This five days’ course will explain to participants the 39 articles of the uniform customs and practices for documentary credit publication # 600
.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
.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
.Trade specialists at the trade services dept.
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.Attend the International trade fundamentals course or, have at least two years trade services experience
.Documents examination according to ISBP 745
.Certificate of Attendance