Day long workshop on “Banking, L/C, Customs Procedures of Export - Import Business”

- Registration Fees Per Person 3,000Tk. Only (Excluding VAT & Tax)

Workshop Jointly Organized By: Institute of Professional Development Programs (IPDP) & Bangladesh Professional Skills Training Institute (BPSTI) 

Vanue : Chattogram

 Introduction:

Customs, Shipping, and Government stakeholders are playing major role for import and export of goods and these organizations have important functions in the export import trade chain. Due to lack of clear understanding about the customs rules, regulation, procedure of shipping, role of shipping agent, business professionals face troubles in doing the business smoothly.

Businessmen have to follow a complex customs procedure in the way of import and export. This course will help understand the process of clearance of goods from customs and minimize the expenses at every stage as well.

Contents of workshop:

1. International Trade:  An Overview
2. International Trade Policies, Regulations, Guidelines & Practices:

• Salient Features of Import Policy Order (IPO) 2015-18
• Salient Features of Export Policy Order (EPO) 2015-2018
• Foreign Exchange Regulations Act -1947 (With up-to-date amendments)
• Guidelines for Foreign Exchange Transactions of Bangladesh Bank (BB)
• Foreign Exchange Circulars issued by Foreign Exchange Policy Department of BB
• Incoterms-2010
• URC -522
• UCPDC-600 (UCP-600)
• ISBP-745 and, other related ICC publications

3. Banking Formalities
4. Role of Banks in Imports & Exports Business
5. Custom Formalities related Imports & Exports
6. Functions of Clearing Agent
7. Functions of Forwarding Agent
8. Various Trade Payment Methods
9. What does a Collection Mean?
10. Terms of Payment: D/P, D/A
11. Handling of collection: Clean Collection and Documentary Collection
12. What are the Documents Handled under Collection?
13. Documentary Collection Procedure/ Documentary Draft Transaction
14. Risks those are Inherent under Collection/Contract Procedure.
15. How Exporters May be Protected against Exports under Contract Procedure?
16. UCPDC (ICC Publication No.600)
17. Introducing L/C
18. Types of Letter of Credit (LC):

• Sight Payment Credit
• Deferred Payment Credit,
• Acceptance  Credit or
• Negotiation Credit
• Unconfirmed Credit
• Confirmed Credit
• With Recourse Credit and without Recourse Credit
• Transferable Credit
• Standby Credit

 19. Special Types of LC.

• Back to Back L/C
• Red clause and Green clause L/C
• Revolving L/C

20. Parties involved in Documentary Credit (L/C) Operation: Applicant; Beneficiary; L/C Issuing   Bank; Advising Bank; Nominated Bank; Confirming Bank; Negotiating Bank; Claiming Bank; Reimbursing Bank

21. Advising of Credits and Amendments (Article - 9)
22. Amendments (Article -10) 
23. Nomination (Artilce-12); Functions of Nominated Bank
24. Import Procedures
25. Duties & Taxes applicable for Importable Goods
26. How to calculate Costs of Importable Goods?
27. Export Procedures
28. Export by sea –steps involved in shipping of goods by sea
29. Documents Used in Documentary Credit Operation (Article 18 – 28)
30. Examination of Documents (Article-14)
31. Discrepant Documents, Waiver and Notice (Article-16)
32. Disputes and Settlements of Disputes
33. Familiarizing with Forms/Documents that are necessary for opening of L/C (such as, L/C Application Form; LCA Form; IMP Form; Proforma Invoice (PI)/Indent; Insurance Cover Note/Policy and, any other forms/documents if required, as per Import Policy Order (i.e. IPO) and their uses/ implications 
34. Many more

Lecture Sheet/ Handbook Revision
Ø  Job related Question & Answers Session
Ø  Introduction of other reference books
Ø  Certificate Distribution

 Extra Facility:

For Registration:

IPDP, Dhaka - Cell: 01302272564, 01867397323, 01946752388

Email: ipdptraining@gmail.com,   training@ipdpbd.com

BPSTI, Chattogram

Cell: 01751744130
Email: info@bpsti.com