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Don't leave your success to chance!


Letters of Credit (LC) is one of the safest and most reliable commercial payment instrument and most commonly used in international trade transactions. With the ASEAN integration and expected increase in global trade, many businesses want to learn how to use this mode of payment.

 To help businesses effectively use LCs, the Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will host a two-day training entitled, Mastering the Useof LC for Import & Export to be held on Thursday & Friday, April 25 & 26, 2019 at the Manila Marriott Hotel, Pasay City, Philippines.

 This program will guide you on everything you need to know about LC transactions and operations. Attendees will learn practical steps and valuable tips in issuing proper LCs and how they work, what to do to avoid pitfalls, and actions to take in cases of discrepancies. Discussion will also cover revised regulations and applications of UCP 600 involving letters of credit.

 Most importantly, you will learn how to handle the pitfalls and traps in the use of the various types of letters of credit (LC) in the international trade transactions. This program is highly recommended for importers, exporters, traders, manufacturers, entrepreneurs, bankers, insurers, transporters of goods, CFOs, company treasurers, lawyers (in case of trade disputes) and those interested in fully understanding how LCs work.

 We are flying in the expert! This training will feature Singapore-based expert, Victor Tan, who is an authority in the field of International Trade. He has 15 years of banking experience in Europe covering areas of international trade finance, remittances, guarantees, and import and export.

 He has worked with various international banks such as Standard Chartered Bank, Amsterdam-Rotterdam Bank, Bangkok Bank, Royal Trust Merchant Bank and Barclays Bank, the last of which he served as deputy head of the trade finance department.

 He conducts highly specialized training programs for clients in Jakarta, Bangkok and Singapore. He will teach attendees all the best practices applications of LCs for one’s advantage.

 Don't leave the success of your import and export transactions to chance. REGISTER!
Interested participants are encouraged to avail of the following:

 a) 5% Early Payment Discount (valid until April 15)
b) 5% Group Discount
Note: Registration is open to the general public. CGBP is also accredited by the Civil Service Commission. Attendees from the government can earn points for their career advancement and are exempted from the Php 2,000 limit when attending training conducted by the private sector based on DBM circular 563 dated April 22, 2016.
Participants who are interested learning about Letters of Credit can also attend the following International Trade Programs:

 1) Understanding Trade Finance, Practices & Compliance Issues for Auditors
     Wednesday & Thursday, July 3 & 4, 2019

 2) Incoterms 2010: Revised International Rules in the Interpretation of Trade Terms
     Wednesday, September 26, 2019

 3) ICC Model International Sales Contracts
     Date to be announced.

 4) Revised ICC Rules on Bank Guarantees & Standby Letters of Credit
     Date to be announced.

 5) Best Practices Guide on How to Import Goods to the Philippines
     Date to be announced.
CGBP also invites you to attend other Best Practices programs:

 1) 2019 Revised Corporation Code of the Philippines
     Thursday, April 11, 2019

 2) Best Practices in Implementing Effective Business Controls (CPD-Accredited)
     Friday, April 12, 2019 (Manila Run)
     Thursday, June 20, 2019 (Cebu Run)

 3) How to Structure and Compute Salaries, Wages and Benefits (CPD-Accredited)
     Wednesday, April 24, 2019

 4) Write RIGHT for Positive Results!
     Friday, April 26, 2019

 4) Best Practices in Performance-Based Compensation
     Thursday & Friday, July 4 & 5, 2019

 5) How to Use Parliamentary Procedures for Effective Meetings
     Friday, July 26, 2019

 6) Manager Effectiveness Program
     Wednesday & Thursday, October 9 & 10, 2019

 7) Best Practices in Managing Financial Performance (CPD-Accredited)
     Wednesday & Thursday, November 27 & 28, 2019
8) More at www.cgbp.org

 For inquiries, you may call
Center for Global Best Practices

Telephone Numbers:
Metro Manila: (+63 2) 842-7148 or 59, and (+63 2) 556-8968 or 69 
Baguio City: (+63 74) 423-2914
Cebu City: (+63 32) 512-3106 or 07 
Legaspi City: (+63 52) 736-0148

CGBP also accepts in-house training and consulting for individuals, families, and corporate clients. We invite you to check our website for a complete list of Best Practices programs.

#BestPractices #UpcomingSeminars2019 #CSCAccredited #traininganddevelopment #corporategovernance #corporationcode #corporatelaw #corporatetraining #corporatehousing #corporatelearning #corporatebranding #lawandlegislation #laws #corporate #RA11232

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