Understanding UCP 600          Download Brochure

By the end of this course you will be able to:

.Introduce the UCP600 to participants

.Be able to issue a letter of credit

.Be able to apply the 39 articles of the UCP600 to real life situations

Course Outline:

.Application, Definitions, Interpretations

.Credits v. Contracts, Documents v. Goods, Services or Performances

.Availability of Credits by Payment, Deferred Payment, Acceptance and Negotiation

.Expiry Date and Place for Presentation

.Complying Presentation, Examination of Documents and notice of Refusal of Discrepant documents.

.Original Documents and Copies

.Liabilities and Responsibilities

.Trade Documents

.Transferable Credits and Assignment of Proceeds

Target Audience:

.Trade specialists at the trade services dept.

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Prerequisites:

.Attend the International trade fundamentals course or, have at least two years trade services experience

This course entitles you to attend:

.Documents examination according to ISBP 745

Upon successful completion of this course, participants will obtain:

.Certificate of Attendance