Earn 3 CPD's

3 Hours
Online Training
Collections

Collections

€300

This training course is designed to provide you with the basics in international trade finance, while also providing an in-depth knowledge of collections processes and the ICC's Uniform Rules for Collections, URC 522. This course will cover the following:

  • The purpose of a Collections in International Trade
  • The Uniform Rules for Collections (URC 522)
  • The Collections Cycle and process

ICC Approved online training in Collections processes and URC 522.

Earn 3 CPDs for CDCS®, CSDG® and CSCF® recertification.

Course Overview

Module 1

Lessons

This module provides three interactive lessons which serve to provide a firm foundation in the operation of Collection processes and the application of URC 522.


Lesson 1 - What is a Collection?

Lesson 2 - Parties involved in collections.

Lesson 3 - The Collection Cycle.

The trainee is guided through all key areas of Collections work, from the information to include in a 'Collection Instruction' to how payment is made under Collections. All learning points are linked to context sensitive provisions of URC 522.

Module 2

Case Studies

This module presents three interactive case studies designed to give the user different experiences with URC 522 and real life collections procedures.


Case study 1 - Complete a Collection Instruction

Case study 2 - Making decisions on URC 522

Case Study 3 - Lead a collections workshop

The user learns by doing and follows a series of steps, taking actions and making decisions while receiving on-the-spot feedback.

Module 3

ASSESS YOUR UNDERSTANDING OF THE SUBJECT MATTER BY TAKING OUR ASSESSMENT

This module provides a comprehensive assessment for trainees to test their knowledge on ICC's Uniform Rules for Collections, URC 522.

Successfully complete the Assessment to receive an “ICC Certificate of Achievement” and qualify for 3 CPD's towards CDCS ®, CSDG ® and CSCF ® recertification.

Module 4

Resources

Access Available to a Comprehensive Library of Documentary Collections Resources


URC Rules

URC Commentary

URC Opinions

Sample Commercial Documents

Sample Financial Documents

Module 5

Keywords

Keywords in International Trade


Module 6

Glossary

Glossary of International Trade Terms


Pricing

1 to 9 trainees

€300 .00
  • per trainee

10 to 49 trainees

€250 .00
  • per trainee

50+ trainees

€200 .00
  • per trainee

testimonials

Collections

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

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

Collections

Clear and time-saver online training. I would recommend it to all people interested in knowing how to manage collections issued under URC 522 ICC.

Maria Tiziana, Italy

Benefits

Quality

Our online training courses are developed in collaboration with internationally renowned experts from around the world. Truly International – designed to be relevant for staff worldwide.

Consistency

As the training is delivered online, each member of your staff can be trained to an approved standard regardless of location.

Convenience

Trainees have access to the course material for 1 year as a reference tool. Using our learning management system (LMS), organisations can easily manage their staff training and keep track of trainees' progress and results.

Value for money

Save time and money by taking our courses online – discounts for volume orders – our courses are a very cost-effective way to train your staff.