How to get paid when trading using a Letter of Credit

What you’ll learn

• Explain the role and structure of Documentary Letters of Credit (L/Cs)

• Apply best practices to manage Documentary Credits effectively

• Identify and avoid common discrepancies in L/C transactions.

Description
Join us for a practical webinar on Documentary Letters of Credit (L/Cs) and learn how to secure payment when trading internationally. We will explore how L/Cs work in practice, the different types available, and how they compare to other methods of payment. The session will focus on helping you avoid common pitfalls by understanding key terms, preparing compliant documents, and presenting them correctly to the bank. Whether you are new to L/Cs or looking to improve your processes, this webinar will equip you with the knowledge to reduce discrepancies, speed up payments, and trade with greater confidence.

 
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Speakers

Catherine Stephens MCIEx (Grad)

Head of International Trade Services, Business West / Bristol Chamber of Commerce

Catherine leads the International Trade Services team at Business West and has worked in international trade for over 27 years. A graduate of the Chartered Institute of Export & International Trade, she specialises in trade documentation, with expertise in Certificates of Origin, ATA Carnets, Letters of Credit, and Customs Declarations.

Catherine is a certified Inspector, Trainer and Assessor for the British Chambers of Commerce (BCC), sits on the BCC Certification Group (focusing on Rules of Origin), and serves on the UKNATACO Advisory Board, which advises the UK Carnet Guaranteeing Association.

A champion for innovation in global trade, Catherine is committed to developing new services and embracing digital solutions that improve speed, security, and ease for exporters. She was instrumental in implementing the world’s first Digital Carnet in 2023 and is currently working with International Chambers of Commerce on Genesis – a new tool to support preferential origin compliance.