信用证专业考试练习个案.pdf

信用證專業考試練習個信用證專業考試練習個案案 CDCS Case Studies INTRODUCTION The enviable title of CDCS Certified Documentary Credit Specialist is to certify banker s competence on UCP 600 But traders and accountants may also sit for this examination The case studies are the most difficult part in CDCS examination We have the honour to invite Mr T O Lee from Canada to design difficult case studies to deal with the tricky part in UCP 600 articles and to help participants understand the implication and underlying intent of the articles to increase the chance of success Those who do not apply for CDCS examination can also gain insightful knowledge on UCP 600 by doing the case studies Participants can reduce the discrepancies and are more confident to prepare perfect documentation CONTENT OUTLINES 1 The beneficiary presents documents to his friend working overtime on Sunday in credit department From which day time is going to run for sending refusal notice Monday or Tuesday 2 Samples of unclear wordings used in a notice of refusal making it invalid 3 For a confirmed credit the beneficiary presents directly to the issuing bank What are the risks 4 The real intent of Single notice in article 16 c and the legal interpretation by the High Court of Hong Kong in Total Hutchison Energy Asia Limited Hong Kong Standard Chartered Bank Hong Kong 5 After 1 July 1997 a branch of Bank of China in Hong Kong is the same bank or a different bank 6 Under which specific condition that a confirmed credit may become unconfirmed for the full amount without the consent of the beneficiary 7 In a credit providing instalment shipments would a waiver for late shipment of the first instalment re validate the second and third instalment shipments 8 A credit requires a bill of lading consigned to the order of party B The bill of lading presented is consigned to the order of party A but endorsed to order of party B Is the consignee discrepant For party B is such endorsement better or worse 9 Terms like purchase advancing funds agreeing to advance funds and prepay are used in USB 600 What they really mean 10 The issuing bank gives an oral wavier of discrepancies to the beneficiary witnessed by a priest Can the issuing bank revoke its waiver at a later date SPEAKER T O LEE FAE MCIArb MITD Mr Lee is named as one of the nine best letter of credit experts in a global survey by L C Views USA in 2005 He is a DOCDEX Letter of Credit Expert appointed by the International Chamber of Commerce ICC He is a member of the UCP 600 Consulting Group He is also a member of the Editorial Board of the ICC Publication Documentary Credits Insight 1994 1999 and a Technical Adviser of L C Monitor in Canada and L C Views in USA He is also a Fellow and an Accredited Expert Letter of Credit of the Academy of Experts Gray s Inn London a Member of the Chartered Institute of Arbitrators London a Member of the United Nations International Multimodal Transportation Association Geneva and a Member of the Institute of Training and Development England He was a columnist in the Lloyd s of London Press Maritime Asia Intermodal Asia magazine 1993 1995 He has been contributing since 1993 a Saturday column in the Hong Kong Economic Journal 信報 He chairs public seminars in China Hong Kong Macau Taipei Singapore Bangkok Malaysia the Middle East Europe USA and Canada providing in house training and consultancy services to Fortune 500 corporations and banks globally He also provides expert witness services to international legal firms in letter of credit litigations CDCS exercises highlights of resolved cases and over 1 000 articles published in authoritative publications can be found in his letter of credit website What Others Have To Say A brief discussion with Mr Lee will convince you of his expertise on International Trade particularly for his knowledge and experience in maritime chartering multimodal transport marine cargo insurance trade frauds the China Trade mediation and arbitration Charles del Busto Chairman of ICC Banking Commission 1990 1996 Mr Lee s presentation is thought provoking and original in its content It brings to light not only problems with documentary credits but also solutions that you could obtain only from practical experience working in the field I highly recommend it to both bankers and traders who are serious about letters of credit Jacob Katsman Managing Editor LC Monitor Canada Most comprehensive information in the handouts inspiring presentation professional in every respect introducing the latest international trade fraud cases with in depth analysis S C Kwok Vice President Citibank Hong Kong Clear and focused line of thoughts lively presentation experienced in handling questions lots of case studies from the speaker s own work file to be shared with us Ding Bo Director Zhum Heng Development Ltd Guangdong Group Hong Kong Handouts are clear concise and focused with lots of real life cases to reflect the current trading environment and the important changes in the market place Kenneth Y M Lee Senior Consultant Bank of Communications Manhattan New York USA OTHER COURSE DETAILS 課程編號 Course Ref no IFS 017 2009 上課時間 Class Schedule 2009年 09月 18日 上午九時半至一時及下午二時 至五時半 September 18 2009 9 30am 1 00pm 2 00pm 5 30pm 課時 Duration 7小時 7 hours 授課語言 Medium of Instruction 廣東話授課 英語教材 Cantonese with handouts in English 學費 Fees 本會會員澳門幣 1 000元 非會員澳門幣 1 300元 MOP1 000 for IFS member MOP1 300 for non member 截止報名日期 Deadline for Application 2009年 08月 28日 August 28 20