October 24, 2013
With the ever-increasing complexity required to use commercial LCs, Guarantees & Standby LCs will play an increasing role in world commerce.
Learn how to make Guarantees and Standbys work for you and your business. These conferences and seminars break down the concepts into easy to understand guidelines you can use immediately in your organization.
What you will learn:
- Increased understanding of names, terminology and laws governing your undertakings
- Learn what options are available if your undertaking will expire shortly
- Learn how Evergreen Clauses work, and how to identify and avoid potential pitfalls
- Understand and avoid Fraud or Abuse claims on your undertakings
- What to do if a Beneficiary is making an abusive drawing