An Overview of Certificate for Documentary Credit Specialists (CDCS) Exam
What is CDCS?
- Certificate for Documentary Credit Specialists (CDCS). CDCS is a worldwide recognised professional degree related to the field of documentary credits. The CDCS degree will promote career in trade field and expertise your skills on documentary credits and help your trade finance career.
Who Conduct the CDCS Exam?
- The London Institute of Banking & Finance (LIBF) Conduct the CDCS Exam
What is the CDCS Exam Syllabus?
- UCP 600 (Uniform Customs and Practice for Documentary Credits - 600)
- ISBP 745 (International Standard Banking Practice - 745)
- URR 725 (ICC Uniform Rules for Bank-to-bank Reimbursements Under Documentary Credits)
- ISP 98 (International Standby Practices - 98)
- eUCP (eUCP VERSION 2.0)
- Incoterms 2020
- Shipping Guarantee
- LOI (Letter of Indemnity)
- Money Laundering
- "The Guide to Documentary Credits" written by Gary Collyer.
- and more issues related to trade field...
How you will take preparation for the CDCS Exam?
- Maintain a daily routine for your study
- Generally it takes 6 more months
- Go through above mentioned syllabus in details
- Emphasise on Part-B, that is stand alone and Simulation Part
- Should read "The Guide to Documentary Credits" written by Gary Collyer at least three times.
Registration Procedures for CDCS Exam?
- Registration fee (pound sterling, or GBP ) £655.00 - price which includes study materials and exam entry
Exam Assessment
- The examination is split into two sections/parts:
- Section A contains - 60 multiple-choice questions
- Section B contains - ten multiple-choice questions and three (simulations) document checking exercises
- In Section B you have to get at least 24 marks out of 40. And in total you have obtain at least 70 marks out of 100.
- Exam hour Three hours and 15 minutes (3 Hours and 15 Minutes) that is total 195 minutes.
GO THROUGH LIBF LINK FOR FURTHER INFORMATION: Click Here...
DOWNLOAD CDCS EXAM STUDY MATERIALS: Click Here...
Published Date: 12/05/2023