Introduction to Letters Of Credit

This Introduction to Letters of Credit eLearning module provides an introductory overview of Letters of Credit (LCs). It offers general awareness and information related to LCs, covering key concepts, explaining LC types, identifying the parties involved and their roles, and detailing LC conditions and logistics considerations. Total run time: approximately 45 minutes.

Following this Introduction to Letters of Credit training, students will:

• Establish a solid understanding of Letters of Credit, how they work, and their significance in global trade.
• Familiarize themselves with the main types of LCs, their common conditions, and what to look out for.
• Understand the importance of LCs in relation to logistics and their impact on shipment organization.