tools to enhance trade finance · 2016. 11. 17. · handbook ts: one t. wo ties credit credit....

TOOLS TO ENHANCE TRADE FINANCE

Universally accepted rules and guidelines for international banking practice, from the ICC Banking Commission, the world’s essential rule-making body.

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PUBLICATIONS

The ICC Banking Commission is the world’s leading rule-making body for the banking industry, producing universally accepted rules and guidelines for international banking practice. Accompanying guidelines and handbooks will help you make the most of international financial markets. Most of our publications are also available in handy e-book format.

ICC Uniform Customs and Practice for Documentary Credits - UCP 600 ICC Pub. No. 600E, €25 Check www.iccbooks.com for translations in your language.

ICC’s rules and guidelines on documentary credits, UCP 600, are the most successful privately drafted rules for trade ever developed, serving as the basis of US$2 trillion worth of trade transactions a year. They have been translated into more than 30 languages and used by bankers, lawyers, transporters and academics the world over.

Users’ Handbook for Documentary Credits under UCP 600 ICC Publication No. 694, €65

Users’ Handbook for Documentary Credits under UCP 600 as an introduction for users of documentary credits, that is, to sellers and buyers who seek to increase their access to cross-border markets. It strives to demonstrate the way commercial parties and bankers have used this remarkable commercial device, the documentary credit, to achieve their objectives.

Users’Handbook for

Documentary Credi

ts

under UCP 600

WALTER (BUDDY) BAKER

AND JOHN F. DOLAN

Foreword by Donald

R. SmithU

ICC Publicatio

n No. 694

ISBN: 978-92-842

-0043-6

ICC Business B

ookstore

iccbooks.com

Users’Handbook for Documentary Credits under UCP 600

Users’ Handboo

k for Document

ary Credits unde

r UCP 600 is des

igned to serve

as an introductio

n to users of doc

umentary credits

, that is, to selle

rs and buyers wh

o

seek to increase

their access to c

ross-border mar

kets. It strives to

demonstrate th

e way

commercial part

ies and bankers h

ave used this rem

arkable commer

cial device, the

documentary cre

dit, to achieve th

eir objectives. Us

ers’ Handbook is

in five parts:

� Part One is a

brief discussion

of international

sales and transp

ort.

� Part Two exp

lains the banking

industry’s crucia

l role in docume

ntary credit

transactions and

illustrates many

of the transactio

ns in which com

mercial parties

utilize the docum

entary credit.

� Part Three e

xplains the way d

ocuments contro

l the payment fu

nction of the

documentary cre

dit.

� Part Four in

troduces the all-

important featur

e of the docume

ntary credit –

the ways it open

s financing optio

ns to sellers, wh

ich can then ext

end credit

to buyers.

� Part Five int

roduces the stan

dby credit and ill

ustrates its role

in cross-border

transactions.

Users’ Handboo

k also contains a

handy glossary o

f international tr

ade terms

for easy referenc

e. UCP 600, the l

atest version of I

CC’s universally

used rules on

documentary cre

dits, Uniform C

ustoms and Prac

tice for Docume

ntary Credits,

is included as an

appendix.

The Internatio

nal Chamber o

f Commerce, th

e World Busine

ss Organization,

based

in Paris, is the g

lobal leader in th

e development o

f standards, rule

s and reference

guides

for internationa

l trade.

Related ICC

Publications

� Uniform Cust

oms and Practic

e for Document

ary Credits

� International

Standard Banki

ng Practice (ISB

P)

� Commentary o

n UCP 600

� The Complete

UCP: Text, Rules

and History 19

20 to 2007

� Insights into U

CP 600: Collecte

d Articles from D

CI 2003 to 2008

International Ch

amber of Comm

erce

The world busin

ess organization

International Ch

amber of Comm

erce

The world busin

ess organization

International Cham

ber of Com

merce

The world

busin

ess organ

ization

User'Hnbk 694

19.5.2008 17

:21 Page 1

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2 | www.iccbooks.com

ISBP - International Standard Banking Practice for the examination of documents under UCP 600ICC Pub. No. 745E, €25

To reflect current best practice and recent developments in the world of trade finance, the ICC Banking Commission has recently updated the successful International Standard Banking Practice (ISBP). This publication will greatly help harmonize practice worldwide and thus facilitate the flow of world trade. An invaluable source of practical information for trade finance professionals and academics, this revised edition of ISBP provides you with the latest ICC approved guidelines for all parties to documentary credits.

