Complimentary ICTF Webcast: An Overview of International Credit Terms/Payment Methods
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2/23/2017
When: Thursday, February 23, 2017
11:00 AM EST - duration 60 minutes
Where: ONLINE
Contact: ICTF


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An Overview of International Payment Terms

*This webcast has been recorded. Contact info@ictfworld.org for digital replay.

A detailed overview of international credit terms/payment methods. Learn about the advantages, disadvantages and applications of the various international credit terms and payment methods as well as the risks they each pose. Understand what risks each of the terms brings and when to use them. If you are not one hundred percent current and know how to converse with your customers, you are putting yourself and your company at a disadvantage.

- Cash in Advance, Letters of Credit, Sight Drafts, Documents against Payment, Cash against Documents, COD, Documents against Acceptance, Time Draft, Date Draft, Open Account...the list is long. Not to be missed!

Duration: 60 minutes

*This webcast has been recorded. Contact info@ictfworld.org for digital replay.

Speaker: Buddy Baker, RGCP, Vice President - Goldman Sachs

*unlimited number of participants from the same location in a conference room setting - one telephone line and internet connection

ICTF Members:   FREE  /  Non - Members:  $125   

Your Log on information will be emailed the day before the webinar date, and resent again on the day of the webinar.
Please make sure to check your email and contact us before the webinar start time.

 

SPEAKER BIO:

Walter (Buddy) Baker is an experienced Global Trade Finance Banker, Letter of Credit Expert, Global Trade Risk Management Consultant & Trainer. With over 30 years of experience in international trade finance, he is a recognized expert and author of numerous magazine articles and the books Users' Handbook for Documentary Credits under UCP 600, Documentary Payments & Short-Term Trade Finance, and The Regulatory Environment of Letters of Credit and Trade Finance. He makes frequent presentations for national associations of exporters, importers, bankers, and lawyers. Mr. Baker is actively involved in establishing national and worldwide standard practices for L/Cs, such as the latest revision of the Uniform Customs and Practice for Documentary Credits (referred to as "UCP600"), the official ICC guide for examining letter of credit documents, called the International Standard Banking Practices for the Examination of Documents under Letters of Credit ("ISBP"), the "eUCP" supplement to the UCP, dealing with electronic documents, the International Standby Practices ("ISP98"), and Article 5 of the Uniform Commercial Code.

He has acted as an advisor to the Wolfsberg Group, an international group that includes most of the largest banks in the world, whose purpose is to set standards for combating money laundering, and to the Institute of International Banking Law & Practice. Buddy
currently serves on the Board of Directors of the ICTF. He earned his undergraduate degree from Yale and his MBA from Northwestern.

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