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Announcements

Letter of Credit Applications in Foreign Trade

The following information pertains to the "Online Training on Letter of Credit Applications in Foreign Trade" organized by ISO Academy on June 30, 2021.

Letter of Credit Applications in Foreign Trade

The training will cover letter of credit analysis, preparation of letter of credit documents, procedures and application rules related to letters of credit, information that should be included in the letter of credit text, the benefits provided by letters of credit, and information related to acceptance credit-reciprocal trade.

Training Content
• Cash Payment, Types, and Applications
• Payment Against Goods: Types and Applications
• Payment Against Documents: Types and Applications
• Payment by Letter of Credit
• Parties to the Letter of Credit
• Types of Letters of Credit
• Risks encountered in letters of credit, reserve requirements
• Payment Methods for Letters of Credit
• The Meaning and Importance of Reserves in Letter of Credit Transactions
• Features of International Swift Messages
• Techniques for Reading Swift Messages
• Preparation and Costs of the Offer Letter for Opening a Letter of Credit
• Explanation of the Letter of Credit Text
• Analysis of Letter of Credit Documents
• Reserve in Letter of Credit

Participation in the training is free.

To access program details, please Click here.

Meet our instructor.

Letter of Credit Applications in Foreign Trade

Instructor: Cengiz Özcan

Cengiz Özcan, who graduated from Ankara University Faculty of Economics and Administrative Sciences in 1990, completed his master's degree in the field of Anti-Dumping and Subsidy Measures: EU and Turkey Applications. Between 2001 and 2005, he served as the Deputy Head of Department at Kocaeli University Hereke Ömer İsmet Uzunyol Vocational School. Since 2010, he has been working as the Deputy Head of Department at Yalova University Yalova Vocational School, teaching courses on Foreign Trade Transactions and Practices, International Commercial Documents, Customs Legislation and Practices, Logistics and Transportation, Sales Management, Introduction to Law, Marketing Strategies, Entrepreneurship, and Foreign Trade Operations. He has given trainings and participated in projects on foreign trade legislation applications and strategies at the Ministry of National Education, Abigem Eastern Marmara, Istanbul Mining and Metal Exporters Association, Istanbul Exporters Association, Elginkan Foundation, and many universities.

Register!

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