ICC: WEBINAR Standby Letter of Credit

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