Books and Training Review
Focus: DC Master
Publisher: coastlinesolutions.com
Publisher’s URL: http://www.coastlinesolutions.com/DCMaster.htm
Publisher’s Descriptions
DC Master contains 12
hours of online instruction and training in letter of credit
practice. It is designed to enhance the knowledge and skills of
experienced documentary credit professionals.
The course content is written by Gary Collyer, Technical Adviser to
the ICC Banking Commission.
Trainees using DC Master qualify for 12 PDUs towards recertification
for CDCS (Certified Documentary Credit Specialist).
Best Trade Solution’s Review
Awesome case studies; that's the first thing we could imagine with DC Master. Perhaps the publisher knows this as well and that why the training begins with the case study module. of the four case study, we liked the "Advising documentary credits" case most. the other three are also great.
Case studies will be followed by another great module; key issues. There are total 10 issues that will be covered here. Now all of them may not be key issue to you. For example - we do not find "Key Issue: Revocable Credit" much useful. Again "Key Issue: Originals and copies" is just a reproduction of ICC position paper on original documents. "Exclusions and modifications" and "Silent Confirmation" as key issue are ok. But there are some good ones including "Financing" and "Advance payment credits".
The third module of this training is the "Variation of Dcs" which we believe is the least attractive section. You will be finding some flash presentation on Transferable Letter of Credit, Back to Back Letter of Credit and Revolving and Reinstatement Letter of Credits. We found the last one best among the three. The training finally ends with a standard MCQ assessment.
DC Master includes a number of reference material and is generous to offer a soft copy of Commentary on UCP 600. Over all, DC master is the one of the best production of coastlinesolutions.com