LCs from a Credit Manager’s Perspective
Event
- When:
- Tue, October 13, 2020, 10:00 - 11:00
- Category:
- Webinars
Description
General Information
Cost: Members: $95
Non-Members: $195
Registration Includes: One telephone and web connection at one physical location
Time
US: 10:00am – 11:00am ET
*Please remember the time zone differences if you are not on the east coast.*
About the Webinar
It is important to understand letters of credit from a technical perspective such as how, when and why to use letters of credit. Sometimes, however, that information presents perfect world information. Credit professionals need information that goes beyond the basics. They need to understand how to manage real-life scenarios.
Join a live discussion on letters of credit from the perspective of an experienced and seasoned credit manager. Credit managers Karen McLaughlin, ICCE, and Val Venable, CCE, ICCE, will speak with Deutsche Bank’s Fred Dons about the frustrations, challenges and issues credit managers face when using letters of credit.
The webinar will seek answers to questions that credit professionals have:
- Why don’t banks offer alternatives to LCs in high risk areas?
- Why does it take so long to get an LC in place?
- Why aren’t banks embracing online documentation for LCs?
About the Speakers
Fred Dons, Head CTF Flow, Deutsche Bank, Amsterdam, Netherlands
Karen McLaughlin, ICCE, Group Credit Manager, Innospec Limited and Innospec Inc., Ellesmere Port, Cheshire, England
Fred Dons has worked in trade finance for more than 30 years. Currently, Fred covers the large commodity traders for Deutsche Bank’s trade finance organization. He started in trade finance operations in 1989 with AMRO Bank before moving to DB in 1991. In 1994, Fred and two colleagues started the trade finance sales department at DB Amsterdam, where he remained until 2002. In 2003, he became head of trade finance operations for DB Amsterdam, and in 2004, he became head of the European document check team at ABN AMRO before returning to DB in 2006, to serve as the senior sales manager of trade finance. In 2010, Fred became head of trade finance for large cap sales and currently holds the title of director within commodity trade finance.
Webinar Access
Instructions to join the Webinar will be sent to the main registrant's email address the day before.
Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.
