Learn to use LC in trade

MANILA, Philippines — With the growing free trade agreements of the Philippines with other countries, tariff barriers have been lowered, if not removed totally.  This development has encouraged more businesses to import and export goods to and from different countries. For trade transactions, buyers and sellers prefer letters of credit (LC) – a payment mode which is secure, safe and acceptable to both parties. To provide comprehensive knowledge on the use of LC, the Center for Global Best Practices will hold a two-day program titled, “Mastering the Use of LC for Import and Export” on May 24 and 25, 2018 at the Manila Marriott Hotel, Pasay City.

Master the nine different types of LC and use it for your businesses advantage. Get practical tips on how to prepare and check LC documents to avoid discrepancies, the pitfalls and the traps in using such mode of payment. This special program will fly-in Singapore-based expert, Victor Tan. He is an accredited lecturer of the International Chamber of Commerce and one of the most sought-after lecturers and an authority in the field of international trade. With over 15 years of banking experience in Europe, he has worked with various international banks such as Standard Chartered Bank, Amsterdam-Rotterdam Bank, Bangkok Bank, Royal Trust Merchant Bank and Barclays Bank.

For a complete list of best practices programs, visit www.cgbp.org, or call Manila line (+63 2) 556-8968/ 69, Cebu line (+63 32) 512-3106 to 07 and Legazpi Line (+63 52) 736-0148.