suite of online training
This suite of online training products will provide knowledge, understanding and application of the international recognised ICC Rules governing traditional trade finance products.
- ICC Uniform Rules for Collections (URC 522)
- ICC Uniform Customs & Practice for Documentary Credits (UCP 600)
- International Standby Practices (ISP98)
- ICC Uniform Rules for Demand Guarantees (URDG 758)
training course
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
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
training course
This training course provides advanced online instruction and training in letter of credit practice. This course is designed to enhance the knowledge and skills of experienced documentary credit professionals.
This course will cover the following:
- Highlight key areas of importance including workability of T&Cs in documentary credits and the correct issuance of refusal notices.
- Examine areas of documentary credit practice that are commonly misapplied and misinterpreted
- Review the function and operation of a number of variations to commercial documentary credits
training course
This training course provides comprehensive 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.
This course will cover the following:
- Overview of assurances with an emphasis on dependent and independent undertakings.
- Examination of the content and role of the parties to standby credits and independent guarantees.
- An article-by-article review of all key aspects of the ISP98 rules complete with a review of the comparable provisions of UCP 600.
Training course
This training course provides training and instruction in URDG 758, the ICC Rules governing the operation of demand guarantees. The Course is designed to ensure proficiency in this area of trade finance work.
This course will cover the following:
- Provide a firm foundation in the operation of demand guarantees and counter-guarantees.
- Outline the scope of application of the URDG 758 rules.
- Examine an article-by-article analysis of the URDG 758 rules.
