Transferable Letters of Credit for Export Financing 2019

Topics

• How it is used for export financing
• What is a Transferable Letter of Credit, UCP Article 38
• How do I substitute my invoice for the higher amount
• What are the terms and conditions of a transferable LC
• What are the benefits of a transferable LC
• How do I transfer a LC to a second party supplier
• How confidential is the transferable LC
• What are the risks of a transferable LC

Who should Attend

• Import companies that are asked to provide a Transferable Letter of Credit
• Export trading companies that need financing
• Bank staff involved with commercial bank trade finance services
• Freight forwarding companies that must prepare negotiable documents for clients