Uniform Rules for Bank Payment ObligationsICC Pub. No. 750E, €25

Bank Payment Obligations enable banks to mitigate the risks associated with international trade to the benefit of both buyers and sellers. They enable flexible financing propositions across the supply chain, from pre-shipment to post-shipment. The world’s first rules on BPOs will help harmonize Supply Chain Finance practices and foster a better understanding of those innovative practices.

The ICC Guide to the Uniform Rules for Bank Payment Obligationsby David J. Hennah ICC Pub. No. 751E, €65

This manual will guide practitioners in their interpretation of the Uniform Rules for Bank Payment Obligations and provide substance to the practical application of the URBPO in the context of real life business scenarios. Vital reading for any trade finance practitioner.

International Stand

ard

Banking Practice

for the Examinati

on of Documents

under UCP 600

International Standard Banking Practice ISBP

Uniform Rules fo

r

Bank Payment

Obligations

Version 1.0

Guide to

ICC

Uniform

Rules for

Demand

Guarantees

URDG 758

Georges Affak

i

Roy Goode

Guide to ICC

Uniform Rules

for Demand

Guarantees

URDG 758

Dr. Georges Af

faki

Professor Sir R

oy Goode QC

URDG Cover.ind

d 1

23/05/2011 12

:20

THE ICC GUIDE

to the Uniform R

ules for

Bank Payment O

bligations

THE ICC

GU

IDE to the U

niform R

ules for Bank Paym

ent Obligations

by David J. Henna

h

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ICC Uniform Rules for Demand Guarantees – URDG 758ICC Pub. No. 758E, €30 Check www.iccbooks.com for translations in your language.

The ICC Uniform Rules for Demand Guarantees (URDG) reflect international standard practice in the use of demand guarantees and balance the legitimate interests of all parties. The current edition, URDG 758, was officially endorsed by the United Nation Commission on International Trade Law (UNCITRAL) in July 2011.

Guide to ICC Uniform Rules for Demand Guaranteesby Dr. Georges Affaki & Sir Roy Goode ICC Pub. No. 702E, €149

This Guide is a vital tool to help you efficiently use ICC’s Uniform Rules for Demand Guarantees - indispensable for issuers and users of guarantees and their advisors.

Bank Guarantees in International TradeEdited by Roeland F. Bertrams, 4th edition ICC Pub. No. 975E, €220

This collection is a comprehensive study of the legal and practical aspects of bank guarantees and standby letters of credit. Using new developments in legal writing from various countries, it builds an analysis of how the practical applications of guarantees have established a new pattern of law. This series can be used in both civil and common law jurisdictions and has been cited as an authoritative source of law in several jurisdictions from each system.

Guide to

ICC

Uniform

Rules for

Demand

Guarantees

URDG 758

Georges Affak

i

Roy Goode

Guide to ICC

Uniform Rules

for Demand

Guarantees

URDG 758

Dr. Georges Af

faki

Professor Sir R

oy Goode QC

URDG Cover.ind

d 1

23/05/2011 12

:20

http://www.iccbooks.comhttp://www.iccbooks.com/Product/ProductInfo.aspx%3Fid%3D651http://www.iccbooks.com/Product/ProductInfo.aspx%3Fid%3D659http://www.iccbooks.com/Product/ProductInfo.aspx%3Fid%3D695http://www.iccbooks.com


ICC Uniform Rules for Forfaiting – URF 800Including Model Agreementsby the ICC Banking Commission and the International Forfaiting Association (IFA) ICC Pub. No. 800E, €25; 800EF, €30 Check www.iccbooks.com for other translations.

