Operational Issues in Documentary Credit Transactions & ICC Rules [The registration is closed for this event]

Organised By: Mahratta Chamber of Commerce, Industries and Agriculture with ICC India – BNP Paribas


Venue:Sumant Moolgaokar Auditorium, Ground Floor (A Wing), MCCIA, S B Road, Pune   Date:Jul 20, 2017    Time:09:45:AM - 5:00:PM

Contact Person: Ms. Madhura Chipade, Phone: 91-20-25709213 , Email:

Mr. Sudhanwa Kopardekar, Phone: 91-20-25709211 , Email:

At the outset, Greetings from ICC India, Indian Affiliate of the Paris based International Chamber of Commerce (ICC), the world business organization. As you are aware, ICC evolves rules for trade operations with a view to facilitate international trade transactions. These rules are a must to know for corporates, bankers, businesses, consultants and law firms, especially those concerned with international trade. Lack of awareness of these rules and their application in the day-to-day work can cost the businesses huge sums of money. It has, therefore, been the continuous endeavor of ICC India to sensitize all concerned on these important trade facilitation rules. It is against this backdrop that ICC India, in association with BNP Paribas, is organizing an important seminar on “Operational Issues in Documentary Credit Transactions & ICC Rules” Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), Trade Tower, ICC Complex, 5th Floor Senapati Bapat Road, Pune (in association with MCCIA) on Thursday, 20th July 2017.

The seminar will be led by Mr K Parameswaran, Corporate Advisor and a leading trade expert in International Trade and Finance. This seminar will focus on important issues like UCP 600 Rules and establishing documentary credit and amendments – impact of Article 4, 5, 6 & 10 on structuring a documentary credit and subsequent amendments: significance of Art 14 on examination of documents; impact of stipulating conditions ‘expressly modifying UCP’ in the documentary credit. Other issues, to be covered during the seminar, will be standard examination of documents under documentary credit and disposal of discrepant documents – article 14 and ISBP 745 on standard examination of documents; article 16 on notice of discrepancies and disposal of discrepant documents. The seminar will also highlight global developments in introducing Bank Payment Obligation (BPO) as a product followed by block chain – as an alternate trade product along with a review of RBI’s guidelines relating to EDPMS and IDPMS. The interactive session will offer the participants a valuable opportunity to bring their experiences and concerns to the debate and get clarifications from the acknowledged expert on International Trade. To make the deliberations interesting and useful, this seminar will be based on practical case studies and Docdex decisions. It will involve participants in an interactive learning experience and demand participants to apply the ICC rules in a more professional manner. Additionally, those who have passed the CDCS/CSDG examination earlier can claim 6 PDUs towards recertification.

To defray a part of the organizational expenses, a participation fee of Rs 4,000/- per delegate for ICC India members and Rs 5,000/- per delegate for non-members has been fixed. Kindly Note: 18% GST is applicable. Group discount is available. Cheque/DD to be drawn in favour of ICC India payable at New Delhi.

Participation Fee Per Delegate (Excluding 18% GST)

For ICC India and MCCIA members

Up to 2 Rs. 4,000/-
upto 3 to 6 Rs. 3,500/-
upto 7 and more Rs. 3,000/-

For non members

Up to 2 Rs. 5,000/-
upto 3 to 6 Rs. 4,000/-
upto 7 and more Rs. 3,500/-

Please confirm your participation