With special focus on current developments in documentary credit and bank guarantee world, forfaiting, factoring and supply chain finance, compliance issues in trade finance
Practical seminar on international best practices in documentary credits, explaining current developments and issues related to interpretation of UCP 600 and revised ISBP 745E  – the ICC rules for Documentary Credits.
Workshop will also focus on new developments in international bank guarantees with particular emphasize on implementation of URDG 758 – ICC Rules for demand guarantees. Significant time will be devoted to operational issues, practical case studies, examples and open discussions on the topics covered.
The second day of the seminar, will focus on very hot topics in the trade finance field: forfaiting and URF (ICC Rules for Forfaiting), factoring, supply chain finance, BPO (bank payment obligation), compliance issues in trade finance such as AML, sanctions and embargoes, and terrorist financing.
DATE: 18 – 19th January, 2016
VENUE: Hotel NOVOTEL, Gedimino ave. 16, Vilnius
– bankers working in trade finance, particularly in documentary credits, collections, bank
– guarantees and export financing departments;
– front office bank specialists, relationship managers;
– specialists in trade finance, bank risk managers, internal auditors;
– exporters, importers and traders;
– carriers, freight forwarders, insurance companies;
– lawyers, advocates, academics;


International expert- PAVEL ANDRLE  

Mr. Andrle is a Secretary to the Banking Commission of ICC Czech Republic which he regularly represents at the ICC Banking Commission meetings abroad. He chaired the working groups of ICC CR which revised translations of UCP 500, UCP 600, eUCP, ISP98, URDG 758 and other Banking Commission documents as well as Incoterms 2010 into Czech language. He has been deeply involved in the revision of UCP as a member of UCP 600 Consulting group being formed by over forty experts from all over the world. He has been also closely involved in revision of URDG 758. Mr. Pavel Andrle  is an international trade and finance consultant and lecturer. He has worked for a number of leading local and international banks in various positions.



Early bird special until 1st of December, 2015:
– 240 EUR for members of Lithuanian Business Confederation
260 EUR for non-member

After 1st of December 2015:
– 270 EUR for members of Lithuanian Business Confederation
– 280 EUR for non-member

Price for one day seminar:
 – 210 EUR

For registration please fill in the registration form and send it by fax: +370 5 212 2621 or by
e-mail: at latest by 13th January, 2016

Contact person: Ms. Monika Glinskyte, Project Manager
Lithuanian Business Confederation
Ph.: +370 5 212 1111+370 5 212 1111, Mob.: +370 684 51 533+370 684 51 533


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