Understanding Letters of Credit Webinar
Webinar Description and Audience
This training weminar explains letters of credit including the parties involved and their liabilities. Also, this webcast seminar will discuss the rules that were implemented by the Uniform Customs and Practices for Documentary Credits (2007 Revision) (the “UCP 600″) on July 1, 2007. Financial institutions that issue or accept letters of credit will find this webcast seminar useful.
- Overview of parties involved in a LOC transaction
- Responsibilities and liabilities associated with letters of credit
- Comparison of commercial letters of credit verses standby letters of credit
- Review the new UCP 600 and compare it to the old UCP 500
Who Should Attend:
This webcast seminar will be useful to loan officers, operations officers, and credit administration personnel.
Continuing Education Credits (CEC)
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Delivery Option Descriptions
With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. Participants can type and send their questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate in the same room.
SIX MONTH ONDEMAND VIDEO RECORDING:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
CD-ROM VIDEO RECORDING:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a paper copy of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.