-      Introduction.

-      Risks Related to Foreign Trade.

-      Foreign Trade Deal & Contract of Sale Components.

-      Terms of Delivery (Incoterms®2020).

-      The Four Methods of Payment in International Trade:

-      Advance payment.

-      Open account.

-      Documentary Collection:

-      Documentary Credits/ Letters of Credit:

-      History of documentary credits.

-      The role of the International Chamber of Commerce “ICC”.

-      The development of the Uniform Customs and Practice for Documentary Credits “UCP”,

(The development of rules for documentary credits).

-      UCP 600 CONTENTS.

-      The Definition of Letter of Credit.

-      Complying Presentation.

-      Relations Under the Letters of credits.

-      Benefits of Letters of credits.

-      Parties to a Letters of credits.

-      Other parties which facilitate the Letters of credits.

-      Letters of credits Cycle.

-      Types of Letters of Credit:

-      Irrevocable LCs

-      In terms of Confirmation:

• Unconfirmed L/Cs
• Confirmed L/Cs

-            In terms of Payment’s Method:

• Sight payment LCs
• Deferred payment LCs
• Acceptance LCs
• Negotiation LCs

 -      Other Types of DCs:

-      Revolving Letters of credits.

-      Transferable Letters of credits.

-      Back-to-back Letters of credits.

-      Standby LCs.

-      Shipping (Commercial) Documents under DCs:

-      Commercial Invoice.

-      Certificate of Origin.

-      Transport Documents.

-      Insurance Documents.

-      Other Documents .

-      Amendments under LCs.

-      Examination of documents under LCs.

-      Why LC’s Parties involved in this method for payment? 

-      Examples and cases.