Documentary collection URC522 Download Brochure
Understand the concept of documentary collection.
Use the 26 articles of URC522 in solving collections problems.
Understand the legal requirements and effects of bills of exchange.
By the end of this course you will be able to:
Course Outline:
.Definition of collection
.Parties to a collection
.Collection instruction
.Presentation
.Release of commercial documents (D/A – D/P)
.Creation of documents
.Documents vs. goods
.Disclaimers under the URC 522
.Partial payments
.Interest & charges
.Bill of exchange under the URC 522
.The obligatory advices under URC 522
Target Audience:
.Trade specialists working in the collection dept
2 Days
Prerequisites:
.None.
This course entitles you to attend:
Upon successful completion of this course, participants will obtain:
.Training Attendance Certificate.
Bilingual
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