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Level 7 Diploma in International Business Law

International Trade Finance and Payment Mechanisms

IBL701 · International Trade Law — Week 10 of 16

CourseIBL701
Week10 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

International Trade Finance and Payment Mechanisms

  1. Documentary credits and UCP 600 legal rules
  2. Demand guarantees and Standby Letters of Credit (URDG 758)
  3. Bills of exchange and documentary collections
  4. Legal fraud exception in international letters of credit
  5. Topic 4: International rules and usages for bills of lading and letters of credit
  6. UCP 600 Vs URDG 758| Key Comparison
  7. What is a Complying Presentation? UCP 600 Rules Explained

What you will be able to do

  • 3.2 Critically analyse legal rules relating to the financing of international sales.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: critically analyse legal rules relating to the financing of international sales.

Study materials

Videos

  • Topic 4: International rules and usages for bills of lading and letters of credit · YouTube · UNCITRAL: United Nations Commission on International Trade Law · 155 min · for registered students
  • UCP 600 Vs URDG 758| Key Comparison · YouTube · Vanijja | Trade Insights · 7 min · for registered students
  • What is a Complying Presentation? UCP 600 Rules Explained · YouTube · Vanijja | Trade Insights · 8 min · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 9Week 11
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

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Course plan
  • Week 1: Economic Foundations of Multilateral Trade and GATT Princip…
  • Week 2: Institutional Architecture and Operation of the WTO
  • Week 3: Market Imperfections, Distortions, and Trade Barriers
  • Week 4: Preferential and Regional Trade Agreements
  • Week 5: International Competition Policy and Strategic Environmenta…
  • Week 6: Formation and Structure of International Sales Contracts
  • Week 7: Contractual Performance, Validity, and Breach in Internatio…
  • Midterm: Midterm evaluation
  • Week 9: Digital Trade and Cross-Border Electronic Contracting
  • Week 10: International Trade Finance and Payment Mechanisms
  • Week 11: Exchange Rate, Legal, and Regulatory Risks in Global Commer…
  • Week 12: Applying International Trade Law in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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