Objective:

With UCP 600 in place, ICC has modified the International Standard Banking Practice (ISBP) in April 2007 in order to ensure that all parties to a documentary credit are made aware of their obligations, rights, and remedies depending upon their undertaking with the issuing bank, the performance of the underlying transaction and the timeliness of any objection under applicable law and practice. The applicability of a provision of UCP 600 may also have an impact on international standard payment practice. The workshop will provide the opportunity to understand the new provisions in relation to documentary credits.

Participants:

The workshop is mainly designed for mid and senior level executives of commercial banks, non-banking financial institutions, readymade garments, export oriented industries and Officials who are concerned with the subject and involved in international business transaction.

Resource Person:

Mr. Vincent O’Brien, a member of the ICC Banking Commission, has been involved in the UCP 600 revision process. He also acted as a lead content writer of the ICC’s officially certified online UCP 600 training ‘UPS KILL 600’. Mr. O’Brien is a highly experienced practitioner of International Trade Finance and is a long-standing member of the ICC Banking Commission. He has more than 20 years international trade banking experience and has delivered trade finance training in more than 50 countries all over the world.

Venue: The Peninsula Chittagong, Chittagong

Contribution Costs:

For ICCB Members Tk. 7,000.00 Only

For Non-members Tk. 8,000.00 Only

Closing Date: Sunday, February 24, 2008

**No refund can be made for cancellation of nominations.

For more information:

Tel: 8621942, 9676698

Fax: 8621027

E-mail: iccb@bdmail.net

Web: www.icc-bd.org