Training course
Mentor 600 is the most comprehensive online training available in letters of credit and the UCP 600 rules. The aim of the course is to provide a firm foundation in the operation of documentary credits and the application of the UCP 600 rules.
This course will cover the following:
- 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 and the correct terms and conditions to include in an LC
- Role and responsibilities of the parties involved
- Types of Payment: sight/deferred/acceptance/negotiation and undertaking to honour or negotiate
- Taking up documents or issuance of a notice of refusal
- Examination of documents presented under letters of credit
ICC Approved online training in UCP 600.
training course
The ISBP Online course contains online instruction and training in the International Standard Banking Practice for the Examination of Documents under UCP 600 (ISBP 821). It is designed to enhance the knowledge and skills of documentary credit professionals.
This course will cover the following:
- Identify all provisions under the International Standard Banking Practice
- Provide expert commentary on the ISBP provisions
- Highlight UCP 600 articles and ICC Opinions relevant to each ISBP provision
- Application of ISBP provisions that relate to documents required for presentation under documentary credits
ICC Approved online training in International Standard Banking Practice(ISBP) for the Examination of Documents under UCP 600.