Incoterms & Payments Terms
Review
Level Intermediate
Certificate Incoterms & Payments Terms
Abbreviation
Course Description
This workshop aims to equip you with the fundamental understanding and expertise to effectively operate in the external purchasing, logistics, and accounting departments across all import and export businesses. It signifies your ability to communicate and comprehend the global language of international trade across borders, connecting you to a diverse community of professionals, organizations and experts worldwide.
Course Objectives
- Familiarize participants with the key concepts in INCOTERMS & Payments Terms.
- Enable participants to negotiate the delivery & payment terms with high efficiency.
Target Attendence
- External purchasing & sales, accounting, and logistic departments staff at all commercial companies
- NGO Organizations, banks, insurance and communication companies’ employees with an interest in int’l commercial documents
- Interested seekers in finding a unique job opportunity in the field of foreign purchasing & foreign sales, accounting and logistics
- Institutes and college students who are interested in foreign trade
- Young entrepreneurs interested in establishing self-employment linked to international trade
Basic Concepts of Trade Across Borders & Int’l Shipping
EXW EX Works
FCA - Free Carrier
FOB - Free on Board
CFR & CIF - Cost, Insurance, and Freight
CPT & CIP Carriage Paid to the Named Place
DAP, DDU and DDP Delivered Paid to the Named Place
Credit Facilities
L/C Letter of Credit & COD Cash Against Documents
Practical Cases
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