In this course, we will explain the Uniform rules for documentary credit publication 600, which guide the worldwide banking practice in documentary credits, in a practical way through given exercises and cases study.
At the end of the training program, the participant should be able to:
1 We will explain the UCP 600 through using a set of exercises and cases study that will explain the following points to participants
DC Application, Definitions, Interpretations.
DC v. Contracts, Documents v. Goods, Services or Performances.
Banks responsibility under DC
1 Availability of Credits by Payment, Deferred Payment, Acceptance and Negotiation
2 Expiry Date and Place for Presentation.
1 Issuance via swift MT 700
1 Documents
2 Original
3 Examination of Documents
4 Notice of Refusal of Discrepant documents.
1 Transferable of a DC
2 Assignment of Proceeds
3 Special use of DC
Not Available
Names of the training programs that are integrated (enriched) with the training program:
Names of the training programs that after the training program:
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