Online Advanced Course on Bank Guarantees and Standbys
On-line Workshop on Bank Guarantees and Standby Letters of Credit with focus on International Rules and Practices
When: 28 May 2026; from 09:00 CET TIME (Central European Time)
Where: Online (platform ZOOM)
Contents:
An intensive, practice‑oriented seminar focused on the main types of bank guarantees and stand‑by L/Cs, their characteristics, inherent risks and costs. Participants will gain concrete know‑how for drafting critical clauses (effectiveness, reduction, termination), learn how to prevent disputes and how to defend the bank’s or client’s position in real‑life situations.
Practical Seminar on Bank Guarantees and Standby Letters of Credit:
This seminar is designed for bankers working in trade finance, especially those in guarantees, stand‑by letters of credit and export/import finance departments, as well as front‑office trade finance specialists and relationship managers. It is also highly relevant for bank lawyers, auditors, middle management, corporate banking managers, risk managers and compliance specialists, and for corporate professionals who regularly use guarantees and SBLCs — notably sales, finance, treasury and legal teams, exporters, importers and traders.
Participants will benefit from practical, role‑specific guidance that helps operations staff, client‑facing teams and in‑house legal and risk functions draft robust clauses, manage exposure and resolve disputed claims with greater confidence.
Key benefits
• Clear fundamentals — understand abstract vs accessory obligations and core features of demand guarantees.
• Instrument selection — know when to use tender, advance, performance, warranty or payment guarantees.
• Practical drafting — precise wording for effectiveness, reduction, termination and extension.
• URDG/ISDGP mastery — apply URDG 758 and ISDGP principles to reduce legal and operational risk.
• Error prevention — spot common demand mistakes and learn proven remediation steps.
• SBLC vs guarantee clarity — practical comparison of UCP 600, ISP98 and URDG 758 for operational choice.
Who will benefit
• Trade finance bankers in guarantees, SBLC and export/import finance teams.
• Front office specialists and relationship managers handling client guarantees.
• Bank lawyers, auditors and compliance officers responsible for wording, controls and dispute resolution.
• Risk managers and middle management overseeing exposure and pricing.
• Corporate teams using guarantees and SBLCs: sales, finance, treasury, legal, procurement, project managers.
• Exporters, importers and traders who rely on guarantees to secure cross border transactions.
Lecturer: Bc. Pavel Andrle, LL.M.:
- International trade finance advisor, consultant and trainer — Founder, Owner and Director of Trade Finance Consulting, s.r.o. With decades of hands on experience, he helps banks and corporates turn complex documentary rules into reliable, day to day practice.
- Former trade finance banker with senior roles across documentary payments, guarantees and export/import finance. His practical banking background ensures advice that is both technically sound and operationally realistic.
- ICC leadership and expert roles — Secretary to the Banking Commission of ICC Czech Republic; frequent DOCDEX Expert at the ICC International Centre for ADR in Paris; member of the ICC Banking Commission Task Force on Guarantees and the Working Group on Digitalization of Trade Finance and also GSCFF.
- Trusted educator and author — Certified ICC trainer on Incoterms 2020, vice chair of the ICC Banking Commission ISBP Educational Project, frequent contributor to leading trade finance publications, and author of best selling practical guides Examination of Documents under Documentary Credits and Documentary Credits in Practice. His books demystify complex rules and give practitioners clear, usable procedures.

Programme:
08:30 – 09:00
09:00 – 09:05
09:05 – 10:30
10:30 - 10:50
10:50 - 12:00
12:00 - 13:00
13:00 – 14:30
14:30 – 14:50
14:50 - 16:00
16:00
Registration
Welcome - introduction to the course
Security instruments: Guarantees and Standbys
- Abstract versus accessory (surety) obligations
- Main features of demand guarantees
- Main types of demand guarantees:
- tender guarantee
- advance payment guarantee
- performance guarantee
- retention money, warranty guarantee
- payment guarantee
- Life cycle of guarantees: direct and indirect guarantees
Break
ICC Rules for Demand Guarantees – URDG 758 & ISDGP
- Key principles of URDG 758 and how they translate into practice:
- Issuance of demand guarantees, wording of guarantees
- Amendments
- Clauses regarding coming into force, reduction, termination, extension – the narrow apprroach of URDG 758
- Advanced case study
Break
ICC Rules for Demand Guarantees – URDG 758 & ISDGP
- Demands
o Common mistakes in practice
- Various issues - debate
- Advanced case study
Break
Standby Letters of Credits, UCP 600 & ISP98
- Key principles of standby letters of credit v. demand guarantees
- Direct standbys, indirect standbys
- Common features: extention clauses
- Main operational issues: comparison UCP600 v. ISP98 v. URDG 758
Closing and Wrap up