Sunday, October 31, 2010

CDCS is the way to GO!


Do you desire an international certification endorsed and recognized worldwide?
    
Do you need a certificate to make your years of trade experience recognized worldwide?
    
Do you want a smart way to get an employment with an international Bank, IFC or World Bank?
    
Do you want to understand the UCP600, ISBP, URR725, ISP98, INCOTERMS2000 and eUCP?
    
Do you want to be a certified documentary credit specialist?

CDCS IS THE WAY TO GO!

CDCS is the international standard qualification for documentary credit specialists.
It is a professional certification that enables documentary credit practitioners to 
demonstrate specialist knowledge and application of skills required for competent practice.

CDCS was developed in partnership by the ifs School of Finance and the International Financial Services Association (IFSA). It is endorsed by the International Chamber of Commerce (ICC) and was developed in consultation with industry experts to ensure that the qualification reflects best practice.

Why Join 3T Impex CDCS Tutorial Class?



At the 3T Impex CDCS Tutorial Class we will;
  1. Assist you with the registration process and information
  2. Link you up to online forums for CDCS exams (e.g. http://cdcstutorial.blogspot.com)
  3. Answer all your questions regarding the trade rules tested in the  CDCS exam
  4. Provide for you, all the required materials to be read for the examination
  5. Give you tips to pass the CDCS exams without stress despite your busy schedules
  6. Groom you for the CDCS exam with likely test questions

CDCS Examination



Course content
  • Documentary credit - an overview
  • The sales agreement
  • Documentary credits - types and uses
  • Parties to documentary credit transactions - roles and responsibilities
  • Issuance and amendments
  • Transport documents
  • Other documents
  • Presentation, examination and settlement
  • Bank-to-bank reimbursements under documentary credits
  • Related products
  • Risk issues
Examinations
CDCS is assessed by a three-hour multiple-choice examination (paper based), designed to test your knowledge and its application to practical situations. The examination is split into two sections:
  • Section A – 83 multiple-choice questions
  • Section B – 37 multiple-choice questions based on case studies (in-basket exercises), analysis questions and simulation exercises
Overall the examination comprises 120 questions. To pass you must achieve the required pass mark in Section B as well as achieve the overall pass mark. The pass mark for CDCS may vary from year to year to maintain an equivalent level of performance to achieve a pass. As a guide, the pass mark is usually in the region of 70%.