The London Institute of Banking &


Certificate for Documentary Credit Specialists

CDCS is the benchmark international qualification for the documentary credits sector. Studying this qualification enables you to enhance your practical knowledge and understanding of the complex issues associated with documentary credit practice. It provides you with the required skills to perform effectively in a fast-paced commercial international trade environment.

Studying this qualification develops core knowledge and understanding of the following areas:

  • Documentary credits - types, characteristics and uses, including standby credits
  • Rules and trade terms, including UCP 600, ISP98, ISBP 745, Incoterms® 2010 and URR 725
  • 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 possible mitigations
  • Related products, including letters of indemnity, air way releases and steamship guarantees
  • Implications of breaching rules including money laundering and terrorist financing
Registration Cost & Important Dates
Examination Date: 17 and 18 April 2020
Last Date of Registration: 31 January 2020
New Registration Fee   £595.00
Discount for Indian Candidates  £59.00
Net Examination Fees     £536.00
Exam Resit Fee   £350.00
Exam Deferral Fee £150.00
Recertification fee £200.00

Register here:

Examination Centers for Indian candidates
New Delhi, Mumbai, Chennai and Bangalore

The examination registration fee includes the following:

  • Printed study text (also available online via myLIBF)
  • Student handbook and specimen examination paper
  • Registration for the examination

The examination resit fee only includes online access to the study text and registration for the exam. A copy of the printed study text is available separately but at an additional cost.

For more details, please visit: