BANK GUARANTEE AND URDG 758
Objective:
To have a fundamental understanding of Bank Guarantees, its significance and types along with general overview of local regulations and ICC Rules on Bank Guarantees. Similarly, this training also aims to provide the proper understanding of the contents of various fields in SWIFT messages related to Bank Guarantees along with the risks involved.
Workshop Coverage:
- Definitions
- Parties to a Bank Guarantee
- Local and International Guarantees
- Major Types of Guarantees
- Risk in Bank Guarantees
- MT 760, MT 767
- URDG 758
- NRB Regulations related to Bank Guarantee
- Customs Regulations related to Customs Guarantee.
Target Audience:
- Trade and finance enthusiasts and employees working in the field
- People working in Corporate and SMEs
- Relationship managers
- Branch managers
- Audit and Compliance officers
- Contractors and Project officers
- Undergraduate and Postgraduate students undertaking banking as area of specialization
- Lecturers, teachers, trainers and researchers involved in International trade and Supply Chain management
- Entrepreneurs of Small and Medium Enterprise.