Date
19 January 2010
16 July 2010
Course Outline
This one day seminar, aimed at lawyers and non-bankers, provides and insight into trade finance practices and related risks.
After attending the course participants will be able to explain to their clients the benefits of using Incoterms, as well as detail the different methods of providing finance and their key characteristics.
They will also be able to assist with identifying and structuring the appropriate trade solutions for customers, assess various risks to both the bank and the client in international trade transactions and explain and identify ways of mitigating that risk.
Course Content
Incoterms 2000
 The purpose of Incoterms
The 13 Incoterms
How Incoterms affect the documents that exporters must produce
Key characteristics of Commercial & Financial Documents
Invoices
Transport Documents
Insurance Policy/Certificate
Understanding the use of Bills of Exchange and Promissory Notes
Documentary Collections
Parties and responsibilities
Uniform Rules for Collection 522
Introduction to UCP 600
Purpose
Structure
Articles
Instructions to issue/amend Letters of Credit
The importance of the application form (legal issues)
Workability of the credit
Examination of documents
International Standard Banking Practice ISBP 681
Key elements of the main articles of UCP 600
Processing non-compliant documents as issuing bank
Processing non-compliant documents as Nominated/Confirming Bank
Risks arising from non-adherence to UCP 600 & ISBP 681
Related issues
Assignment of Proceeds under Letters of Credit
Specialised Letters or Credit
Transferable
Back-to-Back
Red Clause Credits
Revolving & Reinstatement Credits
Standby
Contract Guarantees
Types
Risks
Security
| Times |
Cost |
Solicitors Regulation Authority (SRA)
CPD Hours |
| 09.30 - 17.00 |
£675.00 +VAT
(£793.13) |
6 |
IN ADDITION TO THE PUBLIC DATES ABOVE, THIS COURSE CAN ALSO BE TAILORED TO YOUR REQUIREMENTS AND DELIVERED IN-HOUSE FOR YOU.
 PLEASE CIRCULATE THIS PDF AMONG YOUR COLLEAGUES!
IF YOU HAVE ANY QUESTIONS ABOUT THIS SEMINAR PLEASE WRITE TO US AT post@redcliffetraining.co.uk
Please click here if you wish to be added to our mailing list for notification of forthcoming training courses
|
