This course focuses on the crucial aspects of international trade payment tools, primarily "letters of credit" and "letters of guarantee". Understanding and utilizing these tools correctly are vital for import and export operations, fostering trust and mitigating financial risks. Topics covered include the concept, types, and characteristics of documentary credits, payment methods, bank codes, credit coverage, and documentation importance. Additionally, the course explores letters of guarantee, their types, division, characteristics, rules, and procedures for effective utilization. You will gain a deeper understanding of these financial instruments, empowering them to enhance business operations, minimize financial risks, and bolster trust with trading partners.