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Picture for category letters of guarantee & Standby letters of credit

letters of guarantee & Standby letters of credit          Download Brochure

Demand guarantees & standby letters of credit are independent undertaking commonly used as banking instruments at local and international markets. This course is designed to help the practitioners at the preliminary and intermediate levels to understand the nature of each instrument , their types , usages and covering rules

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

.The independent nature of demand guarantees and standby letters of credit.

.All types of demand guarantee and standby letters of credit.

.Dealing with demand guarantee and standby letters of credit to protect all parties’ rights.

.The covering rules of each instrument.

Course Outline:

.The independent principle.

.Key features of demand guarantees and standby letters of credit.

.Types of demand guarantees and standby letters of credit.

.Covering rules of demand guarantees and standby letters of credit.

Target Audience:

.Guarantees, Trade finance, Audit and Legal departments employees.

5 Days

Prerequisites:

.Uniform rules for demand guarantees 758

This course entitles you to attend:

.The international standard demand guarantee practice for URDG 758

.Uniform rules for demand guarantees ' URDG ' 758.

.URDG 758 and ISP 98 comparison

Upon successful completion of this course, participants will obtain:

.Training attendance certificate.

Arabic