This course provides a detailed review of Documentary Credits, from structuring and issuance to document verification to financing and settlement.

If your job requires you to regularly deal with documentary credits (letters of credit) or if you want to specialize in this field, then ICC Academy’s documentary credit bundle is an excellent option. This bundle combines both our introductory and advanced courses on documentary credits and will help go from a foundational to advanced level in 8 hours of online learning

This Advanced Letters of Credit course will take an in-depth look at how standby letters of credit work, many of the purposes for which they can be used, the rules and regulations governing them, and problems that can arise around them.

Admission Criteria: Minimum of 5 years in a senior role in trade finance, with extensive experience in documentary credits. OR Completion of the ICC CTFP certification or UCP Specialist certification or equivalent advanced-level certification (such as LIBF CDCS) OR Case by case basis, as recommended by applicant’s company, ICC National Committees or other ICC’s affiliated entities

The Certified Trade Finance Professional (CTFP) is an advanced level online certification providing in-depth knowledge of trade finance products. Using case studies and with an emphasis on analysis of real-world scenarios, the certificate includes an intensive online programme and focuses on key trade finance products, techniques and compliance issues.

We've made it faster and cheaper for holders of the ICC Academy's GTC or LIBF's CDCS, CDSG or CITF certifications to achieve the full CTFP certification