Earn 12 CPD's

12 Hours
Online Training
DC Master

DC Master


This training course provides advanced online instruction and training in letter of credit practice. This course is designed to enhance the knowledge and skills of experienced documentary credit professionals. This course will cover the following:

  • Highlight key areas of importance including workability of T&Cs in documentary credits and the correct issuance of refusal notices.
  • Examine areas of documentary credit practice that are commonly misapplied and misinterpreted
  • Review the function and operation of a number of variations to commercial documentary credits

ICC Approved online training in UCP 600.

Earn 12 CPDs for CDCS®, CSDG® and CSCF® recertification.

The course content is written by Gary Collyer, Technical Adviser to the ICC banking Commission, and Chair of the UCP 600 Drafting Group.

Course Overview

Module 1


This module presents a series of interactive case studies covering areas of key importance including workability of terms and conditions in documentary credits and the correct issuance of refusal notices.

Case Study 1 - Issuing a documentary credit

Case Study 2 - Advising documentary credits

Case Study 3 - Document checking - nominated bank

Case Study 4 - Document checking - issuing bank

Module 2


This module provides an examination of areas of documentary credit practice that are commonly misapplied and misinterpreted.

Issue 1 - Exclusions and modifications

Issue 2 - Availability and expiry

Issue 3 - Originals and copies

Issue 4 - Partial drawings or shipments

Issue 5 - Instalment drawings/shipments

Issue 6 - Assignment of proceeds

Issue 7 - Revocable credits

Issue 8 - Silent confirmation

Issue 9 - Advance payment credits

Issue 10 - Financing

Module 3


This module contains 3 interactive lessons which provide a detailed review of the function and operation of variations to commercial documentary credits:

Lesson 1 - Transferable credits

Lesson 2 - Back-to-back credits

Lesson 3 - Revolving and Reinstatement credits

Module 4


This module provides a comprehensive assessment for trainees to test their knowledge on Documentary Credits and the UCP 600 rules.

Successfully complete the Assessment to receive an “ICC Certificate of Achievement” and qualify for 12 CPD's towards CDCS ®, CSDG ® and CSCF ® recertification.

Module 5


UCP 600 Rules

ISBP (821)

ISP98 Rules

URR 725


Module 6


Keywords in International Trade

Module 7


Glossary of International Trade Terms


1 to 9 trainees

€300 .00
  • per trainee

10 to 49 trainees

€250 .00
  • per trainee

50+ trainees

€200 .00
  • per trainee


DC Master

An exceptional guide to understanding UCP 600 & ISBP 745 regulations!

Cemile Dilek Öngörü, Heidelberg Cement Trading, Turkey

DC Master

Training providing broad knowledge of the documentary credits with detailed information and explanations. I would highly recommend it to everyone who is interested in the function and operation of documentary credit variations.

Aikaterini Vouzelakou, Credit Suisse (Schweiz) AG, Switzerland

DC Master

I had positive experience; my learning has enhanced in UCP600

Aikaterini Vouzelakou, Credit Suisse (Schweiz) AG, Switzerland



Our online training courses are developed in collaboration with internationally renowned experts from around the world. Truly International – designed to be relevant for staff worldwide.


As the training is delivered online, each member of your staff can be trained to an approved standard regardless of location.


Trainees have access to the course material for 1 year as a reference tool. Using our learning management system (LMS), organisations can easily manage their staff training and keep track of trainees' progress and results.

Value for money

Save time and money by taking our courses online – discounts for volume orders – our courses are a very cost-effective way to train your staff.