The value of the forfaiting market is estimated at more than 300 billion USD annually. The use of global rules and standards helps avoid misunderstandings, harmonizes best practice around the globe and facilitates dispute settlement. For the first time, ICC’s URF now provide a standard set of forfaiting rules that reflect a broad consensus among bankers, users and all members of the forfaiting community worldwide. Created by experts for experts, ICC URF is a must-have for anyone involved in international trade finance transactions.

ICC Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits ICC Pub. No. 725E, €30

ICC’s Uniform Rules for Bank-to-Bank Reimbursements Under Documentary Credits were developed as a set of Rules to document worldwide practice and standardize the processing of bank-to-bank reimbursements. Used in conjunction with UCP 600, this updated version sets forth a series of concepts to facilitate the reimbursement process.

The Law of Letters of Credit in ChinaCommentary and Materials on the Chinese Supreme People’s Court’s Judicial Interpretations of Letters of Creditby Jin Saibo ICC Pub. No. 736E, €59

This handbook is invaluable for anyone doing export/import transactions. Detailed comments, in-depth explanations and critical analyses enable trade finance practitioners to better understand the L/C system and related judicial interpretations in China. It is a must-read for business lawyers and LC practitioners dealing with Chinese business partners.

Règles Uniformes du Forfaiting (RUF 800)Comprenant des Modèles de ContratsVERSION BILINGUE FRANÇAIS-ANGLAIS

En partenariat avec

Commentary an

d Materials

on the Chinese S

upreme People

’s

Court’s Judicial

Interpretations

of Letters of Cr

edit

ICC Publication No

. 736E

ISBN: 978-92-842-

0166-2

ICC Business Book

store

iccbooks.com

The Law of Lette

rs

of Credit in Chi

na

The Law of Lette

rs

of Credit in Chi

na

Commentary an

d Materials on t

he Chinese Sup

reme People’s

Court’s Judicial

Interpretations

of Letters of Cr

edit

This book is about t

he PRC law on lette

rs of credit (“LCs”)

and how

LC disputes are be

ing resolved in Chin

ese courts. The auth

or, a

renowned expert in

such area, has part

icipated in the drafti

ng of

and discussions on

the LC Judicial Inte

rpretations by the S

upreme

People’s Court of Ch

ina during the eight-

year period of drafti

ng. This

book is also based

on his fifteen years’

practices in this are

a, 500

plus decided court c

ases the author colle

cted, and the exper

ience

learned from more

than one hundred l

ectures or trainings

given by

the author to over t

en thousand judges

, lawyers, bankers,

traders and

law students in and

out of China. This b

ook is worth readin

g for every

individual, company

or banks which has

or will have LC tran

sactions

with Chinese parties

. Readers will find th

is book an excellent

reference for under

standing PRC law an

d practice on LCs a

nd better

developing commer

cial and financial bu

sinesses with China

especially

when troubles arise

in their transaction

s with Chinese part

ies.

The L

aw o

f Lette

rs of C

redit in

Chin

a Jin Saib

o

By Jin Saibo

AnnuAl Rev

iew of

inteRnAtio

nAl BAnki

ng

lAw & PRAc

tice

2012

edited By

JAmes e. By

Rne

chRistoPhe

R s. ByRne

s

RAmsey R. s

AleeBy

institute of

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lAw & PRAc

tice, inc.

2012

An

nu

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of in

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20405 Rye

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301.869.98

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6.1265 (f)

info@iiBlP

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www.iiBlP.o

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ARticles

cumulAtiv

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cAse summ

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ICC Banking Commission Opinions 2009–2011New Opinions on UCP 600, ISBP 681, UCP 500, URC 522 and URDG 758ICC Pub. No. 732E, €79

The Opinions series represents the Commission’s official interpretations of how ICC’s trade finance rules are to be used in specific situations. For decades they have provided unrivalled guidance to practitioners and been referred to by judges worldwide. This volume includes the very first decisions on the URDG 758. Previous volumes available at www.iccbooks.com.

