Letter of Credit | UCP 600 | Negotiation of Bills

Practical approach to UCP 600 and LC Bill Scrutiny | CDCS Exam Starter Course

Welcome to the course on Letter of Credit | UCP 600 | Negotiation of Bills

What you’ll learn

  • Process Flow of a Letter of Credit and its various types.
  • Practical Approach to UCP 600.
  • How to scrutinize LC bills for Negotiation/ Purchase/ Discounting.
  • Stepping stone to CDCS Exam Preparation.

Course Content

  • Letter of Credit –> 4 lectures • 18min.
  • Types of Letters of Credit –> 6 lectures • 13min.
  • Samples of Real life documents under LC: Know the important fields –> 3 lectures • 7min.
  • UCP 600 –> 2 lectures • 15min.
  • Scrutiny of LC Bills/ Common Discrepancies/ Bill Discounting or Negotiation –> 2 lectures • 9min.

Letter of Credit | UCP 600 | Negotiation of Bills

Requirements

  • No prerequisites.

Welcome to the course on Letter of Credit | UCP 600 | Negotiation of Bills

This is a compact course that lucidly explains the entire process flow of a Letter of Credit, its various types. It discusses the practical aspects of UCP 600 and how to easily remember and implement the Articles of UCPDC 600.

This course also explains how to scrutiny LC bills for negotiation/ purchase/ discounting. It teaches you the approach to check documents against the LC and teaches the most common discrepancies found in the various documents submitted under an LC like Bill of Exchange, Commercial Invoice, Transport documents, Insurance, etc.

This course is a starter guide to the CDCS exam, you can invest just one hour in this course before you spend huge time and money on detailed courses.