Baft Cdcs Flyer Final 10 13 16 PDF

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Certificate for Documentary

Credit Specialists


Provide Your Banking Clients with the Highest CDCS is seen as an elite
Qualified International Trade Practitioners certification,
The Certified Documentary Credit Specialists (CDCS ) is a professional

demonstrating our teams expertise
qualification recognized worldwide as a benchmark of competence
for international trade practitioners. CDCS enables documentary to our clients. But achieving and
credit practitioners to demonstrate the highest level of knowledge and maintaining the CDCS certification
understanding of the complex issues associated with documentary credit
also serves as a critical career
practice.
developmental program for our highly
The Benefits of CDCS Certification

trained employees to expand and
for Financial Institutions deepen their own capabilities, lead
Your business relies on the delivery of quality services for banking and
corporate clients. By encouraging team members to obtain their CDCS their teams, and grow our business.
certification, you can assure your clients that your professional trade group is Even studying for the rigorous CDCS
deeply knowledgeable and that their business transactions are safe, secure,
exam helps increase our employees
and technically sound. With a team of CDCS certified professionals, banks
are able to showcase to prospective clients their capabilities to handle letters product knowledge. From a
of credit and resolve challenging questions and issues.
character trait standpoint, our CDCS

To ensure that your CDCS team members stay on top of the latest industry professionals are self-motivated, pay
developments and trends, the CDCS program requires recertification every high attention to detail, demonstrate
three years. CDCS professionals must participate in an ongoing program
of continuing professional development. CDCS professionals earn personal high energy and are able to look at
development units (PDUs) by attending conferences and workshops and details from global perspective all
completing online courses in specific areas of international trade finance and
qualities valued by our clients.
documentary credit practice.

Leadership and Learning Development


Executive at Global Financial Institution

Key Facts about the CDCS Exam


Exams are held in April and October each year
The exam is a three-hour, paper-based exam
The exam is split into two sections:
Section A 60 multiple-choice questions
Section B 10 multiple-choice questions, 3 in-basket exercises each
with 5 linked multiple-choice questions and 3 simulation exercises

Register at baft.org/cdcs

For more information, visit: baft.org/cdcs or email [email protected]


Certificate for Documentary Credit Specialists


The Benefits of CDCS Certification
for Trade Practitioners
In a highly competitive global market, the CDCS designation puts you head CDCS is the only
and shoulders above your peers by demonstrating your commitment to the certification that
industry and deep knowledge as a trade professional.
showcases the exceptional
Documentary credits types, characteristics and uses, including standby capabilities of documentary credit
credits
specialists in handling letters of
Rules and trade terms, including ISBP 745, ISP 98, UCP 600, URR 725
and Incoterms 2010 credit and the complexity of issues
Parties to documentary credit transactions and their roles and obligations
and questions. The CDCS exam is
Types and methods of payment / credit used in documentary credit
transactions one of the most difficult exams that
Types of transport, commercial and financial documents used in any trade practitioner can pass,
documentary credits
Related products, including letters of indemnity, air way releases and thereby truly demonstrating expertise
steamship guarantees in this area.
Risk issues, including types of risk, control and mitigants
Implications of breaching rules related to financial crime including money Risk Management Executive
laundering and terrorist financing at Global Financial Institution

On completion of the CDCS qualification you will be able to use the


designation CDCS after your name for three years and be included on the
CDCS Registry.

Preparing for the CDCS Exam


Recommended preparation time is 300 study hours
Preparation through independent study
Registration includes access to online study resources: a detailed study
guide Guide to Documentary Credits, student handbook, and practice
test and answers
Hard copy of study guide available for purchase
Learning focuses on the principles and practices of documentary credit
transactions: the products, parties, processes, rules, and trade terms

92 percent of CDCS students* said the qualification has helped their


professional development or career prospects.
*ifs survey of recent CDCS students

For more information, visit: baft.org/cdcs or email [email protected]

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