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INDEPENDENT DEMAND GUARANTEE, STAND-BY LETTER OF CREDIT & SURETYSHIP

Theme: Trade Finance & Documentary Instruments
Type: Seminar
Status: Realized
Main Content: • Definition of an independent demand guarantee
• Parties to a demand guarantee and terminology
• Demand guarantee structures
• Relationships created by a demand guarantee
• Types of independent demand guarantee
• The URDG 758 of the International Chamber of Commerce, Paris
• The stand-by letter of credit and the ISP 98
• The legal nature, characteristics and fundamental principles of demand guarantees and suretyships
• Case studies.
Objectives: To give participants a better insight on independent demand guarantee, stand-by letter of credit and suretyship, to enable them to understand the rules governing them in order to provide effective services to customers and to solve problems involved in such field.
Partitcipant Profile: Managers and senior staff in guarantees, letter of credit and credit departments.
Duration: Two-day training activity.
Fees: 550$ (+10% VAT)
 
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