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Understanding Letters of Credit

understanding-letters-of-credit
Webinar: ID# 1012856
Recorded CD or On-Demand
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About This Course:
This webinar explains letters of credit, including the parties involved and their liabilities.

It also covers the rules regarding letters of credit that were implemented by the Uniform Customs and Practices for Documentary Credits (the "UCP 600").What You'll Learn:
  • Overview of parties involved in a letter of credit transaction
  • Responsibilities and liabilities associated with letters of credit
  • Comparison of commercial letters of credit verses standby letters of credit
  • Review the UCP 600 and compare it to the old UCP 500
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Understanding Letters of Credit
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