CSDG enables demand guarantee professionals to demonstrate high levels of professionalism and their knowledge and expertise in the use of guarantees.

The Certificate covers the topics of industry rules, legislation and the challenges relating to demand guarantees and standby credits. Upon completion, you will have an enriched knowledge and understanding of the complex issues associated with demand guarantee best practice and be able to provide an enhanced level of service.

CSDG develops core knowledge and understanding of the following areas:

  • 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

Key Facts:

  • Exams are held in April and October each year
  • Registration fee includes:
    • Detailed study text
    • Study resources
    • Student handbook
    • Downloadable specimen paper
  • Examined in over 40 different countries worldwide


“The CSDG qualification expanded my knowledge on guarantees, particularly around suretyships”

CSDG student

Find out more and register on the qualification page