The Synthetic & Rayon Textiles Export Promotion Council

Seminar on Export Finance & Letter of Credit Documentation

Circular No.ES/ 18/2015-16                                                               August 12, 2015

 

To:  Members of the Council  


Sub: Seminar on Export Finance & Letter of Credit Documentation


Dear Member,


We wish to inform you that The Federation of Indian Export Organisations (FIEO), Mumbai is organizing a Seminar on Export Finance & Letter of Credit Documentation on Friday 21st August, 2015. The details of the seminar are as follows:


The objective of the seminar is to help the exporters select the appropriate methods of payment and understand the various risk associated with method of payment, swift format or structure of L/C and total banking overheads in L/C etc.

 

The Details of the Seminar are given below:

Day & Date

Friday,21st August,2015

Time

11.00 am to 5.00 pm                                      

Registration at 10.30 am

Venue

Times Square, Unit No. 3 A, B- Wing, 4th Floor, Andheri Kurla Road, Opp. Mittal Ind Estate, Andheri (East), Mumbai – 59.

 

The seminar will be conducted by an expert faculty and will cover the following important issues

 

Sr. No.

A.     Export Finance

B.     L/C Documentation

(a)

Purpose of export finance

Types of Letter of credits

(b)

Type of export Finance

Parties to Letters of Credit

(c)

General Guidelines for Sanctioning Export Finance

Bird’s eye View of UCP 600

 

(d)

Assesment of Client

Genuinity of the Letter of Credits

(e)

Reporting requirements

Cancellation of Letter of Credits

(f)

Export Credit performance indicator for banks

Hints for verification of submitted documents under credit

(g)

Manner of Payments

Handling discrepant documents

(h)

Methods of Payments

 

 

Members are invited to attend this Seminar.

 

A participation fee of Rs.1900 for Non-Members and Rs 1700/- for Members - excl. of Service Taxes (lunch, tea/coffee, Study-Material, etc.) per person.

Members interested in participating in the above Seminar may contact the following at FIEO for further details:

 

Ms Chanda Haldankar, Asstt Director / Mr. Akshay Shah - Executive

Times Square, Unit No 3A, B Wing, 4th flr, Andheri Kurla Road,Andheri (E), Mumbai -59

Tel No 022- 40572222 / 40572215 / 40572210

Email: chandahaldankar@fieo.org; ahshah@fieo.org

 

Thanking You,

Yours faithfully,

 

V.ANIL KUMAR
EXECUTIVE DIRECTOR