The Key Things Which You Must Be Known as An Commercial Executive.
As an Commercial executive you must have the primary knowledge of those 5 subject.
1. Letter Of Credit (LC): LC and LC related knowledge. LC field, LC value, Shipment date, Expiry date, Shipping terms, Other condition, transfer of LC, Amendment of LC, Bank to Bank document sending, Documents Endorsement etc.
2. Foreign Exchange: Payment receive, Reasize process with bank, Bank documents, Authorization, Payment sending, Swift, ORQ etc.
3. Local Bill: Local RTGS, TT, FDR, Fund Transfer, Check pay, Cash pay, Debit note, Bill etc.
4. Export Documents: Sales contract, Bill of loading, Airobill, Commercial Invoice, Proforma Invoice, Certificate of origin, Bill of Exchange, Shipper NOC, Bank NOC, Forward, Packing list etc.
5. Lien of Documentary Credit: What is Lien of D/C, why mandatory, Lien of L/C, Lien of S/C, Relation Between Payment receive amount ant Lien amount, Lien letter, documents of lien etc.
If you know the above particular clearly you can almost lead the commercial activities easily.
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