Rules and Laws Governing Standby Letters of Credit (for Bankers) 2015

Topics

• What the Uniform Commercial Code is and what it says about letters of credit What the UCP600, ISP98, and URDG are and how they differ Legal obligations and rights of banks that issue, advise, confirm, and pay letters of credit Legal consequences of not understanding the law or the rules Impact on bank customers of using poor letter of credit wording

Who should Attend

• Bank Operations Managers
• Bank lending officers and Relationship Managers
• Bank Auditors and Examiners
• Risk Managers and Business Controls Officers
• Attorneys
• Bank Product Managers
• Accountants