Course introduction

This is a very special course which is specially prepared and designed not only for the beginners but also for those who are currently engaged in the activities of import & export but are not too conversant with their documentation and procedures. This course is conducted in a very professional systematic manner and is divided into the following topics for discussion.

Target Audience

Age 16 and above.

Course Outline

Methods of payment in International Trade

Open Account
Documents Against Acceptance
Documents Against Payment
Documentary Credits

Documents Letters Of Credit

Revocable/Irrevocable Credit
Confirmed/Unconfirmed Credit
Restricted/Unrestricted Credit
Transferable Credit
Back to back Credit
Revolving Credit
Red Clause Credit

Bill Of Lading, Its Different Kinds And Functions

Received for shipment Bill of Lading
Shipped on board of Lading
Combined Transport Bill of Lading
Through Bill of Lading
Groupage Bill of Lading

How to Ensure Accurate Documentation

Bill of lading
Bill of exchange
Commercial invoice
Consular invoice
Customs invoice
Pro-forma invoice
Insurance policy/Certificate
Mate's receipt
G.S.P Certificate of origin
Sanitary Health Certificate

Articles Governing The Operational Of Documentary Credits And The Application Of The 'UCP' ICC Publication No.500 To Cases Of Dispute.

How To Comply With The Credits Terms - Case Study

Introduction To International Trade Terms And It's Rules For The Interpretation Of Such Terms In Foreign Trade.

INTRODUCTION

Trade Regulation Of Singapore
The Trade Develoment Board, it's Principle
Functions and Documentation Services.
Organisation Of Singapore Customs

IMPORT DOCUMENTATION AND PROCEDURES

How to declare Imports
Singapore Trade Classification-CCCN Coding
Shipping Identity and it's functions
Delivery Orders
Procedures on deleveries of cargo through PSA transit shed.

CUSTOM PROCEDURES

Registration of Specimen signature
Function of the revenue branch
Duty payment Declaration
Duty exemption Certificate
Duty exemption of trade samples

EXPORT DOCUMENTATION AND PROCEDURES

How to declare your Exports
PSA Shipping note and it's function
Procedures on Exports of Cargo through PSA transit shed.

PORT OF SINGAPRE AUTHORITY TARIFF

Charges to the account of shipper or consignee
Wharf handling charge local cargo -Wharf handling charge Transshipment/Re-Export Cargo
Store Rent on local import/export cargo
Store Rent on Transshipment/Re-Export Cargo

CONTAINERISATION

What is Containerisation
FCL container/LCL container
Container terminal
Container yard
Container Freight Station
Procedures on the clearence of FCL/LCL cargoes

Duration
TYPE / PART-TIME
Local / 15 hours

Method of Delivery

Lecture

Award Criteria

Students, who satisfy the minimum attendance requirements (75%) will be issued with the ?Certificate of Attendance? by BMC.

Fee Structures

All fees are subject to the prevailing Goods and Services Tax (GST) unless specified otherwise.
Course Application Fee is NOT REFUNDABLE.
Do not pay your school fees before you have signed the standard student contract.
All fees quoted are in Singapore Dollar (S$).
Fees are subject to periodic changes without prior notice.
BMC accepts the following methods of payment:

            1.Cash
            2.Cashier's order payable to BMC International College Pte Ltd
            3.Cheque payable to BMC International College Pte Ltd
            4.NETS
            5.Credit cards (VISA, Mastercard, Diners Club & American Express)

Full-Payment Structure

Fees Breakdown(shows the full breakdown of total payable fees) Total Payable(S$)
Course Application Fee (not covered under FPS and not refundable) - $50.00
Tuition Fee (Original Tuition Fee $480 - Discount $120) - $360.00
Course Material Fee - $20.00
Sub-Total Fee (Except Non-GST items) - $430.00
GST - $30.10
Grand Total Amount(1st Payment) Incl GST & Course Application Fee - $460.10

Miscellaneous Fees

Purpose of Fee Amount (S$) and When Payable
Late payment fees - $60.00(before GST) - $64.20(after GST)
Replacement of student membership card - $30.00(before GST) - $32.10(after GST)
Re-take examination Admin Fee(per re-sitting)[NO GST] - $50.00[NO GST]

SDF Fee Structure

SDF(SME)
A. Tuition Fee - $2 per trainee-hour
Tuition Fee - $480.00
Add: GST(7%) - $33.60
Less: Subsidy - $30.00
Total Tuition Fee - $483.60

B. Miscellaneous Fee Amount (S$)
Course Application Fee - $50.00
Course Material Fee - $20.00
Nett Non-Tuition Fee - $70.00
Add: GST(7%) - $4.90
Total Non-Tuition Fee - $74.90
Grand Total (A+B) - $558.50

Total training duration in hours = 15

Remarks:

SDF training assistance covers only the course fees portion(excludes GST, Registration/Admin. Fee, Training Material and Exam Fees)
SDF support level - Non-Examinable course

Miscellaneous Fees
Purpose of Fee Amount (S$) and When Payable
Late payment fees $60.00(before GST) - $64.20(after GST)
Replacement of student membership card -$30.00(before GST) - $32.10(after GST)
Re-taking examinations Admin (per re-sitting)[NO GST] - $50[NO GST]

COURSE DURATION TABLE
TYPE FULL-TIME PART-TIME
Local / N.A / 15 hours
SDF / 15 hours / N.A
International / N.A / N.A

Ang Mo Kio Commencement Dates/Timing