The London Institute of Banking & Finance
Certificate for Documentary Credit Specialists (CDCS®)
The CDCS designation will remain valid for 3 years following passing the exam or renewal by recertification. To retain the CDCS designation after this period, holders are required to either: participate in the recertification programme or re-take and pass the CDCS examination. Successful recertification or re-passing of the exam will ensure continued inclusion in the international CDCS registry.
The Recertification programme is completed by carrying out Continuing Professional Development (CPD) / Personal Development Units (PDUs) during the 3 year cycle. The CPD needs to meet the requirements set out in our Recertification Guide. Successful recertification allows you to use the CDCS designation for a further cycle.
Every CPD / PDU activity carried out towards recertification must:
We formally reward those who recertify on a continual basis, with the new designation of CDCS Advocate. This is in recognition of the commitment shown to continuing their professional knowledge in the area of International Trade Finance. You do not need to apply for the CDCS Advocate status as this designation is automatically presented 5 recertification cycles have been completed. The reward includes: an extension of the recertification period to 6 years instead of 3; invitation to our Graduation Ceremony; pin badge and CDCS Advocate certificate.
The Recertification fee is £200 (an extra "late fee" of £30 is charged for submissions sent more than 1 month after expiry of your recertification).