Webinar "Demystifying Letters of Credit"

Webinar "Demystifying Letters of Credit"

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Webinar "Demystifying Letters of Credit"

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Jul 18, 2018 - Jul 18, 2018


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1:00 PM CDT (2:00 PM EDT) to 2:00 PM CDT (3:00 PM EDT)

All exporters would prefer to paid cash in advance for their shipments, but that is not always possible. Many also are concerned about providing open account, especially during the first exports. There are ways to avoid problems with both of them, the often overlooked documentary credit and collection, known as Letters of Credit and Drafts.

Join us as we explain the following:

  • Letters of Credit vs Other Methods of Intl Payment
  • When Buyers and Sellers Use Them and Why
  • LoC Basics: Who is Who, Terminology, Procedures
  • Walk Through an Example

There will also be a Q & A Session with our featured presenter Dennis Lynch.  

Important Registration Note: Individuals who register below should receive an email with the link and information you need to participate one day prior to the webinar. If you don’t receive this information and/or have any questions, please contact us at webinars@foodexport.org.

About the Presenter

Dennis Lynch, M.I.B.A., is a 35-year veteran of international trade who has held a variety of positions in the public and private sectors. He has been directly involved in monitoring, troubleshooting and facilitating export transactions for more than 25 years. 

As the export counselor behind Food Export-Midwest and Food Export-Northeast's Food Export Helpline, Dennis provides customized technical export assistance to a variety of food and agricultural firms.  He is a dynamic and informative speaker who speaks regularly at educational seminars throughout our organizations’ Midwest and Northeast regions. 

Dennis holds a Master’s Degree in International Business Administration awarded by West Coast University and holds a California Community College Lifetime Teaching Credential in Marketing and Distribution. He also taught international trade courses at a variety of Southern California Colleges for nearly 20 years. 

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