UNDERSTANDING INCOTERMS 2020, CUSTOMS PROCESS & TRADE FINANCING INTERNATIONAL AND DOMESTIC TRADE
UNDERSTANDING INCOTERMS 2020, CUSTOMS PROCESS & TRADE FINANCING INTERNATIONAL AND DOMESTIC TRADE
Why Should You Attend This Program?
Incoterms is the rule of delivery.
Failure to understand the various Incoterms rules created problem for buyer and seller in international or
domestic trade.
Common problems faced by many buyers and sellers when conducting domestic or international trade
for example;
a) What will be my risk by using Incoterms that another party chosen?
b) Is there any benefit to use this particular Incoterms?
c) What will be my obligation and the other party obligation?
d) Is this Incoterms allowing me to have better opportunity and less risk as a seller?
e) Buying with an Incoterms of my choice, how do I decide which one to select?
f) Am I using the right rules with the Incoterms selected?
g) What will happen if I use a particular Incoterms but not the rule assigned to it?
h) How can I guarantee my payment will be paid without delay?
i) How do I negotiate for the best Incoterms and avoid hidden cost?
These are some of the questions many will be asking.
By attending this program, you will able to decide appropriately the safe mode of delivery and eliminate
some of the misunderstanding between buyer and seller.
This program is to allow participants of the program to develop knowledge on the different type of
Incoterms, understand the rules, benefit and risk.
Who Should Attend This Program?
Key participants which are encourage to attend this program will be those involved in procurement or purchasing, logistics, shipping, sales, warehousing, finance and top management who are keen to understand the benefit and risk
of Incoterms.
How to Submit an Enquiry to Us
- Start a conversation via live chat located at the bottom left of our website by stating: “Hi, my name is [your name]. I am interested in the [program name] program.”
- We will promptly respond to your enquiry regarding the training program you’re interested in.
- Alternatively, you can visit our main page at otc.com.my and fill up the enquiry form provided below.
