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CPD finance online courses e-Learning CPD for accountants

Online management, finance and business courses to suit your learning needs, budget and schedule. As well as the merit of their content, courses can count as structured & verified, CPE / CPD for accountants.

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Business Finance CPD Online Course Description

UCP 600

UCP 600


On completion of this tutorial, you will be able to:

- outline the background and history of UCP 600
- describe the essentials of documentary credits under UCP 600

Tutorial Overview

Letters of credit, or documentary credits, are designed to reduce the payment risks and costs to buyers and sellers in international trade. For cross-border transactions, it is important that the same standards apply when it comes to the issuance of documentary credits. The International Chamber of Commerce (ICC) has established guidelines in order to mitigate risks arising from discrepancies in the definitions, obligations, and roles of the different parties involved in letters of credit. These guidelines are known as the Uniform Customs and Practice for Documentary Credits (UCP). The current version of these guidelines is UCP 600.

This tutorial provides the background to the development of UCP 600 and describes how documentary credits are structured according to the ICC guidelines. The basic principles and processes are covered, as are the roles of the parties involved in documentary credit transactions.

Prerequisite Knowledge
Letters of Credit – An Introduction

Tutorial Level: Intermediate

Registration Information

This short online course can be purchased individually or as part of the following discount scheme(s).


Once purchased, you will have access to this course for 365 Days.

Cost: 40.00   VAT*   Add to cart

Duration: 1 hours CPD units: 1.00

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