
MTL – Modern Trends of L/Cs Under UCP600
DATE
01 - 01 Jan, 1970
LOCATION
TBD;
Why Attend?
Understanding the most recent trends for documentary credits is a crucial topic for exporters. This course is designed to get familiar with such trends and its interrelationship with various financial instruments.
Course Objectives
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By the end of the course participants will be able to:
Know the documentary credit operations under UCP600;
Get acquainted with the International Standard Banking Institute Practice (ISBP 821);
Know the new ICC's issue under (UCP600) ; and
Understand the methods of international trade finance including interrelationship of various financial instruments and INCOTERMS 2020
Target Audience
Export/ Import specialists
Specialists working in the field of letters of credit & collection.
Export/ Import managers
Payment methods in international trade
Modern trends for documentary credits towards UCP600
Legal framework for payment instruments (UCP 600 – URC 522 – ISP 590 – ISBP 821)
Overview for the rules of D/C UCP 600
Opening mechanism for electronic D/C
Liabilities and responsibilities of the banking involved in credit
Types of credit
Credit as financing instruments
Types of documents Negotiated under D/C
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