The London Institute of Banking &


Certificate for Specialists in Demand Guarantees

CSDG develops a high level of expertise and understanding in the use of guarantees including industry rules, legislation and the challenges relating to demand guarantees and standby credits. Studying the qualification demonstrates your knowledge of the complex issues involved in demand guarantee best practice.

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

  • Demand guarantees including tender, performance and advance payment
  • Indemnities, Suretyships and standby letters of credit and how they compare
  • 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 and force majeure
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: