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I. |
RISKS INVOLVED IN EXPORT PAYMENT METHODS:
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A. Evaluating export payment risks:
- Factors to be consider in making your credit decisions
- Transactions with limited or no financial risk to exporter
- Transactions with limited or no financial risk to importer
. . .
- Interim Quiz:
Evaluating export payment risks
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II. |
METHODS OF EXPORT PAYMENT - PART ONE:
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A. Cash in advance of shipment:
- Typical transaction requiring cash in advance of shipment
- Cash in advance of shipment: Step-by-step analysis
B. Letter of Credit: general information:
- Typical transaction with a letter of credit
- Advised, confirmed and irrevocable letters of credit
- Parties involved in a letter of credit transaction
. . . . . . . . . .
- Checklist for evaluating a letter of credit
- Common discrepancies in documents received by banks
- Amendments and correction of Discrepancies
C. Letter of Credit with a Sight Draft:
- Typical transaction using letter of credit with a sight draft
- Letter of credit with a sight draft: Step-by-step analysis
D. Letter of Credit with a Time Draft:
- Typical transaction using letter of credit with a time draft
- Letter of credit with a time draft: Step-by-step analysis
E. Other types of Letters of Credit:
- Transferable Letter of Credit
- Assignment of proceeds letter of credit
- Red clause letter of credit
- Back-to-back letter of credit
- Revolving letter of credit
- Standby letter of credit
- Interim Quiz:
Methods of export payment - part one
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III. |
METHODS OF EXPORT PAYMENT - PART TWO:
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A. Collections: Documents Against Payment (D/P) with a Sight Draft:
- Introduction to the collections process
- Transaction using documents against payment with Sight Draft
- Step-by-step analysis of transaction
B. Collections: Documents Against Payment (D/P) with a Time Draft:
- Transaction using documents against payment with Time Draft
- Step-by-step analysis of transaction
C. Consignment of Goods:
- Consignment of goods transaction
- Step-by-step analysis of transaction
D. Open Account:
- Open account transaction
- Step-by-step analysis of transaction
- Interim Quiz:
Methods of export payment - part two
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IV. |
OTHER FACTORS INVOLVED IN EXPORT PAYMENTS:
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A. Hedging against foreign currency fluctuations:
. . . . . . . .
- When to use hedging
- Example: Hedging an Export Transaction
B. Financing or selling your export accounts receivable:
- Accounts receivable financing
- Export factoring
- Export forfaiting
- Countertrade
- Interim Quiz:
Other factors involved in export payments
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V. |
FINAL COURSE EXAMINATION
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VI. |
ADDITIONAL FEATURES:
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A. Glossary of export terms used in this course
B. Course reference and research sources
C. Instructor messaging for student questions
D. Updating of course information daily
Who should take this course? Sales and marketing executives, export consultants, export agents,
college educators, export trainers, government employees and entrepreneurs seeking a new career.
Available: Immediately. Completion time: 4 to 8 hours.
Tuition: $195.00 if ordered individually, or $146.25 if ordered as part
the Complete Package of six courses and certification examination.
To discuss educational discounts, volume pricing, licensing and re-labeling arrangements,
please contact the Export Institute at (952) 943-1505 or
http://www.exportinstitute.com.
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When you have completed these courses, you will be able to compete with
exporters anywhere in the world. Take the time to study our Website. It
includes course content, sample pages and other valuable export information.
Make as many copies as you like and contact us if you have questions.
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