Finance & Budgeting

Who Should Attend:

• Staff working in the Trade Finance Department ( L/Cs /Export-Import)

Course Objectives

What will you gain ?

• To apply the UCP on all Trade Finance Operations

Course Content

• Analysis and applications
• Case studies
• Article 1 Application of UCP. 600
• Article 2 Definitions.
• Article 3 Interpretations
• Article 4 Credits v. Contracts
• Article 5 Documents v. Goods, Services or Performance
• Article 6 Availability, Expiry Date and Place for Presentation
• Article 7 Issuing Bank Undertaking
• Article 8 Confirming Bank Undertaking
• Article 9 Advising of Credits and Amendments
• Article 10 Amendments
• Article 11 Tele transmitted and Pre-Advised Credits and Amendments
• Article 12 Nomination
• Article 13 Bank-to-Bank Reimbursement Arrangements
• Article 14 Standard for Examination of Documents
• Article 15 Complying Presentation
• Article 16 Discrepant Documents, Waiver and Notice
• Article 17 Original Documents and Copies Article 18 Commercial Invoice
• Article 19 Transport Document Covering at Least Two Different Modes of Transport
• Article 20 Bill of Lading
• Article 21 Non-Negotiable Sea Waybill
• Article 22 Charter Party Bill of Lading
• Article 23 Air Transport Document
• Article 24 Road, Rail or Inland Waterway Transport Documents
• Article 25 Courier Receipt, Post Receipt or Certificate of Posting
• Article 26 "On Deck", "Shipper's Load and Count", "Said by Shipper to Contain" and Charges Additional to Freight
• Article 27 Clean Transport Document
• Article 28 Insurance Document and Coverage
• Article 29 Extension of Expiry Date or Last Day for Presentation
• Article 30 Tolerance in Credit Amount, Quantity and Unit Prices
• Article 31 Partial Drawings or Shipments
• Article 32 Installment Drawings or Shipments
• Article 33 Hours of Presentation
• Article 34 Disclaimer on Effectiveness of Documents
• Article 35 Disclaimer on Transmission and Translation
• Article 36 Force Majeure
• Article 37 Disclaimer for Acts of an Instructed Party
• Article 38 Transferable Credits
• Article 39 Assignment of Proceeds
• Case Studies.