Import/Export Contract and International Trade Practices

Import/Export Contract and International Trade Practices

ABOUT THIS COURSE | ASSUMED SKILLS AND KNOWLEDGE | FUNDING INCENTIVES |
 

COURSE OUTLINE | MODE OF ASSESSMENT | CERTIFICATION | APPLICATION PROCEDURE


What is this course about?

This course will develop and extend your knowledge of the contractual terms in details and how to apply them in a practical manner. You will learn how to use the terms to your advantage. You will also understand the rights and obligations of the buyer and seller. This course will show you how usage of contractual terms can be a powerful tool in your international business dealing.
 


Suitable for

 

Shipping personnel, sales & marketing staff, freight forwarder, banker, trader, importer/exporter, businessman, purchaser, and those keen in upgrading their knowledge in international trade.

 


Assumed Skills and Knowledge

 

There are no minimum requirements for this course.
 


 

Funding Incentives

 

 

NTUC union members enjoy 50% (unfunded) course fee support for up to $250 each year when you enrol for courses supported under UTAP (Union Training Assistance Programme). Conditions apply.

For more information, please call NTUC Membership hotline at 6213 8008 or email [email protected] Website: http://skillsupgrade.ntuc.org.sg

 

SkillsFuture Credit (SFC)

With effect from January 2016, Singaporeans aged 25 years and above who received their SkillsFuture

Credit account activation letter will be eligible for an initial credit of $500 which can be used to pay for

course fees for a range of eligible skills-related courses. The credits can be used on top of existing

course fee subsidies/funding.

This is only applicable for self-sponsored applicants. Application via SkillsFuture Portal can only be made starting from 30 days before the course commencement date.


 

Course Outline

  1. Basic Law of Contract * What is a valid contract? * Conditions for offer and acceptance * Vitiating elements in a contract * What constitute a breach of contract?

  2. Incoterms 2010 * Meaning of EXW, FCA, FOB, CFR, CIF, etc * Understanding the obligations of buyer and seller * Incorporation of the trade terms into contract

  3. Shipping Documents * Understanding B/L and AWB and its implications * Operation of invoice and packing list * Certificate of origin and inspection

  4. Payment Conditions * Open account and advance payment *Applications of DA and DP * Step-by-Step operation of L/C *Irrevocable L/C

  5. Understanding UN-CISG * Scope of application * How a contract is formed? * Rules concerning the Sales of goods * Remedies of buyer and seller

  6. ICC contract model * Specific and general condition of the contract * Meaning of title and limitations of liability * How disputes are settled in international trade * How to apply the Force majeure clause
     

 

Mode of Assessment


There is no assessment for this course.

 


 

Certification

 

A Certificate of Attendance will be issued to participants whose attendance is not less than 75%.


Application Procedure
 

1. All applications must be made via Online Registration at www.pace.sp.edu.sg

Online Registration

i) Fill up the electronic form.
ii) Once completed, click on the 'Submit' button.
iii) You will receive online acknowledgement that you have successfully submitted the registration.
iv) Singapore Polytechnic will then register and enrol upon payment of the fees.
For clarification, please email us at [email protected]

Course fees can be paid by the following payment modes: a) For E-payment using Visa/Master cards, please click on the ‘Make e-Payment’ button on the acknowledgement page to proceed.

b) For NETS payment, you can pay at:

Singapore Polytechnic
PACE Academy
Blk T1A, Level 1
Mon-Fri: 8:30am to 8:00pm
Sat: 8:30am to 12:00pm

c) For Cash payment, you can pay at:

Singapore Polytechnic
Finance Department
Admin Building, Level 2
Mon-Fri: 8:30am to 5:00pm

d) For Cheque payment: Please make cheques payable to “Singapore Polytechnic”. Please cross the cheque and write the Registration Reference ID, Applicant Name and NRIC/FIN number on the back of the cheque. Mail the cheque to:

ATTN: Manager (Short Programmes)
Singapore Polytechnic
PACE Academy
500 Dover Road
Blk T1A, Level 1
Singapore 139651

Please note that an administrative charge of $15 will be imposed for any returned cheques from the bank or financial institution.

2. All successful applicants will be notified with a letter of confirmation via email.

3. Withdrawal and Deferment

Withdrawal and deferment notice must be made in writing to the Professional & Adult Continuing Education (PACE) Academy via email to [email protected]. For withdrawal cases, the portion of course fee to be refunded is based on the date of notice as follows:

• 2 weeks before the commencement of the course - Full refund
• Less than 2 weeks before commencement of the course - 70% refund
• On or after date of commencement - No refund

The Singapore Polytechnic reserves the right to cancel or postpone any of the courses. Applicants will be duly notified and where applicable, the full fees will be refunded.

The Singapore Polytechnic also reserves the right to amend the fees charged or the period and duration of the courses.

The data provided to Singapore Polytechnic will be kept strictly confidential and will be used for the purpose of course administration. The data may be passed on to the relevant organisations that require the information related to the course.

 


 

IMPORTANT DATES

 

Registration Date:
27 Sep 2016 to 19 Feb 2017

 

Please note that once the maximum class size is reached, the online registration will be closed.

 

Application Procedure

 

Course Date:

06 Mar to 07 Mar 2017

(Mon & Tue)
 

COURSE DETAILS

Venue: Singapore Polytechnic

 

Duration: 14 hours

 

Time: 9am to 5pm

 
 

COURSE FEE

For Public:

$400 (before 7% GST)


10% Discount for SP Alumni (Applicable to Individual Only)

To enjoy this discount, you must be a Diploma Graduate from Singapore Polytechnic.

Applicants who make a false declaration to enjoy the discount will be subjected to paying up to the full course fee and/or be legally persecuted.

 

As part of:

For Seniors (Singaporean who aged 50 and above):

$228 (with 7% GST)

HOW TO APPLY

 

 

ELIGIBLE FOR SKILLSFUTURE CREDITS

Terms and Conditions