The DOCDEX Decisions collections complement the ICC Banking Commission Opinions. Together, they are vital for practitioners seeking to understand how ICC rules are applied in daily practice.

Collected DOCDEX Decisions 2009–2012Decisions by ICC experts on documentary credits, collections and demand guaranteesICC Pub. No. 739E, €65

ICC’s Documentary Credit Dispute Resolution Expertise (DOCDEX) offers a quick and cost-effective means to settle documentary credit disputes. The decisions by ICC Experts on documentary credits are published on a regular basis to offer international bankers and traders’ insight into the DOCDEX decisions procedure and guidance on the interpretation of ICC’s trade finance rules. This volume contains decisions about the most controversial provisions of the latest revision of ICC’s universally used rules on letters of credit, UCP 600. Previous volumes available at www.iccbooks.com

2013 Annual Review of International Banking Law and Practiceby the Institute of International Banking Law and Practice ICC Pub. No. 976E, €99, USB stick

This volume is a practical must-have for anyone working in trade finance and brings you all latest developments in the field on a handy and fully searchable USB stick. It contains 24 Articles, 6 Practice Reports, 3 Government Actions and 106 LC and Guarantee Case Summaries from 13 countries and regions around the globe.

AnnuAl Rev

iew of

inteRnAtio

nAl BAnki

ng

lAw & PRAc

tice

2012

edited By

JAmes e. By

Rne

chRistoPhe

R s. ByRne

s

RAmsey R. s

AleeBy

institute of

inteRnAtio

nAl BAnki

ng

lAw & PRAc

tice, inc.

2012

An

nu

Al R

eview

of in

teRn

Atio

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l BA

nk

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Aw

& P

RA

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institute of

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nAl BAnki

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lAw & PRAc

tice, inc.

20405 Rye

cRoft cou

Rt

montgom

eRy villAg

e, md 208

86 usA

301.869.98

40. 301.92

6.1265 (f)

info@iiBlP

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www.iiBlP.o

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ANNUAL REVIEW OF INTERNATIONAL BANKING LAW & PRACTICE

2013

EDITED BYJAMES E. BYRNECHRISTOPHER S. BYRNESRAMSEY R. SALEEBY

INSTITUTE OF INTERNATIONAL BANKINGLAW & PRACTICE, INC.

2013

AN

NU

AL R

EV

IEW

OF IN

TER

NA

TION

AL B

AN

KIN

G LA

W &

PR

AC

TICE

IIBL&P

INSTITUTE OF INTERNATIONAL BANKINGLAW & PRACTICE, INC.20405 RYECROFT COURTMONTGOMERY VILLAGE, MD 20886 USA301.869.9840. 301.926.1265 (F)[email protected]

ARTICLES

CUMULATIVE INDEX

CASE SUMMARIES

PRACTICES & ADR

STATUTES & GOVERNMENT ACTIONS

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Branded publications are great gifts for business partners and for corporate use. For a minimum quantity of 300 copies, personalizations are possible for all our trade finance rules. Contact [email protected] for further information.

DC-PROFESSIONAL

ICC Publication: 7

45E

ISBN: 978-92-84

2-0188-4

ICC Business Boo

kstore

www.iccbooks.co

m

International Stand

ard

Banking Practice

for the Examinati

on of Documents

under UCP 600

International Stand

ard

Banking Practice

for the Examinati

on of Documents

under UCP 600

International Standard Banking Practice

Since its initial pu

blication in 2002

(Publication 645

), International St

andard

Banking Practice

(ISBP) has becom

e an invaluable ai

d to trade finance

professionals whe

n creating docum

ents for presenta

tion under, or for

the

examination of d

ocuments presen

ted under, a docu

mentary credit. I

t comprises

a compilation of

banking practices

that are to be ap

plied when worki

ng with

documentary cre

dits that are subj

ect to UCP 600. IS

BP demonstrates

how

the principles and

content of UCP

600 should be in

tegrated into day

-to-day

practice by provi

ding readers with

detailed practice

s that are to be c

onsidered

and applied whe

n working with d

ifferent trade doc

uments (invoices,

transport

documents, insu

rance documents

, certificates of or

igin…). ISBP also

provides

coverage of docu

ments which are

not specifically m

entioned in UCP.

