Sale Date Ended
This 90-minute webinar will take an in-depth look at how standby letters of credit work and the reasons they sometimes don’t. Participants will learn how to protect themselves against non-payment.
Why Should You Attend:
Many people think of standby letters of credit as nearly equivalent to cash. What they don’t realize is that many letters of credit don’t get paid when called upon. Most often this is due to misunderstanding how standbys work and then failing to present the documents correctly; indeed, occasionally it is not even possible to present the documents that are called for.
Who Will Benefit:
Credit and collection managers
Walter (Buddy) Baker, has over 30 years of experience in international trade finance. In May 2009 he joined Fifth Third Bank where he heads their Global Trade Solutions Delivery team. Fifth Third is one of the 20 largest banks in the US and provides a full range of risk mitigation and financing products for exporters and importers. Prior to Fifth Third, Buddy worked for Atradius Trade Credit Insurance, ABN AMRO Bank, Bank of America, Wachovia Bank, and The First National Bank of Chicago.
Use coupon code NB5SQH8N and get 10% off on registration, Valid till Dec 31st 2015.