CDCS Exam MCQ and Answer CDCS Exam MCQ and Answer Chapter 1:The history and use of documentary credits One of the first forms of letter of credit introduced was known as which one of the following? A. A businessman’s letter […]
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CDCS Exam 2020 Probable Question and Answers
CDCS Exam 2020 Probable Question and Answers Chapter 1 The history and use of documentary credits One of the first forms of letter of credit introduced was known as which one of the following? A businessman’s letter of credit An […]
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eUCP
eUCP Chapter-23 Learning objectives: This chapter includes a brief history and outline of eUCP. By the end of this chapter, you should be able to: ◆◆ describe the features of eUCP; and ◆◆ understand the contrast between the rules in […]
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Bank to bank reimbursements and reimbursement from aid agencies
Bank to bank reimbursements and reimbursement from aid agencies 22.1 The relationship between an issuing bank and a reimbursing bank Although only one bank (an issuing bank) is necessary to facilitate reimbursement under a documentary credit, in many cases an issuing bank […]
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CDCS study materials-Standby letters of credit
CDCS study materials-Standby letters of credit Chapter-21 Learning objectives This chapter provides an overview of standby letters of credit and the content of ISP98. By the end of this chapter, you should be able to: ◆◆ describe the origins and use […]
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CDCS study materials-The features of documentary credits
CDCS study materials-The features of documentary credits Chapter-20 20.1 Introduction CDCS study materials-The features of documentary credits Some features and conditions are fundamental to all documentary credits; others, by means of the insertion of clauses or a recognised form of wording, provide […]
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The features of documentary credits
The features of documentary credits Chapter-20 Learning objectives This chapter looks at the different types of features and conditions that can be seen in documentary credits. By the end of this chapter, you should be able to: ◆◆ identify the different types […]
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CDCS study materials-Transferable credits, back-to-back credits and assignment of proceeds
CDCS study materials-Transferable credits, back-to-back credits and assignment of proceeds Chapter-19 19.1 Transferable documentary credits Transferable documentary credits are one of the more common types of documentary credit. There are a number of similarities with (and differences to) back-to-back documentary […]
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CDCS study materials-Refusing documents
CDCS study materials-Refusing documents Refusing documents Chapter-18 18.1 Handling discrepant documents Once examination has been completed and after taking account of any regulatory or legislative requirements, a document examiner will decide whether or not the documents comply. If the documents comply, the document […]
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CDCS study materials-Honour or negotiation
CDCS study materials-Honour or negotiation Chapter-17 Learning objectives This chapter provides an overview of the concept of honour and negotiation. By the end of this chapter, you should be able to: ◆◆ explain the different settlement terms; ◆◆ understand settlement […]
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