UCP 600, ISBP 821 and ISP 98 Decoded for CDCS preparation

UCP 600, ISBP 821 and ISP 98 Decoded for CDCS preparation, available at $84.99, has an average rating of 4.95, with 88 lectures, 5 quizzes, based on 20 reviews, and has 57 subscribers.

You will learn about All the 39 articles of UCP600, All the paragraphs of ISBP 821 and 10 rules of ISP98 in a practical manner with examples and graphical presentations The rights and obligations of the issuing bank, the advising bank, and the beneficiary under a letter of credit and a standby. Clear explanation of amendments, types of credits(Revocable, irrevocable, confirmed, transferable),Partial shipments, Tolerance focussed for CDCS exam Approach the Certificate for documentary credit specialist(CDCS) exam confidently This course is ideal for individuals who are CDCS/CITF aspirants or Bankers working in trade finance or intended to work in trade finance especially letter of credit operations It is particularly useful for CDCS/CITF aspirants or Bankers working in trade finance or intended to work in trade finance especially letter of credit operations.

Enroll now: UCP 600, ISBP 821 and ISP 98 Decoded for CDCS preparation

Summary

Title: UCP 600, ISBP 821 and ISP 98 Decoded for CDCS preparation

Price: $84.99

Average Rating: 4.95

Number of Lectures: 88

Number of Quizzes: 5

Number of Published Lectures: 88

Number of Published Quizzes: 5

Number of Curriculum Items: 93

Number of Published Curriculum Objects: 93

Number of Practice Tests: 1

Number of Published Practice Tests: 1

Original Price: ?3,499

Quality Status: approved

Status: Live

What You Will Learn

All the 39 articles of UCP600, All the paragraphs of ISBP 821 and 10 rules of ISP98 in a practical manner with examples and graphical presentations

The rights and obligations of the issuing bank, the advising bank, and the beneficiary under a letter of credit and a standby.

Clear explanation of amendments, types of credits(Revocable, irrevocable, confirmed, transferable),Partial shipments, Tolerance focussed for CDCS exam

Approach the Certificate for documentary credit specialist(CDCS) exam confidently

Who Should Attend

CDCS/CITF aspirants

Bankers working in trade finance or intended to work in trade finance especially letter of credit operations

Target Audiences

CDCS/CITF aspirants

Bankers working in trade finance or intended to work in trade finance especially letter of credit operations

Are you preparing for the CDCS exam? Have you registered for the exam but did not pass on the first try? Are you confused with the articles in the UCP600? Wondering how to interpret the paragraphs of ISBP 821? Are you struggling to understand ISP98 rules? Are you already in the letter of credit business but can not make decisions yet?

Then this course is for you. You are in the right place!!!

You will get

41 lectures which cover the basics of a Letter of credit and an explanation of all 39 articles of UCP600

23 Lectures which cover the overview of ISBP and explanation of all the paragraphs of ISBP 821.

23 Lectures that cover the basics of Standby Letter of credit and an explanation of all 10 rules of ISP98

4 short quizzes of 10 questions each to get familiarise with CDCS questions based on UCP600

1 Practice test, where you can get hands-on experience with the model questions of the CDCS exam

Welcome to the UCP 600, ISBP 821, and ISP 98 Decoded course for CDCS preparation!!!

A letter of credit and a standby letter of credit are two of the most widely used instruments in international trade finance.

UCP600 is a set of rules that govern the issuance and operation of a letter of credit. CDCS certification is a highly sought-after certification for letter of credit practitioners, and UCP600 is the most important rule that makes up almost 60% of the CDCS curriculum. If you do not understand UCP, it will be challenging to progress. However, understanding UCP is a lengthy process throughout CDCS preparation.

Similar to UCP 600, ISBP 821, or International Standard Banking Practice for the Examination of Documents under Documentary Credits, is a set of guidelines issued by the International Chamber of Commerce (ICC) to help in the uniform interpretation and examination of documents presented under letters of credit.

Further, ISP98 is a set of rules that governs the issuance and operation of Standby letters of credit and is also a part of the CDCS exam syllabus with 10% weightage. It is a common perception that ISP98 is too difficult because of the lengthy and complicated sentence structure used throughout the document.

Therefore, I have created this course to cover all 39 articles of UCP600, all the paragraphs of ISBP 821, and all the 10 rules of ISP98 in an easy-to-understand and concise manner to save you time before you start preparing. I have added examples, case studies, and graphical representations in all possible cases to explain the articles and other facts during the course. I assure you that by the end of this course, you will have an in-depth knowledge of UCP600, ISBP 821, and ISP98 that will help you achieve certification on your first attempt. Although this course is specifically designed for CDCS aspirants, understanding UCP, ISBP, and ISP is equally important for anyone working in or intending to work in the field of trade finance.

Most importantly are you afraid to proceed with your CDCS preparation because you have no trade finance experience? Do not worry. I am an example of someone who passed the CDCS exam on the first try without having much trade finance experience. Keep learning!!!

