Trade Finance

Try  €300

12 hours of advanced online instruction and training

It is designed to enhance the knowledge and skills.

The course is divided into 4 Modules

Examines each of the documents that can be presented.

Case studies

Enables users to put the understanding of the course and the applications into practice.

Assessment

Enables the trainee to test their understanding of the course

ISP Master contains over 12 hours of online training and instruction in ISP98, the rules governing the operation of Standby LCs/independent undertakings.

The Course is designed to ensure proficiency in this area of trade finance work.

 

Trainees who complete ISP Master qualify for 12 PDUs towards recertification for the Certified Documentary Credit Specialist (CDCS) accreditation offered by BAFT-IFSA and IFS.

The course content is written by Professor James Byrne of the Institute of International Banking Law & Practice (IIBLP) in conjunction with Gary Collyer Technical Adviser to the ICC Banking Commission.

 

The training is divided into 4 Modules:


Module 1: Essentials
This module examines the use of assurances in commercial arrangements, the function of dependent and independent undertakings, the roles of the parties to standby credits and the key terms and conditions that are used in standby letters of credit.

 

Module 2: Rules

This module provides an article-by-article analysis of the ISP98 rules and also examines the comparable provisions of UCP 600.

Areas covered:

  • Transfer and assignment
  • Obligations of the parties
  • Cancellation of a standby
  • Presentation
  • Reimbursement obligations
  • Examination
  • Expiry
  • Disposal of documents
  • Syndication/participation

 

Module 3: Case Studies
This module covers key aspects of standby letter of credit work, including: applying for a standby credit; reviewing the terms and conditions of a standby credit for workability; examining a presentation of documents from the perspective of a nominated bank and issuing bank; and issuing a refusal notice.

 

Module 4:  Assessment
This module provides a comprehensive assessment for trainees to test their knowledge of standby credit practice and ISP98.

Quality
The course content is written by Professor James Byrne of the Institute of International Banking Law & Practice in conjunction with Gary Collyer, Technical Adviser to the ICC Banking Commission, and Chair of the UCP 600 Drafting Group.

Consistency
As the training is delivered online, each member of your staff can be trained to an ICC approved standard regardless of location. Every trainee receives an ‘ICC Certificate of Achievement’ on completion of a course indicating their personal results.

Convenience
The training courses come complete with a Learning Management System so organisations can easily manage allocation of the training and keep track of trainees’ progress and results.


Value for money
With prices starting at €300 per trainee – and discounts for volume orders – ISP Master is a very cost effective way to train your staff.

 

 

 

Discounts are offered for multiple orders as follows:

  • 1 to 9 trainees - €300 per trainee
  • 10 to 49 trainees - €250 per trainee
  • 50+ trainees - €200 per trainee

 

special pricing! You can alternatively purchase the full suite of 5 training courses in traditional trade products for €800 (a € 700 discount on the list price of purchasing the 5 courses)

 

To talk through your specific requirements call +353 1 2352166 or email us at info@coastlinesolutions.com.

 

Click here to e-mail us your requirements, and we will prepare a quotation to match your needs.

 

Don't take our word for it. Try it for yourself

 

To evaluate whether ISBP Master fulfils your training needs, you can avail of a free evaluation of the service. Simply click here and provide us with some simple administrative details so that we can provide you with personal access to selected parts of the service.

 

Testimonials

"It is amazing how quickly a dispute over a discrepancy disappears when you can quote an Official ICC Opinion. So having all of the Opinions ever issued on UCP available to me on DC-PRO makes my life a lot easier."

 

Pavel Andrle, Documentary Payments Specialist, Czech Republic.

"A great reference tool for up to date info on letters of credit as well as help online in the discussion forums."

 

Judith Autié, Union de Banques Arabes et Françaises, Paris.

"Mentor is a wonderful training product to use from work or home."

 

Umar Farooq, United Nations Conference on Trade and Development (UNCTAD), Pakistan.

"Mentor 600 makes understanding letters of credit easy and allows me to follow the progress of each member of my team."

 

Tom Richardson, Sr. Trade Regulatory Specialist, USA.

"Completing Mentor has increased her confidence and knowledge and work has become more professional as a result."

 

Trade Service Manager, USA.

"The best site to keep track of what is happening in the Letter of Credit world. I make very good use of it and encourage others to do the same."

 

Boris Kozolchyk, President of the National Law Center for Inter American Free Trade, USA

"I believe that DC-PRO is a must for any LC specialist or manager working with doc credits."

 

Ronald Katz,
Former Policy Manager,
ICC Banking Commission

"Comprehensive training in Collection practices and their treatment under URC 522 - a must have within your training collateral?"

 

Gary Collyer, Technical Adviser to ICC Banking Commission, United Kingdom

"I could not imagine my working life without this great 'invention'."

 

Edith Babuscio,
BHF-Bank,
Germany

"I can now find in 20 minutes information that used to take me a morning to find."

 

Karl Mayrl,
Erste Bank,
Austria.

"The most comprehensive site I have seen, with full search capability - a MUST for practitioners in all categories - bankers, importers, exporters, attorneys, forwarders, carriers, et al."

 

Don Smith, USA

"The best training available in Documentary Collections - complete with many practical examples and case studies."

 

Vincent O'Brien,
Director EBSI,
Ireland