Documentary Credits Course (Basic Level)

This course offers the Credit Credits (Basic Level) course to anyone who wants to acquire great skills in working in capital markets and gain experience in managing banks.

Documentary credits are one of the most common methods in the field of international trade and financing, guaranteeing each of the exporting and importing parties their rights if they comply with the agreed terms through the mediation of the banks that assume responsibility according to the specific conditions and procedures.

Where the banks issue obligations to pay if the documents are received within the agreed terms, documentary credits are considered as a guaranteed means for sellers in order to obtain the price of the goods within the credit from the banks and not from the buyer and guarantee the receipt of the value of the goods in return for the submission of the documents corresponding to its terms.

The seller also obtains the value of the goods upon the submission of the shipping documents without waiting for buyer's receipt.

By the end of the course, participants will be able to:

This course offers this course to the following categories:

• Managers of institutions and companies.
• Businessmen wishing to develop their skills in managing banks.
• Students and graduates of business schools in different universities.
• Bank managers and departmental staff in banks.
• Accountants and their assistants in banks.
• Anyone who wants to develop his expertise to work in the financial markets.

After completing the program, participants will be able to master the following topics:

• The ability to supervise the preparation of the registration bonds and to verify the validity of these bonds and work on their adoption before the processes of registration in the accounting books of companies.
• Acquiring experience in the field of supervision and supervision of all documents issued by the Accounting Office.
• Implementation of all financial procedures by senior management.
• Gain experience in the management of the operations and mechanisms of the Documentary Credits Management field.