L/Cs and collections find broad interest at CEE region seminar

Representatives of banks throughout the Central and Eastern Europe Region attended the half-day educational course on UCP600, held in Vienna on 29th January.

At the event, hosted by Bank Austria, Radek Dobas, the highly experienced Head of Documentary Payments at Ceska Sporitelna, spoke about the International Chamber of Commerce rules for documentary credits set out in UCP 600. 17 delegates, drawn from 10 different banks in 7 countries attended the seminar.

It was followed by a cocktail reception at the traditional Viennese Meinl Bar where participants were able to discuss business in an informal atmosphere.

Semih Özcan, Head of Secondary Loan Trading and Distribution at RZB, Vienna and Chairman of ITFA’s CEE Regional Committee said that the event was highly successful and concludes, “On behalf of ITFA Board and as Chairman of the CEE Region, I would like to thank to our sponsors Bank Austria for arranging the education course at their premises, Ceska Sporitelna and Mr. Dobas for sparing time to give this lecture and Meinl Bank for sponsoring our evening cocktails.”