3 learning hours
The ICC Academy Export/Import Certificate (EIC) provides knowledge to a broad audience of international trade professionals—such as export and import managers, trade finance bankers, forwarders and carriers, customs brokers, private and government inspectors and auditors, insurance providers, trade lawyers and trade promotion executives.
The EIC is all you need in order to succeed in international markets. This easy-to-understand introduction to international trade is at the same time a detailed handbook for the experienced practitioner
Although payment provisions are crucial in all commercial transactions, they are an especially critical aspect of international transactions because exporters and importers have very different interests regarding the payment method. This course will start with a broad overview of the various payment
instruments including the widely used Documentary Credit (also known as “letter of credit”) and the international rules that govern it. It is crucial for anyone involved in international trade to distinguish between these instruments when conducting a transaction.
Module 1 International Payment Options
Module 2 Focus: The Documentary Credit
Module 3 Focus: Factoring and Forfaiting
Module 4 Securing International Transactions (Guarantees, Bonds, and Standby LOC)
Module 5 Case Study & Assessment section
This eLearning course will include a self-assessment tool to help you prepare for the 60-minute final examination if you choose to obtain the EIC Certificate.
How does this work? Once you have completed the prerequisites you will be prompted to log into the examination portal directly from your ICCA account. You will only need to select the date and time for your exam—that’s it! (webcam and high-speed internet required). The passing grade is set at 70%.
What is an ICC Academy online course?
ICC Academy courses are delivered via our Learning Management System (LMS) using innovative tools for combining digital learning with industry-centric community discussions.
Our courses are available for purchase individually or as pre-designed packages (ie: Certificates) and are delivered exclusively online. They include videos, animations, case studies, and a self-assessment section and are available to take at any time—anywhere in the world.