try €300 buy now

Mentor 600 is the most comprehensive online training available in letters of credit and the UCP 600 rules. It is the only ICC-Approved online training in this area.

This course is aimed at beginners to Documentary Credit work or more experienced practitioners who require a comprehensive refresher course.

Mentor 600 consists of 12 hours of online training in the operation of letters of credit and the application of UCP 600.

Trainees who complete Mentor 600 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 Gary Collyer, Technical Adviser to the ICC banking Commission, and Chair of the UCP 600 Drafting Group. 

THE COURSE IS DIVIDED INTO 4 MODULES:

MODULE 1 – DC ESSENTIALS
This module provides a firm foundation in the understanding of the function and operation of letters of credit and their risk characteristics compared to other traditional trade products.

The areas examined include:

  • The process involved in a typical letter of credit (LC) cycle
  • Considerations when issuing an LC including workability, credit line availability and  reimbursement
  • The correct content and delivery of LC amendments
  • The correct terms and conditions to include in an LC
  • Role and responsibilities of the parties involved
  • Types of Payment: sight/deferred/acceptance/negotiation
  • Undertaking to honour or negotiate
  • Taking up documents or issuance of a notice of refusal

MODULE 2 - DOCUMENTS
This module examines each of the documents that can be presented under letters of credit and highlights how their data content must comply with the relevant provisions of UCP 600.

The areas/documents examined include:

  • Standard for examination of documents as prescribed by UCP 600
  • commercial invoice
  • bill of lading
  • sea waybill
  • charter-party bill of lading
  • combined transport document
  • air waybill
  • insurance documents
  • courier and post receipts
  • road, rail and inland waterway transport documents
  • other documents (as per sub-article 14(f))

MODULE 3 – CASE STUDIES
This module enables users to put the understanding of the operation of letters of credit and the application of UCP 600 into practice through a series of interactive case studies.

The areas covered include:

  • Completion of a letter of credit application
  • Beneficiary review of a letter of credit for workability
  • Document checking from the perspective of an issuing bank and nominated bank

MODULE 4 - ASSESSMENT
The assessment enables the trainee to test their understanding of Letters of Credit and UCP 600.

In each attempt of the assessment the trainee is presented with 40 multiple choice questions randomly selected from a database of questions. Full feedback is provided on all questions after each attempt.

Quality
The training content is written by 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 the 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 – Mentor 600 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)

Read more

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 Mentor 600 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
Sign up to Newsletter