New to this editio

n

The 2013 edition

of ISBP covers, am

ongst others, pra

ctices identified

from

Opinions approve

d by ICC nationa

l committees sinc

e 2007, and also f

eatures

the following do

cuments which w

ere not previously

covered:

■ Packing list

■ Weight list

■ Beneficiary cert

ificate

■ Non-negotiable

sea waybill

■ Analysis, Inspec

tion, Health, Phyt

osanitary, Quantit

y and Quality cert

ificates

International Stan

dard Banking Prac

tice — 2013 editio

n is the most up to

date guide for th

e examination of

documents unde

r documentary c

redits

reflecting practic

es agreed by ICC

national commit

tees. It also serve

s as an

aid to a beneficia

ry of a document

ary credit in its c

reation and prese

ntation

of documents to a

nominated bank

or issuing bank. T

he publication sho

uld

always be read in

conjunction with

UCP 600.

ISBPEspecial

ly printed for

DC-PROwww.iccwbo.org/Products-and-Services/Bookstore/Online-libraries/DC-PRO/DC-PRO is an online subscription based service.

€2500 per person per year. Discounts are provided for multiple subscriptions

Do you find it hard to get your hands on the letter of credit information you need, when you need it? Would you sometimes like to have a second opinion and exchange with peers on pressing issues? Then DC-PRO is what you need! ICC’s essential online LC resource for documentary credit professionals is an online platform with any time anywhere access. Crucial information, breaking news, fraud alerts, and all the latest ICC intelligence on letters of credit, including the latest Banking Commission Opinions, at your fingertips.

ICC Publication: 745EISBN: 978-92-842-0188-4

ICC Business Bookstorewww.iccbooks.com

International Standard Banking Practicefor the Examination of Documents under UCP 600

International Standard Banking Practicefor the Examination of Documents under UCP 600

International Standard

Banking

Practice

Since its initial publication in 2002 (Publication 645), International Standard Banking Practice (ISBP) has become an invaluable aid to trade finance professionals when creating documents for presentation under, or for the examination of documents presented under, a documentary credit. It comprises a compilation of banking practices that are to be applied when working with documentary credits that are subject to UCP 600. ISBP demonstrates how the principles and content of UCP 600 should be integrated into day-to-day practice by providing readers with detailed practices that are to be considered and applied when working with different trade documents (invoices, transport documents, insurance documents, certificates of origin…). ISBP also provides coverage of documents which are not specifically mentioned in UCP.

New to this editionThe 2013 edition of ISBP covers, amongst others, practices identified from Opinions approved by ICC national committees since 2007, and also features the following documents which were not previously covered:■ Packing list■ Weight list■ Beneficiary certificate■ Non-negotiable sea waybill■ Analysis, Inspection, Health, Phytosanitary, Quantity and Quality certificates

International Standard Banking Practice — 2013 edition is the most up to date guide for the examination of documents under documentary credits reflecting practices agreed by ICC national committees. It also serves as an aid to a beneficiary of a documentary credit in its creation and presentation of documents to a nominated bank or issuing bank. The publication should always be read in conjunction with UCP 600. ISBP

