Introduction

Learn how demand guarantees and bank guarantees work under URDG 758, the global standard published by the ICC.

This course provides a practical understanding of Uniform Rules for Demand Guarantees (URDG 758), focusing on how guarantees are issued, examined, and enforced in international trade and infrastructure projects.

It is designed for professionals who need to handle guarantee-based transactions with accuracy and compliance.

• Fundamentals of demand guarantees and bank guarantees
• Structure and application of URDG 758
• Key articles and their practical meaning
• Independence principle in guarantees
• Document examination rules
• Handling amendments, expiry, and claims
• Risk management in guarantee transactions

• Practical explanation of URDG 758 rules
• Focus on real guarantee transactions
• Covers ICC-standard compliance
• Useful for banking and trade professionals
• Case study-based learning

• Trade finance professionals
• Bankers handling guarantees
• Legal and compliance professionals
• Infrastructure and project finance professionals
• Students entering trade finance

• Understand global guarantee rules (URDG 758)
• Reduce risk in bank guarantee transactions
• Improve compliance with ICC standards
• Handle claims and documentation confidently
• Enhance career opportunities in trade finance

• Access to SIFL Learning Platform
• Study material (soft copy + audio)
• Video explanations
• Case studies
• Mock assessments
• Final certification test

Course Modules

Introduction to URDG 758

Purpose and scope of URDG

Role in international trade and projects

Key Articles & Definitions

Article 1: Application

Article 2: Definitions

Interpretation in real transactions

Independence of Guarantees

Article 5 explained

Separation from underlying contract

Risk implications

Compliance & Document Examination

Articles 15–22

Document checking rules

Common issues in claims

Amendments, Expiry & Legal Framework

Article 11: Amendments

Articles 25–26: Expiry and force majeure

Handling disputes and claims