Transportation of goods from exporter to importer involves many third-party companies such as shipping agents, bankers and insurance companies, just to name a few. As such, it is important to learn how to protect your company’s interest against cases of fraud, and be aware of the risks that your company may be exposed to.
• Risks & Legal Issues in Letter of Credit (L/C)
• Fraud & Recent Developments
• Special Types of L/C
- How They Work;
- Types of Special L/C;
- Their Technical Variations.
• Back-to-Back L/C and Transferable L/C
• How to Match Terms & Terms with an Export L/C
• Assessing Risks under Standby L/C
• Recent Cases from the ICC – Methods for Settling Disputes on Documentary Credits
• Queries and Responses from ICC with regards to UCP 600
• Recent L/C Court Cases
