Introduction to Guarantees

General practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.

This eLearning course is part of the Global Trade Certificate (GTC) and includes a self-assessment tool to help you prepare for the final examination of the GTC.

However, please note you will only be able to take the final exam and recieve the certificate if you purchase the full Global Trade Certficate course. You will not be able to take the exam if you make multiple, separate purchases of individual courses that together make up the GTC.

The pass grade for the GTC exam is set at 70%.

Module 1 Overview of Guarantees

Module 2 Family of Independent Instruments

Module 3 Structure of a Guarantee

Module 4 Types of Guarantees – most common forms

Module 5 Jurisdiction and rules

Module 6 Life cycle of a Guarantee

Module 7 Demand under a Guarantee

Module 8 Case Study

Module 9 Assessment

ANDREA HAUPTMANN
Senior Director, Head of Guarantees Department at Raiffeisen Bank International

Andrea Hauptmann Joined Raiffeisen Bank International (former RZB) in September 1984 after a short postgraduate study in Cambridge, UK, working in the documentary department on import/ export LCs and since 1988 on bank guarantees; took over responsibility of the guarantee business in 1991, was appointed Director in 1997 and Senior Director in 2000.

Member of ICC Austria and delegate to the ICC Banking Commission since 1997
Founding member of the ICC Guarantee Task Force in spring 2003
Elected Chair of the ICC Guarantee Task Force in March 2012
Appointed as member of the Executive Committee of the ICC Banking Commission in October 2013
One of the seven member Drafting Group for the revision of the URDG in spring 2007.
Regular speaker at various national and international seminars and conferences since 1991.
Author of various publications/articles on bank guarantees.