Events Calendar

This introduction course covers the eight main types of Letters of Credit used in international trade from advance payment, including Sight Documentary Collection and Documentary Letters of Credit. It also includes the use of Bills of Exchange with and without documents.

Over 75% of first presentations to banks against Documentary Letters of Credit are rejected, resulting in delayed payments to exporters, additional costs, and breached delivery deadlines. This introduction course is suitable for all staff who need to have a clear understanding of the procedures required to ensure payments for goods sold on documentary credit terms. Knowledge and understanding are reinforced through the use of exercises, tips on getting the credit you want and working examples of documentary credits.

Course Contents

• What is a Letter of Credit?
• The eight main types of Letters of Credit
• Letter of Credit administration and procedure
• Types and levels of security
• Letters of Credit costs, Letter of Credit content - getting the credit you want
• Examination of documents required for presentation
• What can go wrong?
• Top tips for success every time UCP600/ISBP
• Sources of help and advice

In an ever-changing trading environment where major worldwide events are constantly taking place and trends evolve at high speed, how do you ensure your supply chain remains strong and resilient?

For as long as there have been supply chains, risk management has been a challenge for companies to face. How can a company recover from supply chain shocks without significant impact on their operations and customer lead times?

In this webinar collaboration between the London Chamber and International Trade Matters, trade specialist David Peña will show you how to improve your supply chain resilience through different tools, from beginning to end:

• Improve data sharing
• Rethink sourcing of your purchased parts
• Rethink your inventory management
• Improve predictive forecasting

This course is designed for sales teams, administrators and managers planning international growth through Agents and Distributors overseas. The course covers the differences between Agents and Distributors, advantages and disadvantages of each, what to consider when appointing them, and an introduction to the legal implications.

The course will also look at the importance of harmonising all sales channels so if you are already selling through these third parties, there is valuable information to learn about doing this effectively.

Course Contents

• Routes to overseas markets
• Roles of Agents and Distributors
• Legal implications
• Advantages and disadvantages of Agents and Distributors
• Harmonising your sales channels
• Sources of help and advice

Discover how to elevate your business with AI in our upcoming webinar led by Nick Mayhew, Founder and Matt Dunaway, Senior Strategy Facilitator at Alembic Strategy. We’ll explore how AI can streamline operations, enhance your value proposition, and improve your export strategy. We will discuss integrating AI into your business model, optimising channels to market, and improving communication methods, all while ensuring alignment with your core purpose and readiness for change.

Join us for insights to help you transform your business and supercharge your exports using AI. After registering, you will receive a confirmation email containing information about joining the webinar.

If you transport goods into and out of the UK for maintenance or other processing, this course explains the HMRC regimes that will enable you to save costs. The course helps you understand the advantages of claiming IPR and OPR, how commodity codes help, the documentation required, and whether AEO may also be helpful for your organisation.

• Explanation of Inward and Outward Processing
• Advantages of IPR/OPR
• Commodity Codes
• Documentation required for IPR/OPR
• Benefits of AEO
• Sources of help and advice

Getting the details right from the outset of enquiries will save considerable time and cost to your business. Understanding which Incoterm to quote, what documents the buyer needs, how the payment will be collected (and what currency), how the goods are packed, amongst other relevant considerations are vital to maintain sustainable trade relationships and compliant document retention. Understanding the cost of international sales will facilitate strategic decision making and enhance collaborative opportunities.

Join this webinar collaboration with LCCI Trusted Trainers, International Trade Matters Ltd and learn from trade expert Linda Middleton-Jones, the best strategies and considerations to get your price right the first time around and avoid costly oversights.

An introduction to Incoterms® and their importance to international trade. Understand the history and purpose of Incoterms®, how they are used, the practical issues to be considered, and sources of additional help and information. Commercial matters will also be discussed including the impact of Incoterms® on costs and profitability. The definition of each Incoterm® will be covered as well as practical topics such why EXW is not suitable for international trade. An understanding of Incoterms® is fundamental to international trade.

Course Contents

• History and background of Incoterms®
• The Incoterms® rules and how to use the terms
• What they do and what they don’t do
• A review of each of the terms
• Why EXW is not suitable for international trade and what to use instead
• Sources of help and advice

This introduction course is aimed at anyone involved in international trade who needs to understand customs. The course will cover the role of HMRC and practicalities such as goods wholly produced in the UK, use of documentation including the EUR1, free circulation, AEO, VAT responsibilities, and the impact of Incoterms®. The course also provides an introduction to customs entries, classification of goods, valuation of goods on import duties, taxes and the Union Customs Code (UCC).

• HMRC and customs procedures
• Origin, Classification of goods and Valuation of goods
• Duties and taxes (UK Global Tariff)
• The Union Customs Code (UCC).
• Sources of help and advice

This course is ideal for companies and sole traders who are looking to ease their temporary export/import procedures of non-perishable commercial goods taken overseas on a temporary basis to be used at events of a commercial nature, such as sports events, exhibitions, trade fairs, or to be used as commercial samples or professional equipment. Delegates will learn all there is to know about ATA Carnets, as the course covers the Carnet journey from beginning to end, sharing with delegates best practices to apply and use the document effectively and make the best of its multiple benefits.

An essential part of being due diligent in International Trade is to ensure your shipment, as well as your goods, are customs compliant, which foresees the possibility of your goods requiring an Export Licence.

But what is this? What is it for? An Export Licence is an authorisation provided by the UK government for any goods considered as “controlled or licensed” which could be military and paramilitary goods, dual use, technology, works of art, plants, animals, medicines and chemicals, just to mention some.

When the traded goods fall into any of these categories, traders will need to apply for export or import licences and learn what compliance responsibilities they have. It is vital that traders are aware of these responsibilities and know the relevant UK authorities to approach to avoid any potential downfalls to the export endeavors.

If you are unsure whether your goods require an export licence, join us at this webinar where trade expert Mike Court, from International Trade Matters will be walking us through the intricates of controlled goods.