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ICC Romania
two days Seminar on
Trade fnance operations from bankers
and companies perspective,
ICC Rules in daily business
How to mitigate risks, avoid problems and disputes?
With special focus on New ISBP 745E, New practices,
ICC Opinions and recent developments
Practical seminar on international best practises in documentary credits, explaining provi-
sions of UCP 600 and newly revised ISBP 745E the ICC rules for Documentary Credits.
Workshop will also focus on new developments in forfaiting and international bank guaan-
tees with particular emphasize on implementation of URDG 758 ICC Rules for demand guar-
antees. Signifcant time will be devoted to operational issues, practical case studies, examples and
open discussions on the topics covered.
The seminar is specifcally designed to address the current situation in the global economics
the shift towards traditional means of payment as the most secure payment instruments as the
payment risks and uncertaintity escalate. The seminar deals with the most common situations and
practical issues in order to familiarize the participants with the crucial elements of international
standard banking practice.
This Seminar is a must for:
- bankers working in trade fnance, particularly in doc-
umentary credits, collections, bank guarantees and
export fnancing departments;
- front offce bank specialists, relationship managers;
- exporters, importers and traders;
- carriers, freight forwarders, insurance companies;
- specialists in trade fnance;
- lawyers, advocates, academics.
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First day of the seminar, 19
th
of May, 2014

Topic: Documentary Credits, UCP 600 and new ISBP 745
08:30 09:00 Registration
09:00 10:30 Documentary Credits Cycle
Documentary Credits Cycle
Issuance, Advising, Confrmation Main operations issues
Questions and Answers, Discussion
10:30 10:50 Coffee & networking break
10:50 - 12:00 New ISBP 745E What is new?!
General provisions
Signifcant changes, new wording, impact
Originals v. copies
Language of the documents
Case Study
12:00 - 13:00 Lunch
13:00 14:30 New ISBP 745E What is new?!
New ISBP focus on examination of individual documents
Focus on:
- multimodal transport documents bills of lading
- insurance documents
New provisions, examples, cases
14:30 - 14:50 Coffee & networking break
14:50 16:30 Documentary Credits Examination of documents
Examination of documents as per UCP 600 and ISBP 745, main rules
Advanced Case study
Discussion
16:30 - 17:00 Debates, Closing remarks
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Second day of the seminar, 20
th
of May 2014

Topic: L/Cs, Guarantees, New developments ICC Rules
on BPO and Forfaiting
09:00 10:30 Documentary Credits Examination of documents
Recent issues, cases, examples
Questions and Answers
Discussion
10:30 10:50 Coffee & networking break
10:50 - 12:00 Bank Guarantee Update URDG 758 in operations
Demand Bank Guarantees practical issues
Drafting of a guarantee wording main rules
URDG 758 Recent developments new ICC Opinions
Current issues
Discussion
12:00 - 13:00 Lunch
13:00 13:30 Bank guarantees operational issues
Examples of problematic wording
Demands operational issues
Othe practical issues
Discussion

13:30 14:30 New ICC Rules on Bank Payment Obligations - BPO
How BPO operates
Use of BPO in practice, products
Debates
14:30 - 14:50 Coffee & networking break
14:50 16:00 Recent Developments ICC Rules on Forfaiting
How forfaiting operates?
Main types of receivables, discounting calculations
URF 800 ICC Rules on Forfaiting
16:00 - 16:30 Debates, Closing remarks
Material relevant to the course will be distributed and a certifcate of attendance
will be delivered to all those who completed the course.

Lunch and coffee breaks will be provided during the Seminar.
Seminar Language English
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M
r. Andrle is a Secretary to the
Banking Commission of ICC
Czech Republic which he regu-
larly represents at the ICC Banking Commis-
sion meetings abroad. He chaired the working
groups of ICC CR which revised translations of
UCP 500, UCP 600, eUCP, ISP98, URDG 758
and other Banking Commission documents as
well as Incoterms 2010 into Czech language.
He has been deeply involved in the revision
of UCP as a member of UCP 600 Consult-
ing group being formed by over forty experts
from all over the world. He has been also close-
ly involved in revision of URDG 758. He chaired
the working group of ICC Czech Republic which
translated the URDG 758 rules into Czech lan-
guage. Nowadays he is a member of ICC Task
Force on Guarantees, also a member of
the new ICC Banking Commission Con-
sulting group for Forfaiting (developing the
new ICC rules for Forfaiting), and a member
of the new ICC Banking Commission Con-
sulting group for Rules on BPO. In 2010
- 2011 he also served as a member of the
ICC Banking Commission Group of Ex-
perts which drafted the offcial ICC Bank-
ing Commission Opinions on ICC Rules.
Mr. Andrle worked closely with Mr. Miro-
slav Subert, a member of the Incoterms 2010
Drafting Group and Secretary of International
Trade, Transport and Insurance commission of
Czech Republic as his Assistant during the revi-
sion of Incoterms and cooperated in the offcial
translation of Incoterms 2010 into Czech lan-
guage. He has delivered numerous seminars on
the Incoterms 2000 and Incoterms 2010, both
in Czech Republic and abroad.
Mr. Pavel Andrle is an international trade f-
nance consultant and lecturer. He has worked for
a number of leading local and international banks
in various positions (for instance as trade fnance
specialist, head of trade fnance, trade fnance risk
manager, in-house trainer). Frequent Lecturer in
Documentary Credits, Bank Guarantees & Trade
Finance for Bankovni Instititut Vysoka, Institute of
Foreign Trade Transport & Forwarding, ICC CR
and Economic Chamber of Commerce of Czech
Republic. Regular facilitator in seminars abroad in
English for ICC National Committees world-wide.
Mr. Andrle has lead or participated in num-
ber of seminars held in Bangladesh, Cambodia,
VietNam, India, Sri Lanka, Nepal, China, Phili-
ppines, Singapore, Sierra Leone, Zambia, Ugan-
da, South Africa, Nigeria, Poland, Serbia, Bul-
garia, Slovakia, Ireland, Lithuania, Latvia, Malta,
Georgia, Turkey, Russia, Mongolia, Uzbekistan,
Azerbaijan, Trinidad and Tobago, etc. He is au-
thor of the publication Documentary Credits a
Practical Guide published by Grada Publishing,
a.s. He has written a Commentary to UCP500 in
the light of ISBP and other ICC Banking Commis-
sion documents and Commentary to UCP600
published by ICC CR (all in Czech language).
Recently his book on Examination of doc-
uments under Documentary Credits has
been published by ICC CR (in English language).
Appointed ICC CR expert to reply to enqui-
ries related to Documentary Credits and Trade
and Structured Finance development of techni-
cal assistance consultancy services of ICC CR to
banks, carrier, insurance companies and traders.
It includes advisory services and in-house techni-
cal assistance in banks and companies.
DOCDEX Expert of ICC Centre for Ex-
pertise with ICC International Arbitration
Court, ICC Paris, arbitrator with Vilnius Arbi-
tration Court, Lithuania. He is active trainer
under Global Trade Finance programme of IFC
(International Finance Corporation a member
of World Bank Group) as a consultant for the
global training frm in international trade and f-
nance GTI. Mr. Andrle is the lead tutor in the Fi-
nance of International Trade with the electronic
Business School International. Mr. Pavel Andrle
can be contacted at
[email protected] or
[email protected]
About the Trainer
Mr. Pavel ANDRLE