Performance EDGE presents One Day Workshop On
Letters of Credit & INCOTERMs
Delhi 22nd February, 2012 at Jaypee Vasant Continental, Vasant Vihar, New Delhi
Mumbai 24th February, 2012 at Ramada Plaza Palmgrove, Juhu Tara Road, Mumbai
     
Timing: 9-30 am to 5.30 pm

Registration and breakfast: 9 am

For Registration : performanceedge@gmail.com

Why This Workshop

Letters of Credit and INCOTERMs constitute the language of International business. If you are doing business overseas, be it Import or Export, you need to understand LCs and Incoterms.

This Seminar is designed to train Managers in what they need to know - the know-how that is crucial - so that they can do International business safely and correctly, with no losses arising out of ignorance.

This Seminar will train Managers to :

  • Understand how Letters of Credit work
  • Know the "Do's and Don't's"
  • Know the new set of INCOTERMs
  • Manage Forex Risk
Who will benefit?
Senior and mid-level Managers in Import and/or Export oriented companies who have low to medium previous knowledge of the intricacies of LCs and Incoterms.
Knowledge & Skills Gained
  • Structure of Letters of Credit and UCP 600
  • Key issues relating to Letters of Credit
  • Managing LCs as Importer and Exporter
  • Managing associated Foreign Exchange Risks
  • INCOTERMs and how they should be used
The key deliverables
  • Understanding of UCP 600 and the rules governing Letters of Credit
  • Ability to structure Import LCs, and to comply with Export LC requirements
  • Insight into managing foreign exchange exposures
  • Meaning of INCOTERMs and the implications of each
What the Workshop Covers?
  • UCP 600 and the meaning of key terms
  • Structure of Letters of Credit
  • Commonly used Clauses and their precise implications
  • How to design Import LCs
  • How to meet requirements of Export LCs
  • Foreign Exchange - Limiting losses but not profits
  • INCOTERMs - what they mean and how to use them
Program Topics
Introduction and Warm up
  1. How Letters of Credit work
    • Roles of Opener, Beneficiary, and the banks
  2. UCP 600
    • Key terms and their meanings
    • How to avoid problems - Dos and Don'ts
  3. Doing business through Letters of Credit
    • Structuring Import Letters of Credit
    • Negotiating under Export letters of Credit
  4. Case Studies for Exporters and Importers
  5. Managing Foreign Exchange Risk
  6. INCOTERMs - Meanings and Applications
  7. Concluding Session
    • Key Learning & Action Plan, Open session
    • Feedback
  Faculty

Amitabha Banerjee is an Engineer (IIT-Kharagpur), MBA (Univ of Rochester, USA) and Certified Associate of the Indian Institute of Bankers.

He has 35 years of corporate banking experience in India and overseas, working with HSBC, Emirates Bank, Oman Intnl bank and the Government of Dubai. He has taught various banking related subjects at RBI Bankers Training College, Institute of Materials Management, National Institute of Bank management, Training Colleges of the Central banks of UAE and Oman etc. During his years in Corporate banking he has had extensive experience in Trade Finance and Foreign Exchange and has managed Trade Finance services of several banks in India and abroad.

Methodology
In our workshop, we maximize knowledge assimilation in the participants through combination of execution elements like case discussions, exercises, simulated games and activities, video led sessions and discussions on global best practices. At the end of each workshop we facilitate the participants to distill Key Learning and prepare Action Plans to deliver solid business results for our clients.
  Recent Participants
ABN Amro, Accenture, Acer, A.F.Ferguson, Arvind Mills, Ballarpur Industries, Bank of America, Bennet Coleman, Bharti TeleTech, Bluestar, BNPParibas, BOC, BOI, CAMS, Castrol, CII, Cognizant Technology, CRISIL, Deccan Herald, Duncans, GAIL, Godrej & Boyce, Google, Henkel Arabia, Honeywell, HPCL, IBM, ITC, Ispat Industries, Ingersoll Rand, ITC Infotech, KPMG, Kirloskar Oil Engines, Kotak Mahindra, L&T, Living Media, Lufthansa, Mahindra & Mahindra, Mico Bosch, MRF, Maruti Suzuki, Mitshubishi, NCR Corporation, Nishit Desai, NTPC, Oberoi Hotels, Oracle, Punjab National Bank, Reliance Media World, Reserve Bank of India, RMSI, Samsung, Saint Gobain, Shipping Corporation, Siemens, State Trading Corporation, State Bank Of India, SAP Lab, Titan, TVS, Tata Consultancy Services, Tata Motors, Tata Power, Tata Ryerson, Tata Teleservices, United Breweries, United Spirits, Vedanta, Wartsila, WIPRO, World Bank etc.
  Fees and Registration
The fee which covers breakfast, lunch & tea/coffee as well as reading material,  Rs 7,500/- plus service tax @10% and education cess @3% = Rs.8,273 /- per participant. For the organizations sending three and more delegates the fee is Rs. 7,000/- plus service tax @10% Plus education cess @3% = Rs. 7,721 per participant. The fee is payable by cheque in favor of 'NR Performance Edge Consultants Pvt. Ltd.', at any of our addresses below. The workshop is non residential.

Our Service Tax Registration No. is AACCN1359CST001 & PAN AACCN1359C

Kindly send your nomination/s through email to performanceedge@gmail.com or on your letter head indicating Name/s, Designation, Phone No., Fax No. and E-Mail ID of the nominees along with the fee to reach us at least seven days before the workshop, the nominations can be sent to our Kolkata, Gurgaon or Mumbai office: The company reserves the right to change venue, contents, dates and speakers. The service tax on fee will be applicable based on the latest Government notification in force on workshops dates.

NR Performance EDGE Consultants Pvt. Ltd.

C/o M L Basu & Co,
1, Lindsay Street, 1st Floor,
Kolkata -700087
Nabendu : 9830504810

A-268
Unitech, South City - I
Gurgaon - 122002
Rahul : 9871143635

C/o Maxigen Communications
C-202 Avon Plaza-1,
Thakur Complex, Kandivili (East)
Mumbai 400101

For Registration, please write to us at: performanceedge@gmail.com

or you can also call Amlan 09903720541

www.performanceedge.in
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