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Incoterms courses and certification

Courses and certification

If you wish to do an incoterm 2020 certified course, then you have chosen the right place to come. Connect2india is soon going to announce the online training programme partnership on the Incoterms Rules 2020. The Incoterms Rules 2020 will help you and give you the knowledge of how ICC’s international premier trading tool performs, the Incoterms Rules 2020 is a set of 11regularly-used standard trading terms in international trade.

Overview of this incoterms Course

  • It provides you a Comprehensive training, which is also approved by Connect2india
  • Free one year supply of Trade Finance Talks Magazine

People are very keen to do this comprehensive course as it builds your confidence in choosing the right incoterm rule for the right transaction, in giving advice to colleagues in an organisation whenever any issue arises while executing any of the transaction, things related to logistics, finance and insurance personnel in other companies that are all related to the transactions. This course is likely to be increases in early September 2019 and is available in English language.

Who is eligible for this course?

All the employees who are working in companies in different areas of international trade, can pursue this course as this course will help them in excelling in their field once they do this course. Mainly, corporate, trade and logistics specialist and legal regulatory experts are the people who are going to be benefited from this course.

Corporates

International businesses that don’t clearly understand the term they need to use in their business, what risks are entering contracts, without knowing how the goods will be transferred. This course will help them in identifying how to best incorporate the Incoterms Rules 2020 into a sales contract.  By completing this course, students will be able to recognize what is the difference between the obligations of the Buyer and Seller in terms of costs and risks. This course will also help them learn how to distinguish between what the Incoterms Rules 2020 do and do not cover, including the changes in this version, and what is required for each term.

Trade and Logistics

This course is great for those who are trade and logistics specialists as it help to limit misused Incoterms, which can further create big issues in your supply chain; payment of goods, delivery schedules, increased costs, poor inventory control, and negative customer interactions. After the Students will be done with the course, they will be able to discover the structure of the new Incoterms Rules 2020 according to the 10 key obligations and will be then able to classify how each Incoterms 2020 Rule and their different families deal with different aspects of a trade transaction. In addition to that you will also learn to simplify international transactions where laws around insurance, payments and responsibility for goods vary hugely from country to country.

Legal and Regulation

This course will also help to learn how to simplify international transactions where laws around insurance, payments and responsibility for goods vary hugely from country to country. Some countries do not have regulations which mentions what terms must be used meaning you could miss out on business opportunities when a party offers less favourable terms. Using Incoterms 2020 in international trade will also help to reduce the incidences of bribe and business practices which is not fair to practice.

What do you mean by Incoterms 2020?

What do you understand by Incoterms? These are the authoritative rules that clearly define all the responsibilities that come between buyers and sellers of goods and services and ensures the delivery of sales contracts. They’re globally recognized, enable clarity in contracts, and could avoid costly trade disputes, claims and litigation.

Incoterms 2020 is the latest update of the Incoterms rules and will be coming into programming at midnight on the first of January, 2020. Incoterms were first introduced in 1936 by the International Chamber of Commerce (ICC) in order to simplify communicational short falls that are usually involved with international trade.

Simply put, Incoterms are hugely important for all those who wish to sell or move goods overseas. So whether you’re an importer or exporter, freight forwarding company or trade financier, credit insurer or law firm, it’s likely that you use Incoterms if you wish to govern trade.

Why Study an Incoterms 2020 Course?

You get an opportunity to Learn from the experts:

A comprehensive Incoterms Rules 2020 guide is prescribed to you which is written by experts

Essential knowledge is gained:

All the monetary and procedural aspects of international shipping practices are defined by Incoterms 2020. This course becomes essential when you wish to ensure that you are getting all the payment of goods and services in a timely manner.

Futureproof your business:

The Incoterms 2020 rules give you a common framework that you can rely on, even when new technologies, government policies and environmental regulations are constantly leading to the shift of the global trade landscape

24/7 access:

You will get all of our recommended courses online so they can be taken at any time of day, from anywhere in the world. Learn at your own pace with a course that fits your schedule.

Course Overview

  • Introduction to Incoterms® 2020 Rules
  • 2010 versus 2020 – What has changed?
  • Multi-modal Incoterms
    • EXW Ex Works
    • FCA Free Carrier
    • CPT Carriage Paid To
    • CIP Carriage And Insurance Paid To
    • DAT Delivered At Terminal
    • DAP Delivered At Place
    • DDP Delivered Duty Paid
  • Sea and Inland Waterway Transport
    • FAS Free Alongside Ship
    • FOB Free On Board
    • CFR Cost and Freight
    • CIF Cost, Insurance and Freight
  • Most Common Mistakes and how to avoid them