Basics of Letter of Credit & Receiving Overseas Payments

Beginner's guide on - How does an LC works? What is UCP, Types of LCs, Blockchain-Based LC, Role of Banks, Costs of LCs
4.17 (35 reviews)
Udemy
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English
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Finance
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Basics of Letter of Credit & Receiving Overseas Payments
8 191
students
1.5 hours
content
Feb 2025
last update
$13.99
regular price

What you will learn

Beginner's concepts on how does a traditional overseas letter of credit work

What are the typical parties and banks in a simple letter of credit cycle

What is UCP 500/600 and its role in international L/C operations

What is a blockchain based letter of credit?

What are the different types of letter of credits

What is the basic framework of of typical exports transaction involving a letter of credit

What are the different costs and fees associated with letter of credit and who pays what part.

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4110816
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09/06/2021
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11/06/2021
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