3 learning hours
Meeting Client Needs
General practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.
This course provides an introduction to Guarantees and is set up to give you an overview of what a Guarantee is and its structure. You will learn about the origins and development of a Guarantee, from the days of using cash deposits as a collateral, to to the independent instruments of today.
You will also learn the importance of using the correct terminology and the key elements of a Guarantee. In addition, you will come to understand the abstract and documentary nature of the Guarantee.
Module 1 Overview of Guarantees
Module 2 Family of Independent Instruments
Module 3 Structure of a Guarantee
Module 4 Types of Guarantees – most common forms
Module 5 Jurisdiction and rules
Module 6 Life cycle of a Guarantee
Module 7 Demand under a Guarantee
Module 8 Case Study
Module 9 Assessment
This eLearning course will include a self-assessment tool to help you prepare for the Global Trade Certificate (GTC) final examination if you choose to obtain this certificate. The passing grade for the final examination is set at 70%.
What is an ICC Academy online course?
ICC Academy courses are delivered via our Learning Management System (LMS) using innovative tools for combining digital learning with industry-centric community discussions.
Our courses are available for purchase individually or as pre-designed packages (ie: Certificates) and are delivered exclusively online. They include videos, animations, case studies, and a self-assessment section and are available to take at any time—anywhere in the world.