Especially printed for

PERSONALIZATION

www.iccwbo.org/Products-and-Services/Bookstore/Online-libraries/DC-PRO/www.iccwbo.org/Products-and-Services/Bookstore/Online-libraries/DC-PRO/http://www.iccbooks.commailto:[email protected]

www.iccwbo.org | 7

Global Risks Trade Finance Report 2013 www.iccwbo.org/Products-and-Services/Trade-facilitationBased on data from ICC’s Trade Register, the ICC Banking Commission issues the “Global Risks – Trade Finance” report on a yearly basis providing a timely, accurate and comprehensive outlook on the risks in trade finance from the global trade finance industry’s perspective. Financial regulation requires a solid understanding of the critical issues by all sides – government, regulatory, industry, and multilateral institutions. The ICC Trade Register helps enhance this understanding by making available much-needed data on trade and export finance for the first time.

ICC Global Survey – Rethinking Trade & Finance 2013 ‘An ICC Private Sector Development Perspective’ www.iccwbo.org/Products-and-Services/Trade-facilitation/ICC-Global-Survey-on-Trade-Finance/To respond to financial crises, institutions and policy makers need to focus on improving market intelligence so that future financial decisions can be based on solid evidence. The surveys provide that intelligence. The 2013 report received the participation of two new partners: the International Trade Centre (ITC), to cover credit constraints and non-tariff measures in trade; and Factors Chain International (FCI) providing business trends in factoring. Showcasing a sharp increase in last year, the final report included representatives of 260 banks in 112 countries.

REPORT & SURVEY

2013 GLOBA

L RISKS

TRADE FINAN

CE

REPORT

GUIDING

INTERNATIO

NAL

BANKING PR

ACTICE

DRIVING

CHANGE IN

TRADE FINAN

CE

ICC BANKI

NG

COMMISSION

n A report from

the ICC Trad

e Register

n Performance

data on short

-term trade fin

ance

and medium a

nd long-term e

xport finance

n In-depth ana

lysis on marke

ts and produc

ts

n Historical in

formation ran

ging back to 2

005

by year, coun

try, and produ

ct

World Econom

ic Outlook

Access to fina

nce and non-

tariff barriers

to trade

Global and R

egional Trend

s in Trade Fina

nce

Business Tren

ds in Export C

redit Insuranc

e

Business Tren

ds in Trade Fa

cilitation Prog

rammes

GUIDING

INTERNATIO

NAL

BANKING PR

ACTICE

DRIVING

CHANGE IN

TRADE FINAN

CE

ICC BANKI

NG

COMMISSION

2013 RETHIN

KING

TRADE & FINA

NCE

AN ICC PRIVA

TE SECTOR

DEVELOPMEN

T PERSPECTIV

E

http://www.iccwbo.org/Products-and-Services/Trade-facilitation/ICC-Trade-Register/http://www.iccwbo.org/Products-and-Services/Trade-facilitation/ICC-Trade-Register/http://www.iccwbo.org/Products-and-Services/Trade-facilitation/ICC-Global-Survey-on-Trade-Finance/http://www.iccwbo.org/Products-and-Services/Trade-facilitation/ICC-Global-Survey-on-Trade-Finance/http://www.iccwbo.org

8 | www.iccwbo.org/onlinetraining

International Standard Banking Practice (ISBP) 300€ per trainee, 10 to 49 trainees – 250€ per trainee, 50+ trainees – 200€ per trainee

Six hours of training designed to enhance the knowledge and skills of documentary credit professionals.

Uniform Rules for Bank Payment Obligations - URBPO online training300€ per trainee, 10 to 49 trainees - 250€ per trainee, 50+ trainees - 200€ per trainee

Four hours of structured training in all aspects of the URBPO, from the basic concepts through to a detailed analysis of the rules. The course will help you understand how the new Bank Payment Obligation Rules operate in practice.

Trade Finance Suite800€ per trainee, includes five trainings

The most comprehensive online training is a combination of the below listed courses and written by the world’s leading trade finance experts. The different modules ensure that trade finance professionals have the requisite skills to issue, process and honor traditional trade finance products in line with the provisions of the major ICC trade finance rules and standards (URC 522, UCP 600, URDG 758 and ISP98)

Collections Online Training – URC 522300€ per trainee, 10 to 49 trainees - 250€ per trainee, 50+ trainees - 200€ per trainee

Learn the essentials of Documentary Collections work and the application of URC 522.

