the 31 January is the deadline to register for the Certificate for - TopicsExpress

the 31 January is the deadline to register for the Certificate for Documentary Credit Specialists (CDCS) exam. The actual exam will be held in April. Further information on CDCS and details of how to register can be found below and in the attached pdf documents. click here for more information: iccwbo.org/About-ICC/Policy-Commissions/Banking/Certificate-for-Documentary-Credit-Specialists-(CDCS)/ The Certificate for Documentary Credit Specialists (CDCS) is a professional qualification that is recognized worldwide as a benchmark of competence for international practitioners. It enables documentary credit practitioners to demonstrate practical knowledge and understanding of the complex issues associated with documentary credit practice. CDCS was developed in partnership by the Institute of Financial Services and endorsed by the International Chamber of Commerce (ICC) and was designed in consultation with industry experts to ensure that the qualification reflects best practice. CDCS develops core knowledge and understanding of the following areas: * Documentary credits - types, characteristics and uses, including standby credits * Rules and trade terms, including UCP600, ISP98, Incoterms 2010 and URR725 * 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 mitigations * Related products, including letter of indemnity, Air Way Releases and Steamship Guarantees This will enable you to demonstrate a level of expertise in documentary credits that is recognized worldwide as well as improve your knowledge and understanding of the complex issues associated with documentary credit best practice. In addition, this will help to develop the skills to apply your knowledge in the workplace and to perform at optimum levels. Obtaining this certification will give you the right to add the professional designation ‘CDCS’ after your name and work to improve your career and promotion prospects.

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