CDCS - Certificate of Documentary Credit Specialist

What is CDCS?

CDCS - Certificated Documentary Credit Specialist is ....

What, When, Where, Why & How of CDCS - Certificate of Documentary Credit Specialist

Topics of Importance

• Documentary credits - types, characteristics & uses, including standby credits
• Rules and trade terms, including UCP 600, ISP 98, ISBP 745, Incoterms 2010 & URR 725
• Parties to documentary credit transactions and their roles and obligations 
• Types and method 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