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CHALLENGES IN INTERNATIONAL PAYMENT SYSTEM AND MASTERING LETTERS OF CREDIT

JIMS in Association with ASSOCHAM conducted One DayInteractive Workshop on “CHALLENGES IN INTERNATIONAL PAYMENT SYSTEM ANDMASTERING LETTERS OF CREDIT” at ASSOCHAM House, New Delhi.

The Workshop was addressed by Mr Ajay Sahai, DirectorGeneral & CEO of FIEO(Set up by Ministry of Commerce ,Govt of India)followed by Technical Session.

Learning Outcomeswere:-

  •        Various Payment Systems and Related Risks

  •        Avialisation, Factoring ,Payment/Negotiation

  •        Structuring Letters of Credit as per BusinessNeed

  •        Knowledge of Various ICC Rules viz UCP,URC etc

  •        Various Financing options/Products

  •        Guarantees,Standby Letters of Credit

  •        Trade Sanctions and Frauds

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