The ICC Rules for Documentary Credits, Standby Letters of Credit & Demand Guarantees
Offering the client a unique opportunity to tailor a course or series of courses to fulfil their training requirements with regard to the new framework of ICC rules relating to banks’ trade finance instruments, our new in-house portfolio is modular in structure with indicated timings for each topic. All modules cover both technical and legal aspects and most incorporate interactive case studies and workshops to illustrate and analyse the issues arising.
You can construct a course concentrating on the changes made by UCP600 or comparing UCP600 with ISP98 for standby issuers and clients or analysing the rules and context of using standby LCs as compared to demand guarantees. Courses can be constructed for periods of one to four days and can be readily adapted for bank – client audiences.
Each topic includes an indication of the normal contact time required but in specifying your course, please remember that speakers and participants need breaks – a normal training day will be structured in terms of two morning sessions of 1.5 to 2 hours each with a 15 minute refreshment break, an hour for lunch and two afternoon sessions again with a refreshment break. In practice, a training day will optimally consist of 7- 8 hours of active training.