Certificate for Specialists in Demand Guarantees (CSDG)


About the CSDG

Over recent years, there has seen a significant increase in the use and importance of demand guarantees worldwide. The Certificate for Specialists in Demand Guarantees (CSDG) has been designed to enable demand guarantee professionals to demonstrate their knowledge and expertise in a highly technical area of international trade.

CSDG will develop students' knowledge and expertise in the use of guarantees, industry rules, legislation and the challenges relating to demand guarantees and standby credits.

CSDG was developed by the ifs University College in partnership with the International Chamber of Commerce (ICC). This qualification has been designed with input from leading industry experts to keep the contents relevant in an ever-changing sector.

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Studying CSDG will enable you to understand:

  • Demand guarantees – types, documents / non-documentary conditions
  • Indemnities, Suretyship and standby letters of credit – types, required documents and comparisons to demand guarantees
  • Scope of industry rules including URDG 758 and ISP98
  • Parties involved in demand guarantees and their roles and obligations
  • Risk issues, including types, control and mitigations
  • Impact of external factors, including governing law, jurisdiction, force majeure, UN convention and national laws
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When you have successfully completed the CSDG qualification, there are two study pathways available to students:

One option is to study the Certificate for Documentary Credit Specialists (CDCS®) . This professional certification enables documentary credit practitioners to demonstrate specialist knowledge and practical application. CDCS is the international benchmark of competence of documentary credit practitioners.

The second qualification available is the Certificate in International Trade and Finance (CITF®) , designed to enable trade, export and commodity executives to gain a thorough understanding of key procedures, practices and legislation in trade finance on an international level.


To register for CSDG send a completed registration form to ifs University College . An electronic copy of the registration form is available to download from the link below.

Registration Form - Download

About the ICC


The International Chamber of Commerce (ICC) - the World Business Organization - is the largest, most representative business organization in the world. With hundreds of thousands of member companies in +130 countries have interests spanning every sector of private enterprise. The ICC Banking Commission is a leading global rule-making body for the banking industry. It produces universally accepted rules and guidelines for international banking practice and has rightly gained a reputation of the most authoritative voice in the field of trade finance.

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About the ifs University College

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ifsUniversity College is the university for financial education. London-based, it is a registered charity incorporated by Royal Charter that exists to ensure a flow of talented individuals into the financial services industry and related sectors. Its qualifications enable individuals to reach their full professional potential and encourage appropriate and ethical practice. It also works to enhance the financial wellbeing of future generations through its unique personal finance qualifications and wider financial capability initiatives.

ifs University College Website - Click Here

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