An introduction to the world of guarantees

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Now more than ever, it's vital that those involved with trade finance, whether recently furloughed, unemployed or working from home, are supported in developing their knowledge.

We're here to help. We're launching a six-part series of free trade finance webinars, based around our six, industry leading, benchmark qualifications. These informative and interactive sessions will give you an insight into what's covered in our courses.

Andrea Hauptmann will be hosting the second Trade Finance Webinar: An introduction to demand guarantees. The session will be based around the Certificate for Specialists in Demand Guarantees (CSDG). This qualification will deepen your understanding of the industry rules and the challenges around demand guarantees and standby letters of credit.

Andrea will cover:

• terminology
• definition
• characteristics
• a lifecycle of guarantees
• wording
• cancellation
• amendment
• demand
• termination
• the International Chamber of Commerce Uniform Rules for Demand Guarantees (URDG758).

Who should attend?
This webinar is free and open to all. It will be of particular interest for trade finance professionals involved in the demand guarantee business.

Who will be speaking?
Andrea Hauptmann, Senior Global Consultant on Trade Finance, Raiffeisen Bank International

Andrea is a Senior Global Consultant Trade Finance at Raiffeisen Bank International AG in Austria. She is Chair and Founding Member of the ICC Task Force on Bank Guarantees, as well as a regular speaker at international conferences since 1991. Andrea is also a member of the Executive Committee of ICC Banking Commission.