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[Trade and Commerce Archive] Trade Payment Settlement Essentials

We provide easy-to-understand information about three payment methods: remittance, collection, and letter of credit, along with practical precautions for each payment method and the key document examination criteria for letter of credit payment methods. Through this, you can apply trade transaction selection know-how in the right place at the right time by using payment methods suitable for each situation in trade transactions.

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What you will learn!

  • You can understand various payment methods and reduce the risk of payment collection.

  • You can develop perfect reading comprehension skills for the content of letters of credit.

  • You can secure flawless shipping documents by familiarizing yourself with the key document review criteria.

Methods to reduce payment collection risks in international trade!


In international transactions, the risk of payment collection is greater than in domestic transactions, so it is essential to understand this accurately above all else. Trade payment settlement is one of the most important aspects of international trade transactions. This is because various risk factors exist as these are transactions conducted between countries. What is usefully utilized at this time, namely the safety mechanism for trade payment settlement, is the letter of credit (L/C).

This course provides easy-to-understand explanations of three payment methods: remittance, collection, and letter of credit, along with practical precautions for each payment method and the key document examination criteria for letter of credit payments. Through this, you will be able to apply trade transaction selection know-how in the right place at the right time by using payment methods suitable for each situation in trade transactions.


Field-centered education

  • You can reduce payment collection risks by selecting methods that suit practical situations through various payment methods.

  • You can develop various work skills by presenting practical work methods rather than theory-centered education.



Presenting key points focused on practical application

  • You can learn by topic through micro-learning focused on core keywords that can be immediately applied in practical work.

Course Outline


  1. Import/Export Payment Settlement and Trade Practice

  2. Import and Export Payment Settlement and Bills of Exchange

  3. Collection payment method and remittance payment method

  4. Letter of Credit Payment Method

  5. Reading Letter of Credit Content (1)

  6. Reading Letter of Credit Content (2)

  7. Key Document Review Criteria

  8. Processing of Defect Documents

Presenting differentiated content through recruitment of specialized professors in trade and commerce

We recruit specialized professors in trade and commerce to provide lectures that carefully select only the core skills required in industrial settings. We have recruited instructors who are highly praised for their in-depth lectures at corporations, public institutions, and universities to present professional and differentiated content.

CEO Kim Young-hoon

Current) CEO of International Trade Development Center

Current) CEO of Gyeyeong Publishing

Current) Adjunct Professor at Korea Financial Training Institute

Current) Korea International Trade Association Trade Academy, WowPass, Korea Productivity Center Instructor

Former) Senior Researcher at Korea Institute of Origin Information


Recommended for
these people

Who is this course right for?

  • Practitioners and managers in import/export, customs clearance, and tariff-related departments

  • Trade and International Logistics, Overseas Sales, Foreign Procurement Practitioners and Managers

  • Practitioners and managers who are interested in understanding and improving overall trade transactions, including customs refunds, customs clearance, import/export, overseas market development, overseas buyer discovery, and origin management

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Answers

4.6

Rating

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1987년에 설립된 한국생산성본부 부설기관으로, 기업과 공공기관의 임직원을 대상으로 회사생활에 꼭 필요한 직무교육을 제공하고 있습니다.

실제 기업의 업무에서 일어나는 ‘일’을 바탕으로 실무역량 강화를 위한 직무역량(Job-Duty-Task) 기반의 교육 콘텐츠를 구성했습니다.

차원이 다른 직무교육을 경험해 보세요!

홈페이지 : https://www.kpcice.or.kr

Curriculum

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24 lectures ∙ (4hr 38min)

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Limited time deal

$57,920.00

34%

$69.30

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