Course code: EXPD - call 0845 071 2801
Overview
Course duration: 1 day.
This practical course helps you to understand and work through the procedures and paperwork involved with conducting international trade.
Correct documentation is vital in international trade and directly impacts on your prospects of securing payment. Good customs compliance is also vital, and can save costs and increase profitability. This practical course provides an overview of the main documentation and procedures involved in a typical trade transaction and will demonstrate how these benefits can be achieved.
Is it right for me?
Suitable for those with little export experience who want to understand the basic terminology and activities involved in exporting. It is also a good refresher for those returning to export.
What will it cover?
Introduction
- Introduction to Export – Benefits & Pitfalls
Key Export Documents
- Commercial Invoice
- Packing List
- Shipping Documents
- Export Licenses
Incoterms®2010
- Understanding Incoterms®2010
- Risks and Responsibilities of Buyer and Seller
- Cost Obligations
Classification of Goods for Export
- Tariff Code/Commodity Code Explanation
- Example of Classification Service
- Customs Notices / Customs Information Papers (CIP)
- Country of Origin Rules
- Authorised Export Status
- Certificate of Origin
- EUR1
- Free Trade Agreements
Payments
- Letter of Credit Overview
- Bid & Performance Bonds
- VAT