Commercial letters of credit are used primarily to facilitate foreign trade. The commercial letter of credit is the primary ... under the terms of a contract. Upon receipt of the letter of credit, the credit professional should review all items carefully to insure that Understanding and Using Letters of Credit, Part...

Ngày tải lên: 05/11/2012, 16:27

6 652 1
Tài liệu An Introduction to Letters of Credit pptx

Tài liệu An Introduction to Letters of Credit pptx

... Currency Letters of Credit 24 Chapter 5 Letters of Credit – Special Types 29 Revolving Letters of Credit 30 Installment Letters of Credit 30 Advance Payment Letters of Credit 30 Red Clause Letters of ... Letters of Credit 31 Transferable and Back-to-Back Letters of Credit 31 Transferable Letters of Credit 31 Back-to-Back Letters of Credit 34 Assignment of Proceeds 35 Simplified Letters of Credit ... 16 Chapter 3 Letters of Credit – Avoiding Problems 19 Problem Resolution 20 Documentary Requirements 20 Chapter 4 Letters of Credit – In Action 23 Export Letters of Credit 24 Import Letters of Credit...

Ngày tải lên: 16/01/2014, 11:37

152 486 2
Tài liệu Understanding and Using Letters of Credit Part 1 pptx

Tài liệu Understanding and Using Letters of Credit Part 1 pptx

... the past decade. Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. The credit professional should ... them at maturity. Standby Letter of Credit The standby letter of credit serves a different function than the commercial letter of credit. The commercial letter of credit is the primary payment ... trade. The credit professional should be familiar with two types of letters of credit: commercial and standby. Commercial letters of credit are used primarily to facilitate foreign trade. The from...

Ngày tải lên: 16/01/2014, 18:20

9 511 0
Tài liệu Understanding and Using Letters of Credit Part 2 doc

Tài liệu Understanding and Using Letters of Credit Part 2 doc

... * General background information; * Types of letters of credit; * Common problems with letters of credit; * Procedures for establishing letters of credit; * Amendments; and * General tips ... state the actual amount of the letter of credit. One can request a Amendment of a Letter of Credit For the seller to change the terms noted on an irrevocable letter of credit, it must request ... standing of the buyer's issuing bank if the letter of credit is unconfirmed. 4. For confirmed letters of credit, the seller's advising bank should be willing to confirm the letter of credit...

Ngày tải lên: 16/01/2014, 18:20

10 528 2
An Introduction to Letters of Credit phần 1 ppsx

An Introduction to Letters of Credit phần 1 ppsx

... Currency Letters of Credit 24 Chapter 5 Letters of Credit – Special Types 29 Revolving Letters of Credit 30 Installment Letters of Credit 30 Advance Payment Letters of Credit 30 Red Clause Letters of ... Letters of Credit 31 Transferable and Back-to-Back Letters of Credit 31 Transferable Letters of Credit 31 Back-to-Back Letters of Credit 34 Assignment of Proceeds 35 Simplified Letters of Credit ... 16 Chapter 3 Letters of Credit – Avoiding Problems 19 Problem Resolution 20 Documentary Requirements 20 Chapter 4 Letters of Credit – In Action 23 Export Letters of Credit 24 Import Letters of Credit...

Ngày tải lên: 10/08/2014, 07:21

16 397 0
An Introduction to Letters of Credit phần 3 pps

An Introduction to Letters of Credit phần 3 pps

... Letter of Credit Authorized Signature LETTERS OF CREDIT Special Types Most Commercial Letters of Credit are issued to meet the needs of typical shipment transac- tions in which the Letter of Credit ... of the second Letter of Credit, utilizing the first as a source of payment to the issuer of the second Letter of Credit. The two Letters of Credit used to facilitate the purchase and resale of ... identity of one party from another, a Transferable Letter of Credit or a Back- to-Back Letter of Credit may permit the transaction to go forward. Transferable Letters of Credit – When a Letter of Credit issued...

Ngày tải lên: 10/08/2014, 07:21

15 347 0
The Student''''s Guide to Transfer of credit - Distance Education and Training Council doc

The Student''''s Guide to Transfer of credit - Distance Education and Training Council doc

... teams of faculty members evaluate courses offered by accredited institutions and assign college credit recommendations. The results are published in The National Guide to Educational Credit for Training Programs ... and/ or universities are accredited by a regional accrediting agency, depending on the location of institution. The Accrediting Commission of the DETC and the six regional accrediting agencies are ... www.acenet.edu/calec/publications. cfm.) • U.S. Department of Education’s List of Recognized Accrediting Agencies, a listing of those accrediting agencies recognized by the U.S. Department of Education. (Visit www.ifap.ed.gov/csb_html/agency.htm) •...

Ngày tải lên: 29/03/2014, 03:21

15 394 0
International payment service by opening Letter of Credit at Vietnam Eximbank Hanoi Branch.doc

International payment service by opening Letter of Credit at Vietnam Eximbank Hanoi Branch.doc

... Definition of Letter of Credit 1 1.2. Role of Banks in Documentary Letters of Credit 3 1.3. The Documentary Credit Cycle 3 2. Import LC 5 3. Export LC 7 II. HISTORY AND DEVELOPMENT OF EXIMBANK ... Letter of Credit. Letter of Credit is abbreviated as an LC or L/C and often is referred to as a Documentary credit, abbreviated as DC or D/C, documentary letter of credit, or simply as Credit. ... Letter of credit. 1.1 Definition of Letter of credit According to Wikipedia, the free encyclopedia http://en.wikipedia.org/: “the English name “letter of credit derives from the French word “accreditation”...

Ngày tải lên: 27/10/2012, 16:44

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Making the Paper Cut - Resumes, Cover Letters, Applications, and Letters of Reference

Making the Paper Cut - Resumes, Cover Letters, Applications, and Letters of Reference

... with your other letters of recommendation. There are two kinds of reference letters: professional and personal. The following sections discuss each type. Professional Reference Letters Early in ... importance of cover letters (also known as letters of in- tent”), but if you take the time to include one with your application, the extra touch of professionalism will increase your chances of making ... Letters Early in your career, professional letters of recommendation usually are written by people who have direct knowledge of your student-teaching ability. These include college professors, college supervisors,...

Ngày tải lên: 25/10/2013, 16:20

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