Course Curriculum

Chapter 1: Module A- UCP 600

Lecture 1: Introduction

Lecture 2: Letter of credit an Overview

Chapter 2: Application of UCP

Lecture 1: Article 1 Application of UCP

Chapter 3: Definitions and interpretations

Lecture 1: Article 2 Definitions

Lecture 2: Article 3 Interpretations

Chapter 4: Obligations and liabilities

Lecture 1: Article 4 Credits v. Contracts &Article 5 Documents v. Goods, Services

Lecture 2: Article 6 Availability, Expiry Date and Place for Presentation

Lecture 3: Article 7 Issuing Bank Undertaking

Lecture 4: Article 8 Confirming Bank Undertaking

Lecture 5: Article 9 Advising of Credits and Amendments

Lecture 6: Article 10 Amendments

Lecture 7: Article 11 Teletransmitted and Pre-Advised Credits and Amendments

Lecture 8: Article 12 Nomination

Lecture 9: Article 13 Bank-to-Bank Reimbursement Arrangements

Chapter 5: Examination and dealing with documents

Lecture 1: Article 14 Standard for Examination of Documents

Lecture 2: Article 15 Complying Presentation

Lecture 3: Article 16 Discrepant Documents, Waiver and Notice

Lecture 4: Article 17 Original Documents and Copies

Chapter 6: Documents including commercial invoice, transport and insurance documents

Lecture 1: Article 18 Commercial Invoice

Lecture 2: Overview of transport documents

Lecture 3: Article 19 Transport Document Covering at Least Two Different Modes of Transport

Lecture 4: Article 20 Bill of Lading

Lecture 5: Article 21 Non-Negotiable Sea Waybill

Lecture 6: Article 22 Charter Party Bill of Lading

Lecture 7: Article 23 Air Transport Document

Lecture 8: Article 24 Road, Rail or Inland Waterway Transport Documents

Lecture 9: Article 25 Courier Receipt, Post Receipt or Certificate of Posting

Lecture 10: Article 26 On Deck, Shippers Load and Count, “Said by Shipper to Contain” a

Lecture 11: Article 27 Clean Transport Document

Lecture 12: Article 28 Insurance Document and Coverage

Chapter 7: Miscellaneous Provisions

Lecture 1: Article 36 Force Majeure

Lecture 2: Article 29 Extension of Expiry Date or Last Day for Presentation

Lecture 3: Article 30 Tolerance in Credit Amount, Quantity and Unit Prices

Lecture 4: Article 31 Partial Drawings or Shipments

Lecture 5: Article 32 Instalment Drawings or Shipments

Lecture 6: Article 33 Hours of Presentation

Chapter 8: Disclaimers

Lecture 1: Article 34 Disclaimer on Effectiveness of Documents

Lecture 2: Article 35 Disclaimer on Transmission and Translation

Lecture 3: Article 37 Disclaimer for Acts of an Instructed Party

Chapter 9: Transfer and assignments

Lecture 1: Article 38 Transferable Credits

Lecture 2: Article 39 Assignment of Proceeds

Chapter 10: Module B- ISBP 821

Lecture 1: Overview of ISBP 821

Chapter 11: Preliminary considerations

Lecture 1: Preliminary considerations

Chapter 12: Paragraph A

Lecture 1: A1 TO A6

Lecture 2: A7 TO A13

Lecture 3: A14 TO A18

Lecture 4: A19 TO A26

Lecture 5: A27 TO A34

Lecture 6: A35 TO A41

Chapter 13: Paragraph B

Lecture 1: B1 TO B7

Lecture 2: B8 TO B18

Chapter 14: Paragraph C

Lecture 1: C1 TO C15

Chapter 15: Paragraph D

Lecture 1: D1 TO D5

Lecture 2: D6 TO D15

Lecture 3: D16 TO D23

Lecture 4: D24 TO D32

Chapter 16: Paragraph E to J

Lecture 1: Transport documents Changes Part 1

Lecture 2: Transport documents Changes Part 2

Chapter 17: Paragraph K

Lecture 1: K1 TO K15

Lecture 2: K16 TO K23

Chapter 18: Paragraph L

Lecture 1: L1 TO L8

Chapter 19: Paragraph M and N

Lecture 1: M and N

Chapter 20: Paragraph P and Q

Lecture 1: P and Q

Chapter 21: Changes in ISBP 821

Lecture 1: Changes in ISBP 821 from ISBP 745

Chapter 22: Module C – ISP 98

Lecture 1: Overview of Standby

Chapter 23: ISP 98 Rule 1

Lecture 1: ISP 98 Rule 1 Part 1

Lecture 2: ISP 98 Rule 1 Part 2

Lecture 3: ISP 98 Rule 1 Part 3

Lecture 4: ISP 98 Rule 1 Part 4

Chapter 24: ISP 98 Rule 2

Lecture 1: ISP 98 Rule 2 Part 1

Lecture 2: ISP 98 Rule 2 Part 2

Instructors

Jerish Raj CDCS,CAIIB
Banker, Trade finance Enthusiast

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3 stars: 1 votes

4 stars: 5 votes

5 stars: 14 votes

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