Webinar: Understanding UCP 600

To help exporters comprehend the UCP 600 so that they are updated and comply with the latest norms in international trade, Drip Capital, in association with Bhatia Export Training and Consultancy, has organized a webinar on Friday, 8th April 2022 at 3 pm.

Uniform Customs & Practice for Documentary Credit (UCP 600) is a set of rules and regulations established by the International Chamber of Commerce to provide guidelines for issuing and using letters of credit (LC). From understanding how credit works, how payments are made, what is a bill of lading, insurance and covering the cost of goods, etc., the UCP 600 is a rulebook intended to govern/standardize international trade, and reduce the risks of trading goods and services.

Discussion points:
What is the purpose of UCP 600, and is it legally binding?
General principles of UCP 600
What is an invoice, bill of lading, airway bill?
Insurance, and calculation of maturity date
Dealing with discrepancies, waivers, and giving notice

Speaker for the session:
Mr. Jagdish Bhatia (with 46 years of IMP EXP Experience)
Founder & Owner, Bhatia Export Training & Consultancy