信用证专业考试练习个案.pdfVIP

信用證專業考試練習個案 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 l