Demonstrate a level of expertise in documentary
credits that is recognised worldwide.
Improve knowledge and understanding of the
complex issues associated with documentary credit best practice.
Develop the skills to apply knowledge in the
workplace and to perform at a high level.
Add the professional designation ‘CDCS' after an
Multiple-choice examination based on knowledge
and application of that knowledge:3 hours.
Section A: 60 multiple-choice questions worth
one mark each.
Section B: 10 multiple-choice analysis questions
worth one mark each, 3 in-basket exercises with 5 questions per exercise worth
one mark each, and 3 simulation exercises with a maximum 5 marks per simulation.
Types, characteristics and uses of documentary
Rules and trade terms.
Parties to a documentary credit transaction and
their roles and obligations.
Types and methods of payment / credit 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.
Implications of breaching rules including money
laundering and terrorist financing.
It is our strong recommendation that practitioners take on
this qualification. Not only does it ensure that you are then recognised as
experienced in the field, but the course will also ensure that you have a solid
grounding in, and strong knowledge of, the subject matter.
In order to help students in their study, we have developed
on-line training material for the CDCS ® examination. This is comprised
of 10 modules with each module aligned to specific chapters of the CDCS ®
syllabus book 'Guide to Documentary Credits' 5th edition. In addition, we have
developed an assessment that consists of 60 multiple-choice questions that can
be used to familiarise yourself with the style of questions that are asked in