Trade Finance:02 – Letter of Credit

In this module of Trade Finance series, you will be learning about concept of letter of credit, term commonly used in LCs, types of LCs, document in LCs, common defect in documents, sample LCs, swift messages in trade finance

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 2h 39m | 13 Videos | 68212 Views |   All Levels

The Complete Trade Finance Series (Module #2) – Letter of Credit:

Trade Finance denotes financing for trade activities, where the transaction of both domestic and international is concerned in trade finance. Trade Finance activities includes lending, issuing letters of credit, export credit, and various others.

Through this course you will be learning about concept of letter of credit, term commonly used in LCs, types of LCs, document in LCs, common defect in documents, sample LCs, swift messages in trade finance . Also you will be learning about OSwift Message, Swift Message (MT 742) and lastly about exchange rate maintenance.

Course Objective:

• Learn in detail about the letter of credit & its various types which is required in trade finance.
• Get to know the documents & procedures required in letter of credit.

Target Customers:

• Students
• Professionals
• Anyone who wants to enter general insurance industry

Pre-Requisites:

• Any graduate having legal, medical and management background
• Basic Computer Knowledge
• Passion to learn about Insurance concepts

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