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.
What You Will Learn
- 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
Course Highlights
- 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
Why Choose This Uniform Rules for Demand Guarantees (URDG 758)
You also get guidance for:
- Exam registration process
- Fee eligibility and discounts
- Documentation support
Course Modules
- Purpose and scope of URDG
- Role in international trade and projects
- Article 1: Application
- Article 2: Definitions
- Interpretation in real transactions
- Article 5 explained
- Separation from underlying contract
- Risk implications
- Articles 15–22
- Document checking rules
- Common issues in claims
- Article 11: Amendments
- Articles 25–26: Expiry and force majeure
- Handling disputes and claims
Who Should Enroll
Trade finance professionals
Bankers handling guarantees
Legal and compliance professionals
Infrastructure and project finance 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 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
Course Deliverables
- Access to SIFL Learning Platform
- Study material (soft copy + audio)
- Video explanations
- Case studies
- Mock assessments
- Final certification test
FAQs
URDG 758 is a set of international rules governing demand guarantees issued by banks.
Yes. URDG 758 applies to demand guarantees, which are commonly used as bank guarantees.
Bankers, trade professionals, and anyone dealing with guarantee-based transactions.
Basic understanding helps, but concepts are explained clearly.
It focuses on practical application with real scenarios.