Introduction:
Learn how Bank Guarantees (BG) and Standby Letters of Credit (SBLC) are used to secure payments and reduce risk in international trade.
This course provides a practical understanding of BGs and SBLCs, including their structure, types, and real-world applications. It also covers global rules such as URDG 758 and ISP98, helping you handle guarantee-based transactions with confidence.
What You Will Learn
- Types of Bank Guarantees (performance, financial, bid bond)
- Structure and usage of SBLC in trade transactions
- Key differences between BG and SBLC
- When to use BG vs SBLC
- Risk management in guarantee transactions
- Legal frameworks: URDG 758 and ISP98
- Real-world case studies
Course Highlights
- Focused on BG and SBLC (no unnecessary topics)
- Practical explanation with real scenarios
- Covers international rules and compliance
- Useful for banking and trade professionals
- Helps avoid common guarantee-related mistakes
Why Choose This Bank Guarantees (BGs), and Standby Letters of Credit (SBLCs)
You also get guidance for:
- Exam registration process
- Fee eligibility and discounts
- Documentation support
Course Modules
- Role in trade finance
- Risk mitigation in transactions
- Types: performance, financial, advance payment, bid bond
- Structure and usage
- Common risks and issues
- Types and applications
- Payment and performance SBLC
- Differences from traditional LC
- Key differences
- When to use each instrument
- Practical comparison
- URDG 758 rules
- ISP98 guidelines
- Compliance requirements
- Real trade finance cases
- Risk analysis and solutions
Who Should Enroll
Trade finance professionals
Bankers handling guarantees and LC
Exporters and importers
Legal and compliance professionals
Students entering trade finance
Disclaimer: This is an exam preparation program only.
All certifications are awarded by ACI Financial Markets Association after passing the official exams.
Benefits of the Course
- Understand BG and SBLC practically
- Reduce risk in trade transactions
- Improve compliance with global rules
- Make better decisions in financial structuring
- Increase career opportunities in trade finance
Course Deliverables
- Access to SIFL Learning Platform
- Study material (soft copy + audio)
- Video explanations
- Case studies
- Mock assessments
- Final certification test
FAQs
A Bank Guarantee is commonly used in domestic and international contracts, while SBLC is widely used in international trade as a payment guarantee.
Yes. BG and SBLC are key instruments in trade finance operations.
Yes. Both frameworks are included.
Basic understanding helps, but concepts are explained clearly.
Yes. It includes real-world scenarios and applications.