Legal Procedures for Incoming and Outgoing Commercial Banks in Accordance with the Laws of the International Chamber Commerce Course

Introduction

    The importance of training courses is not only limited to professional life, as most of us think but training courses aim to transfer knowledge and practical experiences that enrich the skills of individuals and enhance their self-confidence, which contributes to the preparation of cadres which in turn contributes to the development and progress of institutions. Therefore, Strategic Vision Training Center aims to enhance the skills and experiences of individuals through the strongest training programs to keep pace with every development in the labor market.

Objectives

• How to create relationships with Swift correspondents, emails and bank correspondences

• Electronic document circulation

• Laws of the Electronic Commercial Court regulating documentary credits

• Basic conditions for export earnings and their use as a resource for banks

• Conditions for transfer in exchange for import... and its sources

Course content:

• ICC Rules on Uniform Documentary Credits (UCP600)

• Documentary credits under the Regulation of Uniform Customs and Rules for Documentary Credits

• The Chamber's work related to trade facilitation

• The commercial process of documentary credit, its stages and parties

• The stages of documentary credit and its basic principles

• The parties to the documentary credit and their roles

• The legal nature of the documentary credit

• Effective banking supervision in accordance with the basic principles of Basel

• Risks related to foreign trade, and the role of banks in reducing those risks

• Shipping documents, and original document examinations

• Internal and external letters of guarantee

Training methods:

• Case studies and practical exercises

• Role-playing

• Work simulation exercises

• Related videos

• Visual display

• Group workshops

• Guidance

Preparing the training bag

• At Strategic Vision Training Center, we are always keen on providing the best standards for the training content we offer

• Each program and training bag should include several axes:

           Analysis - Design - Development - Implementation – Evaluation

• In addition to, specialized team in designing training materials with the best quality standards which is appropriate to the needs and variables of training

Preparation of the training environment

One of our top priorities

• Choosing a training site, which is easy to be accessed by the trainees and that the training halls are suitable for the training program in terms of quality and luxury standards that we are keen on

The following factors are taken into consideration when choosing a training hall:

•  General atmosphere (space - system - ventilation)

•  Equipment of the hall (a place for rest periods - the quality of the offered food and beverage)