The CDCS® Exam
Certified Documentary Credit Specialist (CDCS®) is the professional certification that enables documentary credit practitioners to demonstrate specialist knowledge and application of the skills required for competent practice. Learn more here.
About the Examination
Candidates prepare for the CDCS® examination through independent study, using the study text produced by BAFT and The London Institute of Banking & Finance. All questions will be related to the study text. When you register, you will receive a letter with a link to the following:
- The Guide to Documentary Credits. Developed by BAFT, The London Institute of Banking & Finance and industry representatives, it provides the main body of knowledge required for the examination. The online study text has been updated to incorporate UCP 600 and other revisions.
- CDCS® Candidate Study Guide (online). Contains sample examination questions, study tips and key terms that will help you prepare for the examination.
- CDCS® Practice Test. Prior to taking the exam, candidates will have the opportunity to take a practice exam online.
Please note that all preparation materials are in English.
Entry Requirements
There are no entry requirements to undertake the CDCS® examination. However, it is strongly recommended that candidates have a minimum of three years of documentary credit experience. Membership in BAFT, The London Institute of Banking & Finance, or any other organization is not required.
What Is the CDCS® Examination Format?
The CDCS® Exam is a three hour and fifteen minute online exam. The content of the CDCS® examination is based on the results of a job analysis study that identified key responsibilities of a documentary credit practitioner and areas of knowledge and skills required for competent practice. To earn the professional designation you are required to pass a three hour and fifteen minute examination that is designed to test your knowledge and its application to practical situations. The examination is based on an English study text. The examination consists of multiple choice knowledge and application questions as well as sample in-baskets and simulations that test for analysis skills.
Taking the CDCS® Exam
Information on how to book your exam at a Pearson VUE center can be found in the ‘Important Registration Information’ document on the home page of your MyLIBF account.
Please look out for our reminder email to confirm that you are able to start your studies and we will also give you more details of how to book your exam.
The BAFT CDCS® Exam is for candidates in the United States, Canada, and Mexico. If you are a CDCS® Exam candidate outside of these countries, please contact LIBF at [email protected].
After the Exam
Exam results will be available within 48 hours of taking the exam.
Electronic versions of certificates will be emailed to successful candidates 10 weeks after the exam.
