Certificate for Specialists in Demand Guarantees (CSDG)
The Certificate for Specialists in Demand Guarantees will enhance your technical expertise in demand guarantees and standby letters of credit, equipping you with a deep understanding of the industry rules, legislation, and challenges related to both products. This qualification will also refine your ability to navigate complex issues, developing a skill set that empowers you to perform effectively across a range of real-world scenarios.
Master demand guarantees and standby letters of credit
Take your exams at one of the selected Pearson VUE test centres at a time that suits you and get your results the same day
Earn 36 CPD hours towards your trade finance recertification
Enhance your career prospects in trade finance
Fees
£730 for the full qualification
Duration
You'll have 12 months from registration to complete the qualification
Units
CSDG is made up of one unit
Regulation
Registered with Ofqual in the Regulated Qualifications Framework (RQF)
Assessment
Your first exam is included in the registration fee for each module
What your studies will cover
Demand guarantees – including tender, performance and advance payment
Indemnities, suretyships and standby letters of credit and how they compare
Scope of industry rules including URDG 758 and ISP98
Parties involved in demand guarantees and their roles and obligations
Risk issues, including types, control and mitigations
Impact of external factors including governing law and force majeure
About the qualification
After studying CSDG, you will be able to demonstrate a high level of expertise in the complex issues associated with demand guarantee best practice.
The Certificate for Specialists in Demand Guarantees is a Level 4 qualification registered with Ofqual in the Regulated Qualifications Framework (RQF).
While studying with us, you’ll become a Member of LIBF (MLIBF), receiving benefits including careers support and access to professional networking events.
Qualify in as little as six months#
Study online – anytime, anywhere on any device
Access research tools and industry analysis through KnowledgeBank and Financial World magazine
Demonstrate your expertise with an internationally recognised qualification
Add the professional designation ‘CSDG’ after your name for the three-year validation cycle
Advance your career and promotion prospects
Our partners

International Chamber of Commerce (ICC)

Bankers Association for Finance and Trade (BAFT)
Unit information
Studying
What study materials do I get?
As part of the registration fee you'll get access to:
a student-led discussion forum
unit syllabus
online study materials
online study texts
specimen paper
online access to our student portal MyLIBF
online access to our virtual library KnowledgeBank.
Assessments
CSDG is assessed through a 3-hour and 15-minute multiple-choice examination split into two sections:
Section A: 50 multiple-choice questions
Section B: 10 standalone multiple-choice questions, one case study with 6 linked multiple-choice questions and 6 simulation exercises
Your first exam is included in the registration fee. If you need to retake an exam a resit fee will be payable.
You can choose when to take your exam and pick from test centres nationwide.
Exam and assessment informationFees
Registration is open all year round.
You can also call our Student and Customer Services team on +44 (0)1227 818609 or talk to them on live chat.
We offer bursaries to some students undertaking professional qualifications – find out if you're eligible.
Corporate bookings
If you are a company and want to register a cohort of students onto CDCS please email trade@libf.ac.uk for further information.
Questions about our professional qualifications?
If you have any questions about our professional qualifications in finance and banking, please contact our customer services team.
Our professional qualification customer services office is open:
Monday to Friday from 8.00am to 6.00pm UK time.
International students registration
Students from Bangladesh, China, Indonesia and South Korea should contact a relevant country contact to register for CSDG.
CSDG Registry
The international CSDG Registry contains the names of individuals that hold the CSDG designation.
It may take up to 30 days for an individual’s details to appear after receiving their results. If an individual has not passed, their details will not be in the registry. If they don’t successfully recertify after three years, their names are removed from the registry.
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Request more information
Or, if you’re happy to get started, register today.