Introduction to Guarantees - eCourse

In this lesson, you will learn what a bank guarantee is through its origins, development and characteristics as well as the differences between bonds and guarantees.

In this lesson, you will learn about the different types of independent instruments and their distinguishing features.

In this lesson, we will take a look at the three key parts of a bank guarantee and the process flow involved for the three main players.

In this lesson you will gain an appreciation of the differences between different forms of guarantee and how they work to identify which solutions will work best for your trade finance needs.

Although we briefly touch on the rules governing bank guarantees in previous lessons, this lesson takes a closer look at how these are applied in practice.

In this lesson, we will take a closer look at the three stages of a life cycle of a guarantee. This includes the moment it enters into force, amendments, and termination.

In this lesson, we will review the importance of a claim (demand) under a guarantee.​

In this section, we will take a look at a sample case study that showcases an example of how trade finance solutions can remedy problems often seen in the trade sector.

This section will test your knowledge on what you have learned so far and aims to equip you with the skills and context you will need in the field. Please note this is not an exam.