LIBF
Level 4
QN: 601/1159/8
Curriculum Active
LIBF Level 4 Certificate For Documentary Credit Specialists
Official qualification regulated by Ofqual, awarded by LIBF. Classified as a Occupational Qualification. Total guided learning hours: 3 hours.
Qualification Level
Level 4
Awarding Body
LIBF
Syllabus Units
2 Units
Guided Hours
3 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Foundations of Documentary Credits (FODC)
Verified
Key Learning Objectives:
- Describe the use of documentary credits and the roles and obligations of the various parties to a credit.2.
- Understand types of settlement method and the components of the sale contract.3.
- Explain pre-issuance requirements and issuance processes of documentary credits.4.
- Describe the processes involved in advising, amending and confirming documentary credits.
2
Management of Documentary Credits (MGDC)
Verified
Key Learning Objectives:
- Examine the preparation and accuracy of documents used in documentary credit transactions.6.
- Explain the roles and responsibilities of banks in the settlement or rejection of documents.7.
- Assess the functions, processes and rules related to other documentary credit forms and terms.8.
- Explain other overriding considerations for documentary credits.
Regulatory & Verification Details
- Qualification Number (QN)
- 601/1159/8
- Regulated Status
- Available to learners
- Awarding Body
- LIBF
- Qualification Type
- Occupational Qualification
- Operational Start
- Oct 2013