CDCS full training course, Mock tests + 5 extra simulation

Define the sales contract as the mother of all contracts and outline incoterms, LC procedures, and field references 45, 45a, 47a, and 701.

Learn pre issuance considerations for letters of credit, including risk assessment, clean vs fraudulent documents, sanctions, KYC/CDD, and availability and presentation rules for banks.

Explore the roles of nominated, confirming, and issuing banks in letters of credit, covering negotiation and prepayment, amendments, discrepancies, and settlement under LC operations.

Explore how transferable and back-to-back LCs work, including MT 700/MT 720 flows, six adjustable fields, risk considerations, and settlement mechanics.

Explore revocable versus irrevocable LCs and back-to-back structures under UCP rules, and learn revolving, red/green pre-shipment advances, installment shipments, and bank responsibilities in documentary credits.

Explore shipping guarantees, LOI, indemnities, and delivery orders to release goods without originals, detailing demurrage and detention risks. The lecture also covers syndication and participation under eUCP for risk sharing.

Explore how eUCP governs electronic LC document presentation, including format restrictions, places of presentation, notices of completeness, and five banking days.

Delve into URR Part 1, mapping the reimbursement flow among issuing, reimbursing, and climbing banks, including RA and IRA and the role of article 13.

Master URR reimbursement processing with authenticated swift messages, 742/734/732 workflows, pre-debit timelines, and careful handling of amendments, duplicates, and charges.

Learn how ISP governs standby letters of credit, including its ten articles, article-specific explanations, and practical distinctions from UCP, with direct pay standby, counter standby, financial, and commercial standby types.

Explore how an irrevocable SDLC under ISP operates across domestic and international undertakings, its independence from underlying contracts, and how country law supersedes ISP while allowing electronic presentations.

Explore issuer and beneficiary obligations under ISP98 part 3, including compliant presentations, confirmations, nominations, standbys, and the timing and currency rules for amendments.

Apply the SDLC framework to assess documents by face value, uphold documentary requirements, and manage signatures, language, and original versus copy status.

Discover how discrepancies, refusals, notices, and dispositions operate under ISP and SDLC, including article 16, expiry considerations, waivers, and transfer or assignment concepts.

Explore key transport documents under LC and UCP, including ocean and multimodal bills of lading, non negotiable waybills, signatures, and LC field 44A–44F.

Explore the ocean bill of lading essentials, including onboard date, port of loading, port of discharge, signatures, and negotiable versus non-negotiable forms, with charter party implications.

Explore key transport document concepts, including on deck restrictions, shipper load and count, cost additional to freight, free in/out, demurrage, clean transport documents, partial shipments, and multimodal transshipment rules.

Explain the six mandatory items on drafts and bills of exchange—issue date, pay, drawer, currency and amount, tenor, and drawing—and cover endorsements and letter-of-credit implications.

Explore blank endorsements, LC conditions, draft corrections, presentation timelines, maturity calculations, and invoice rules, including tolerance and 14 d/14 f guidance for international drafts.

Assess certificates in trade finance, focusing on certificate of origin, signature and purpose, issuer roles (beneficiary, exporter, manufacturer), GSP, inspection and fumigation certificates, and discrepancy rules.