Course details
International standard Banking Practices (ISBP) is an intelligent checklist of procedures for document checkers to follow in examining the documents presented under letters of credit. The ISBP demonstrates how the Uniform Customs and Practice (UCP) for Documentary credit is to be integrated into day-to-day practice. The new ISBP, by encouraging a uniformity of practice worldwide, aims to improve the quality of document checking practices and facilitate an increase in the flow of international trade.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Distinguish between changes in ISBP from its old version
- Understand discrepancy checking using ISBP
- Analyze the best checking practices of various trade finance documents
- Evaluate the maturity calculation practices as per ISBP and UCP 600
Target Audience
Document checkers; trade finance officers; trade finance mangers; anyone who is interested in trade finance operations
Entry Requirements
None required
Updated on 08 November, 2015Course Location
About Bahrain Institute for Banking & Finance
We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.
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