Methods of Payment | International Trade Training Courses - LCCI
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Methods of Payment

This introductory course will provide an overview of the principal methods of payment used in international trade, including Cash in Advance, Letters of Credit, Documentary Collections, Open Account and Consignment, and outline the associated risks and advantages of each.

It is designed for those working in international trade who are involved in managing overseas payments or wish to gain a clearer understanding of the different payment methods available.

 On completion of the course, delegates will know how to ensure smooth and secure transactions between their business and international customers. 

Course Contents

  • Identification of types of International Payment methods 
  • Examination of documents required 
  • Types and levels of security 
  • What can go wrong? 
  • Top tips for success every time UCP600/ISBP 
  • Changes coming in 2026 
  • Sources of help and advice 

Event Price and Dates

Price

Price

LCCI member: £300.00 + VAT
LCCI Community Participants: £350.00 + VAT


Non-members will be able to book training courses by registering to our free of charge Community Network.  

Dates

Dates

We run this training course multiple times a year. To find out about future training dates, please complete the enquiry form.

Format

Format

This course is online.

Who Should Attend?

This introduction course is ideal for personnel who administer the documentation, sales, purchasing, dispatch, logistics, Freight Forwarders and companies embarking into the export world. This is also an excellent refresher for those already working in International Trade and for those going into new territories. Essential learning for accounts, export and sales teams.

This course can also count as a credit towards the British Chamber of Commerce Foundation Award in International Trade. Candidates attending six or more courses and obtaining six or more credits receive the Award.

This training is delivered in collaboration with LCCI’s Trusted Trainers International Trade Matters as part of the Nationally Accredited Chamber Network.

Find out more about the cancellation terms.