Theme Trade Finance & Documentary Instruments
Status Undefined Date
Duration One-day training activity.
Partitcipant Profile Managers and senior staff responsible for financing foreign trade operations in the bank.
Main Content • What are Incoterms?
• What important matters are covered by the Incoterms 2020?
• What are the critical points under Incoterms 2020 for the transfer of risks and costs?
• How the Incoterms 2020 impact the documentary credit?
• Relationship of methods of payments with Incoterms
• What are the necessary precautions to Incoterms that must be taken in the opening of documentary credits?
Objectives To give participants a better insight on the concepts introduced by the Incoterms 2020, and their impacts on the documentary credits and other means of international payments.