Following the successful ratification by the ICC Banking Commission of the URBPO, ICC and Coastline Solutions have developed a new URBPO Online Training Course. .

The URBPO Online Training course contains 4 hours of online instruction and training on the Uniform Rules for Bank Payment Obligations (URBPO)

The course includes detailed treatment of all sections of the URBPO Rules including:

• Background to the URBPO, what is a BPO and how it works?
• The parties to a BPO and the benefits of using a BPO?
• The scope and application of the URBPO
• The definitions and terminology associated with the URBPO
• Detailed analysis of the URBPO messaging structures

THE COURSE IS DIVIDED INTO 2 MODULES:

Module 1: URBPO Essentials

Lesson 1: Background to a BPO
This lesson provides an introduction to the URBPO, and presents an overview of a Bank Payment Obligation (BPO) and how it works. This lesson also introduces the parties to a BPO as well as the definitions, message types and terminology defined and used in the URBPO.

Lesson 2: Establishing a Baseline
This lesson examines the message flows between the parties involved in establishing a Baseline and also looks at how amendments are made to an Established Baseline.

Lesson 3: Data Set Submission
This lesson looks at a Data Set Submission and the corresponding messages that flow between the parties and the Transaction Matching Application.

Lesson 4: A BPO in Practice
This lesson looks at where the BPO fits with other trade finance products, the benefits that can be achieved by using a BPO, and the expected capital treatment of BPOs.

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Module 2:  Assessment
On completion of the course the trainees undertake an Assessment to test their knowledge in the materials.