The London Institute of Banking & Finance
Certificate for Documentary Credit Specialists (CDCS®)
After passing the CDCS exam, or renewal by recertification, the CDCS designation remains valid for 3 years.* To keep the designation after this period, holders are required to, either: complete the recertification programme or re-pass the CDCS exam. Successful recertification or re-passing of the exam means continued inclusion in the international CDCS registry.
The programme is completed by carrying out Continuing Professional Development (CPD) / PDUs during the 3 year cycle. The CPD must meet the requirements in our Recertification Guide.
Each CPD / PDU activity must:
For QTFS holders the recertification fees are as follows:
1st recertification: £200
2nd recertification: £150
3rd recertification (if necessary): £100
Please note that these fees do not apply to holders of Level 4 qualifications based in China.
We reward those who recertify on a continual basis, with the CDCS Advocate designation. This recognises the commitment shown to Trade Finance related CPD. You don’t need to apply for CDCS Advocate status as it’s automatically presented when 5 recertification cycles have been completed. The reward includes: extending the recertification period to 6* years; an invite to receive your award at our Graduation Ceremony; pin badge and special certificate.
If you wish to sponsor more than one CDCS holder for recertification, employers or sponsors should complete this spreadsheet with their details and send this to us at firstname.lastname@example.org. The candidate(s) will still need to complete their CPD activities in their myCPD log but should not submit their records to us through the log if they are included on your spreadsheet. You can use this spreadsheet even if you are not going to pay your candidates fee.
The opportunity to submit your recertification records for 30 April 2019 opens in March 2019 and closes on 30 June 2019.