Loading Events

« All Events

  • This event has passed.

International Banking and Incoterms Training

January 13, 2016 @ 8:30 am - 4:30 pm

- $65
Must RSVP via email completed registration form Attn: Mike Allocca to admin@alloccaenterprises.com or fax to (803)-684-8015 . Please go to www.alloccaenterprises.com to pay on-line.

For questions contact Zara Castillo at zara.castillo@efacw.org or call 206-256-6115

Program Overview

The first half of the training will help you understand when and how to use a Letter of Credit (L/C) to your advantage and will help you answer the question: What is a letter of credit and should you be using one to manage your risk and exposure? After this training you be more familiar on specific strategies and tools to use when beginning a negotiation with an international client as well as learn how to integrate incoterms strategically.

The second half of the training you will learn how to determine responsibilities between buyer and seller through transfer of risk, insurance, documentary requirements, and cost of freight through proper use of incoterms.

Topics Include

What are my risks with international banking options? Open account, cash against documents, avail’s, Letter of Credit (L/C) and prepayment.

What is a Letter of Credit and how can I make it work for me?

What documentation is required for an L/C?

Strategies and templates to use when negotiating an L/C.

A complete review of all 11 incoterms– what are they, when and how to use them

Understanding how to incorporate proper usage of incoterms into proforma and commercial invoices

Strategies on how incoterms should be used to increase sales and lower unnecessary liability/ exposure costs

Common errors when using incoterms and how to turn those into your advantage

Who should attend?
Anyone involved with exports including: sales, customer service, traffic, purchasing, compliance, management, shipping and finance

**This full day training is eligible for (6) NASBITE-CGBP Re-Certification CEU’s**


January 13, 2016
8:30 am - 4:30 pm
Event Categories:


Seattle TBD



This Event Calendar includes training workshops and events in Washington state by WSBDC and public organizations. Inclusion of training events by outside organizations is not an endorsement of their products by WSBDC or its resource partners. Please contact sponsoring organizations directly from the event links.

WSU SBDC training events registration Privacy & Refund Policy: http://wsbdc.org/terms-of-use-and-conditions/

Go to our ‘Other Training Links’ page for links to  additional calendars, events and ongoing training: http://wsbdc.org/training/link