ONLINE TRAINING

http://www.iccwbo.org/training-and-events/online-training/isbp-online-training/http://www.iccwbo.org/Training-and-Events/Online-training/Trade-Finance-Suite/http://www.iccwbo.org/Training-and-Events/Online-training/Trade-Finance-Suite/Documentary-Collections/http://www.iccwbo.org/onlinetraining

www.iccwbo.org/onlinetraining | 9

Mentor 600300€ per trainee, 10 to 49 trainees - 250€ per trainee, 50+ trainees - 200€ per trainee

Mentor 600 is the only ICC approved course that trains your staff in all aspects of the documentary credits and UCP 600 rules.

DC Master – Advanced Documentary Training300€ per trainee, 10 to 49 trainees - 250€ per trainee, 50+ trainees - 200€ per trainee

This online course enhances the knowledge and skills of experienced letter of credit professionals.

ISP Master – ISP98300€ per trainee, 10 to 49 trainees - 250€ per trainee, 50+ trainees - 200€ per trainee

ISP Master will ensure proficiency in the use of ISP98. It was written by Professor James Byrne of the Institute of International Banking Law & Practice and Gary Collyer, Technical Adviser to the ICC Banking Commission, and Chair of the UCP 600 Drafting Group

URDG Master – URDG 758 300€ per trainee, 10 to 49 trainees - 250€ per trainee, 50+ trainees - 200€ per trainee

Become an expert who is proficient in the operation of demand guarantees, counter-guarantees and the application of URDG 758.

For more information, visit www.iccwbo.org/onlinetraining or email: [email protected]

www.iccwbo.org/onlinetraininghttp://www.iccwbo.org/training-and-events/online-training/icc-online-training/trade-finance-suite/mentor-600/http://www.iccwbo.org/Training-and-Events/Online-training/Trade-Finance-Suite/DC-Master---Advanced-Documentary-Credit-Training/http://www.iccwbo.org/Training-and-Events/Online-training/Trade-Finance-Suite/ISP-Master---ISP98/http://www.iccwbo.org/Training-and-Events/Online-training/Trade-Finance-Suite/URDG-Master---URDG-758/[email protected]://www.iccwbo.org/onlinetraining


Certificate for Documentary Credit Specialists (CDCS)www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Documentary-Credit-Specialists-(CDCS)/ The Certificate for Documentary Credit Specialists (CDCS) is a professional qualification that is recognized worldwide as a benchmark of competence for international practitioners. CDCS was developed by the Institute of Financial Services and endorsed by the International Chamber of Commerce (ICC) and was designed in consultation with industry experts to ensure that the qualification reflects best practice.

Certificate for Specialists in Demand Guarantees (CSDG) www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Specialists-in-Demand-Guarantees-(CSDG)/The Certificate for Specialists in Demand Guarantees (CSDG) has been designed to enable demand guarantee professionals to demonstrate their knowledge and expertise. CSDG will develop students’ knowledge and expertise in the use of guarantees, industry rules, legislation and the challenges relating to demand guarantees and standby credits. CSDG was developed by the Institute of Financial Services in partnership with the International Chamber of Commerce (ICC). This qualification has been designed with input from leading industry experts to keep the contents relevant in an ever-changing sector.

CERTIFICATION

http://www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Documentary-Credit-Specialists-(CDCS)/http://www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Documentary-Credit-Specialists-(CDCS)/http://www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Documentary-Credit-Specialists-(CDCS)/www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Specialists-in-Demand-Guarantees-(CSDG)/www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Specialists-in-Demand-Guarantees-(CSDG)/www.iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Specialists-in-Demand-Guarantees-(CSDG)/http://www.iccbooks.com


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TF CAT 2014

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