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.

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.

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.