Trade finance under UCP 600 and its role in boosting revenue

Course Topics Topic 1: An Introduction to Trade Finance and UCP 600 ​•The concept of trade finance and its importance ​•An introduction to documentary credits and their role ​•The evolution of the UCP rules and the differences between previous versions and UCP 600 ​•The fundamental principles of the UCP 600 rules ​•The role of trade finance in boosting institutional revenue Module 2: Mechanisms of documentary credits ​•Types of documentary credits (Confirmed, Irrevocable, Revolving…) • Parties involved in a documentary credit • Documents required under UCP 600 • Steps for opening and reviewing a credit • Obligations of banks and beneficiaries…