Certificate for Documentary Credit Specialist
About This Course
The Certificate for Documentary Credit Specialists (CDCS) is a professional qualification that is recognised worldwide as a benchmark of competence for international practitioners.
The CDCS has been developed in consultation with industry experts to make sure that the qualification reflects best practice. It was created by the International Financial Services Association (IFSA) and The London Institute of Banking & Finance and was first examined in 1999.
Course Type :
Study Mode :
Certificate and Professional Diploma
Career Advancement Areas
The CDCS is a RQF* Level 4 qualification that is recognised worldwide as a benchmark of competence in documentary credits. It enables documentary credit practitioners to demonstrate practical knowledge and understanding of the complex issues associated with documentary credit practice.
What You Will Learn
- Documentary credits – types, characteristics and uses, including standby credits
- Rules and trade terms, including UCP 600, ISP98, ISBP 745, Incoterms® 2010 and URR 725
- Parties to documentary credit transactions and their roles and obligations
- Types and methods of payment / credit used in documentary credit transactions, including the concept of autonomy
- Types of transport, commercial and financial documents used in documentary credit transactions
- Risk issues, including types of risks, control and possible mitigations
- Related products, including letters of indemnity, air way releases and steamship guarantees
- Implications of breaching rules including money laundering and terrorist financing
Workshop & Lectures
Who Should Register?
Banking and Trade Finance Professionals