There are 9 different types of Letters of Credit (LC) that you can use as payment instruments in your import and export transactions. Each one has its use and advantage.
Master all of these by attending this training comprehensive program.
Eliminate the risk of issuing an LC, correct the improper documentation that may resort in non-payment and losses, and learn the bad tricks used by some companies to victimize others.
We will guide you in everything you need to know about the practical steps in issuing proper LCs and how they work, what to do to avoid more than 20 major pitfall and traps and teach you the actions to take in cases of discrepancies.
This intensive training program will cover new regulations (and the application of UCP 600) involving letters of credit.
We will also present easy-to-understand case studies and samples to highlight best practices pointers and tips, including topics such as cost saving areas in LC operations that your banker will never tell you, overcoming delays in payment in LC transactions, liabilities of banks, remedies and many more!
COURSE DIRECTOR & LECTURER:
Victor Tan, MBA (Strathclyde), ACIB, MInstAM, is an authority in the field of trading and banking with 15 years of banking experience covering the areas of International Trade Finance, Remittances, Guarantees, Import and Export departments.
He has worked with various international banks since 1977 starting with Standard Chartered Bank, and moving on to Amsterdam-Rotterdam Bank, Bangkok Bank, Royal Trust Merchant Bank and finally, Barclays Bank, where he was deputy head for Trade Finance.
Since 1992 he has been conducting highly specialized training in Jakarta, Bangkok, Singapore and the Philippines, including programs for the Bangko Sentral ng Pilipinas and US Embassy in Manila.
He also holds a Master of Business Administration degree from University of Strathclyde, UK and is a qualified Life Associate Member of the Chartered Institute of Bankers, London.
He will teach everything one has to know on how to use various types of letters of credit for one's business advantage.
TRAINING INVESTMENT (inclusive of meals, resource kit and printed copy of certificate of attendance):
โฑ 9,880 โ for those registering on or BEFORE March 14
โฑ 10,880 โ for those registering AFTER March 14
Venue: EDSA Shangri-La Hotel Mandaluyong City, Philippines
This program is best taken with:
โข ๐๐ง๐๐จ๐ญ๐๐ซ๐ฆ๐ฌ ๐๐๐๐: ๐๐ก๐ข๐ฉ๐ฉ๐ข๐ง๐ ๐๐๐ซ๐ฆ๐ข๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐ข๐ง ๐๐ซ๐๐๐ ๐๐ซ๐๐ง๐ฌ๐๐๐ญ๐ข๐จ๐ง๐ฌ
9:00AM | Wednesday, April 15, 2026
โข ๐๐๐ฌ๐ญ ๐๐ซ๐๐๐ญ๐ข๐๐๐ฌ ๐๐ฎ๐ข๐๐ ๐จ๐ง ๐๐จ๐ฐ ๐ญ๐จ ๐๐ฆ๐ฉ๐จ๐ซ๐ญ ๐๐จ๐จ๐๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐๐ฌ
2025
CGBP is an accredited training provider of the Securities and Exchange Commission (SEC); Career Executive Service Board (CESB); BSP's Anti-Money Laundering Council (AMLC); Philippine Amusement and Gaming Corporation (PAGCOR); PRC-Board of Accountancy; Civil Service Commission (CSC); Governance Commission for GOCCs (GCG); DILG through National Association of Local Resource Institutions and other regulatory agencies.
CGBP also offers in-house training and consulting for individuals and institutions. For details and to register, visit www.cgbp.org
Contact Person:
Elisha Afloro
Program Leader
Mobile: (+63 919) 910-8129
Landlines: (+63 2) 8556-8968 or 69
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