Objective of Training

The aim is to provide participants with detailed information on the risks they may encounter by addressing the delivery methods and each payment method within the scope of Foreign Trade Transactions in accordance with international practices and rules, and to equip them with operational skills.

Delivery Methods, Payment Methods and Risks in Foreign Trade

28.11.2025 10:00 • 29.11.2025 16:00 • 2

Delivery Terms in International Trade

DELIVERY TERMS IN INTERNATIONAL TRADE (INCOTERMS 2020)

The purpose of delivery terms

Obligations of the parties

Legal delivery points

Transfer of risk

Distribution of Costs Between the Parties

Introduction to Delivery Terms E, F, C, D Groups

EXW Ex Works

FCA Free Carrier

FAS Free Alongside Ship

FOB Free on Board

CFR Cost and Freight

CIF Cost, Insurance, and Freight

CPT Carriage Paid To

CIP Delivered with Freight and Insurance Paid

DAP Delivered at Place

DPU Delivered at Place Unloaded

DDP Delivered Duty Paid

Payment Methods in Foreign Trade and the Risks They Carry

The importance of payment methods for the parties

Factors to consider when selecting a payment method

Advance Payment (Down payment/ Advance payment) - Definition - How it works - Points for the parties to consider and potential risks

Cash Against Goods (Open Account) - Definition - Operation

TKBB 2025-2026 1st TERM EDUCATION PROGRAMME

Points to note and potential risks

Documents Against Payment (Collections/Cash Against Documents) - Definition and applicable legislation: UCP 522 - Operation - Matters requiring attention and potential risks

Acceptance Credit - Definition and applicable legislation: UCP 522 - Operation - Matters requiring attention by the parties and potential risks

Letter of Credit

Definition of the Letter of Credit / Applicable Legislation (UCP 600)

Parties

Benefits of a Letter of Credit for the importer

Benefits of a Letter of Credit for the exporter

The role of banks in the letter of credit payment system

Opening of a letter of credit and operational processes

Information that must be included in the letter of credit text

Analysis of the Letter of Credit Text within the framework of UCP 600 rules (from the perspective of the importer and exporter)

Types of Letters of Credit

Irrevocable Letter of Credit

Unconfirmed Letter of Credit (Unconfirmed L/C)

Confirmed Letter of Credit (Confirmed L/C)

Letters of Credit by Payment Method

Payment upon presentation of documents (Sight Payment)

Acceptance

Deferred Payment

Prepaid (Red-Green Clause Letter of Credit)

Financing-Featured Letters of Credit - Transferable Letter of Credit (Transferable L/C)

Back-to-Back Letters of Credit

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This programme is suitable for specialists and senior staff working in relevant departments of banks.