Center for Global Best Practices

The Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will host a two-day training entitled, Revised ISBP on LC Transactions forBankers, Importers & Exporters, Lawyers, Insurers & Transporters to be held on Wednesday and Thursday, November 28 & 29, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. International Standard Banking Practice (ISBP), which needs to be understood by different stakeholders who are involved in international trading of imported and exported goods,  provide details on how to apply banking practices under Uniform Customs and Practice for Documentary Credits (UCP 600) to various trade documents (invoices, transport documents, bills of lading, certificates of origin) and feature documents including packing list, weight list, beneficiary certificate, non-negotiable sea waybills, analysis, inspection, health, phytosanitary, quantity and quality certificate, etc. All it takes is just one...

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. Don't leave the success of your import and export transactions to chance! 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 Use of LC for Import & Export to be held, Wednesday, October 10 & 11, 2018 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. The program will also cove...