(CDCS) Certified Documentary Credit Specialist

CDCS is designed by International Financial Services Association (IFAS) in consultation with industry experts, bankers, educationists and professionals to ensure professionals knowledge of all around information and regulations involved in Foreign Trade Operations. This is one of the most comprehensive and detailed qualification available to professionals involved in international trading operations. This certification is specifically helpful for business managers who deals with Financial Institutions on daily basis and find difficulties in understanding and managing documentary credits, discrepant documents, negotiation and retirements.

Objective

This certification is specially designed to help foreign trade professionals, business managers and bankers to acquire firsthand knowledge of regulations and procedures involved in operation of Documentary Credit. This certification attracts knowledge of Incoterms 2010, UCP 600,  URR725, URC 525, ISP 98, ISBP 745, e UCP.g stakeholders expectations.

What will I learn?

• This unit introduces students to documentary credit transactions by focusing on
• the types, products and processes used in transactions.
• It highlights the importance of rules, standards and guidelines for documentary
• credit transactions and the products available to assist these transactions.
• Students will gain an appreciation of the commonly used documents and trade
• terms.
• Students will gain an understanding of the roles, obligations and relationship
• between parties to documentary credits.
• Students will gain an understanding of the risks involved in documentary credit
• transactions and be able to manage those risks.
• Students will understand how the rules and guidelines can be breached and the
• implications of such breaches.
• Students will be able to manage documentary credit transactions and the
• relationship between parties using the transactions.
• Students will understand how to check the accuracy of documents to enable their
• correct usage in documentary credit transactions.

Why CyberModo?

• Study with Forex Qualified & Experienced Faculty
• Choose your own study time based on your availability
• Highly cost effective
• Concepts based study & real life case studies
• Get the advantage of most convenient locations