D10-813: Letters of Credit (L/C) for Beneficiaries


To find out how to provisionally book, or if you need a quote, click on the red “how to book” tab, above, or capture your email in the right-hand panel to initiate the pro-forma process.


This presentation/workshop deals with various aspects of international bank payments and specifically the operation of the Documentary Credit (the L/C) – for the beneficiary.

The day is a consideration of how the credit works, and to determine at what point and under what conditions specific wording needs to be incorporated into the credit and for what purpose.

The ideal candidate will be a delegate who works in finance or operations, but who needs to interpret the credit as the beneficiary, without necessarily having a banking background.

Credits are by their very nature and definition are specific, individualized instruments and the workshop cannot cover every eventuality, however the core requirements of compliance and basic non-compliance issues are covered. The course is designed to serve as a platform for further study.

Your investment includes an electronic copy of the presentation material, plus imported copies of the official text of the Uniform Customs & Practices for Documentary Credits (the UCP 600) and the International Standard Banking Practice (ISBP E745). These are the official rules for the operation and interpretation of Documentary Credits, produced and published by the International Chamber of Commerce in Paris.


This course is only available as an in-house event;

email phill@freighttraining.co.za to enquire further. 

Venue Information

Corporate Conference Centre
101 Edward Drive
Dowerglen, Edenvale, Gauteng

HOW TO provisionally BOOK:

  1. Step One - on the right-hand side of the screen you will see a field for your email address. This is your email address: as the party making the booking we may need to contact you regardless of whether you are attending or not.

  2. Step Two - this takes you to the next screen where you will capture your personal and company details. This is the only time you will need to do this. You are then sent a ‘link’ by email to continue (this is an anti-spam measure).

  3. Step Three - on receipt of the email you follow the link it contains to finalise the provisional booking with your delegates’ details. At any point you may also add to, amend or cancel the provisional booking.

Bookings are only confirmed on payment.

Thereafter, all you will need to do to initiate a provisional booking is to use your email address. So it is; email address, click the email link, click the pro-forma request: One, Two, Three – finished.