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ICC: WEBINAR Standby Letter of Credit
31.1.2022 - 9:00 - 16:30
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Topic:
Standby Letter of Credit, Standby subject to UCP 600 & ISP98, Questions & Answers
Speakers:
Pavel Andrle (CZ), Walter (Buddy) Baker (USA)
Program:
Standby Letter of Credit – Trade Cycle, how it works
- Introduction to Standby L/C
- Cycle: Issuance, Advice, Confirmation, Amendment, Expiry,
- Demands and Payments under Standbys
Standby Letter of Credit subject to UCP 600
- Standby under UCP 600 – main issues
- Unsuitable or problematic UCP 600 articles for standbys
- Examination of presentations under standbys subject to UCP 600
- Questions and Answers
Speaker: Pavel Andrle
Standby Letter of Credit subject to UCP 600 – continuation
- Interesting ICC Opinions and Docdex Cases on Standbys subject to UCP 500 & UCP 600
- Questions and Answers
Speaker: Pavel Andrle
SWIFT messages for Standby Letter of Credit – proper use
- MT760, MT767
- New SWIFT messages for Standbys
- Questions and Answers
Speaker: TBA
Standby Letter fo Credit subject to ISP98
- Standby Letter of Credit in US, history, law
- Standby practices in US
- Counter Standby – Standby, Confirmation
- Examination of presentations under ISP98
- Main issues in practice, Extension clauses
- Interesting court cases on standbys in US
- Questions and Answers
Speaker: Buddy Baker
Standby L/C subject to ISP98 – debate on selected topics
- Reduction, termination, extension clauses
- Extend or pay demands
- Examination
Questions and Answers
More informations and registrations:
https://www.icc-cr.cz/cs/akce/webinar-standby-letter-of-credit