LC DeepDive: In-depth workshop on Letters of Credit from a UCP 600 perspective

Registration for this programme has been closed, pls download the brochure for future session.

 

Summary

 

Programme Objectives

 

To help the participants get an overview of the Letters of Credit (LC) Guidelines from an ICC perspective and give the participants an in-depth understanding on all the articles of UCP 600 with a practical insight and real-life cases.

 

Target Audience

 

  • Professionals from corporates/banks handling LC transactions
  • Executives and managers from corporates/banks looking to enrich their working knowledge on LCs
  • Professionals looking to understand and avert discrepancies in their LC transactions
  • Trade Finance professionals (Operations/ Compliance/ Risk/ Sales) in banks who have already worked on LC transactions

Course Structure

 

Duration: 2 days

 

DAY 1

 

Session 1

  • Overview of the LC Mechanism
  • Parties to LC / Steps in LC issuance

Session 2

  • Risks Involved in LC – Wrong LCs used
  • Discrepancies – What are they?
  • Assessment of LC limits

Session 3

  • Types of Letters of Credit

Session 4

  • UCP 600 General provisions – Definitions, Liabilities, Documents

DAY 2

 

Session 1, 2 & 3

  • UCP 600 General provisions – Definitions, Liabilities, Documents (Cont’d)
  • UCP 500 v/s UCP 600 – A snapshot
  • Case Studies on various provisions of UCP 600

Session 4

  • INCOTERMS 2020
  • Role, Risk, Responsibility

Trainer Profile

 

Having more than 20 years of experience working with public, private & foreign banks. He is an expert in the areas of International Business, Trade Finance, Credit, Foreign Exchange, Collections & non-functional Soft skills. During his corporate career he has handles various aspects of Banking like Retail Liabilities, Retail Assets, Branch Operations, Relationship Management, Trade Finance Sales, Trade Product Development, Trade Operations, Credit, Foreign Exchange, Collections & Recovery, etc. Over the years he has conducted several trainings in Trade Finance, AML, TBML, Import/Export finance, Credit Assessment & Retail Collections

 

Training dates - September  26-27, 2023

Training location - Mumbai

Training fees - ₹ 30,000 + applicable taxes