This course provides a practical overview of the long-established but still rather esoteric trade financing instrument, the Documentary Letter of Credit, known variously as Documentary Credit, Commercial Letter of Credit, Letter of Credit, L/C,and D/C.

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.

This course will provide participants with essential knowledge of the process flow and industry practices involving Standby Letters of Credit.

If your job requires you to regularly deal with standby letters of credit (SBLC), or will do in the future, then ICC Academy’s standby letter of credit bundle is an excellent option. This bundle combines both our introductory and advanced courses on SBLCs and will help you go from a foundational to advanced level in 8 hours.

The Global Trade Certificate (GTC) is an introductory-level online certification providing a comprehensive understanding of trade finance products – from letters of credit through to supply chain financing techniques. It’s an ideal programme for professionals wanting to build an understanding of the nuts and bolts of global trade

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

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.

Like the UCP for documentary credits, ISP98 is destined to become the industry standard for the use of standbys in international transactions.

The latest edition of the Uniform Customs and Practice for Documentary Credits (UCP) - the ICC's rules on documentary credits.

Practical, case-based learning on the universally accepted rules for documentary credits from the organisation that created them - the ICC.

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

This guide provides a clear and comprehensive commentary on the URDG 758 rules and the accompanying model forms.

The International Standard Demand Guarantee Practice for URDG 758 (ISDGP) is the indispensable companion to the ICC Uniform Rules for Demand Guarantees 758 (URDG).

The ICC Uniform Rules for Demand Guarantees (URDG) reflect international standard practice in the use of demand guarantees and balance the legitimate interests of all parties.

This introductory course provides a practical overview of the high-growth area of Supply Chain Finance (SCF)—an emerging proposition in the financing of international commerce which covers the majority of global trade flows.

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