Education and Certification

About our Education and Certification

Training and Certification

Over ten thousand people in 100+ countries have trained and certified in international trade finance using our suite of ICC online training services and approved certification facilities.

Certificate for Documentary Credit Specialists (CDCS)

Certification

The Certificate for Documentary Credit Specialists (CDCS) is a professional qualification that is recognized worldwide as a benchmark of competence for international practitioners. CDCS was developed 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, includingUCP600, 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

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Online Training

Online Training
We currently have a number of Trade Finance related online trainings.
Trade Finance online training suite - the most comprehensive online training in documentary credits, standby letters of credit, collections, demand guarantees and bank payment obligations.
This will ensure that trade finance professionals have the requisite skills to issue, process and honor traditional trade finance products in line with the provisions of the major ICC trade finance rules and standards.

The Trade Finance Suite covers all you need to know to efficiently handle:


We also offer two other trainings:
4 hours of structured training in all aspects of the URBPO, from the basic concepts through to a detailed analysis of the rules.
6 hours of online instruction and training in the International Standard Banking Practice for the examination of documents under documentary credits (ISBP).

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