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ICC - IFS Certificate for Specialists in Demand Guarantees (CSDG)

14/01/2014 The ICC and IFS have announced the development of the above certification programme for guarantees specialists. Registrations for the June 2014 examination are now open until 31 March 2014. Further details can be found at the following link: http://institute.ifslearning.ac.uk/Qualifications/QualificationsinTradeFinanceDocCredits/CSDG.aspx

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A nominated bank does not act on its nomination and sent the documents to the issuing bank (presented invoice is issued for an amount in excess of the amount permitted by the credit, but the covering letter indicates an amount and draft amount permitted by the credit), must the issuing bank honour as per UCP 600 sub-article 18 (b)?

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ICC - IFS Certificate for Specialists in Demand Guarantees (CSDG)

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