19 May 2017
The London Institute of Banking & Finance
October 2017 Exams, registration is currently open and closes 31 July 2017
Registration fee = £500 includes learning materials and exam entry
International booking fee* = £55 (please note, candidates outside of the UK are required to pay the international booking fee)
Completion of CITF demonstrates expertise on the key procedures, practices and legislation in international trade finance and promotes readiness for career progression. The qualification will develop your knowledge of the products, documents, trade terms, roles and responsibilities that underpin international trade and finance. In addition you will gain a basic understanding of fraud prevention and risk in terms of trade finance.
The Certificate in International Trade and Finance is a distance-learning qualification enabling you to study at a time and pace that suits you. You will be provided with a detailed study text covering the syllabus and containing review questions and activities. A specimen paper is also available to download.
Studying this qualification develops core knowledge and understanding of the following areas:
• The trade environment and the role of the International Chamber of Commerce (ICC)
• ICC international model contracts
• An introduction to trade terms and Incoterms®
• The nature of financial, commercial and transport documents used in international trade
• Risk and mitigation including foreign exchange hedging
• Methods of payment including open account, collections, documentary credits and bank payment obligations
• Short, medium and long term trade finance
• Islamic trade finance
• Dispute handling, arbitration and resolution
• Fraud prevention and anti-money laundering
Assessment is through a single 2-hour multiple choice exam.
CITF is for anyone wishing to gain a high appreciation of all aspects of international trade finance. It is therefore ideal for those working for companies involved in exporting and importing and also those in trade services areas of international banks. Find out more on the website
The London Institute of Banking & Finance exists for a very simple reason – to advance banking and finance by providing outstanding education and thinking, tailored to the needs of business, individuals, and society.
We advance careers by equipping people with the skills and capability the sector demands, so they can perform more effectively and responsibly. Our focus is on lifelong learning; equipping individuals with the knowledge, skills and qualifications to achieve what they want throughout their career and life. And because we’ve been at the heart of the sector since 1879, we create connections and build partnerships between people and business that make banking and finance more accessible and understood, and enhance social inclusion through better financial capability.
Our trade finance qualifications are benchmarks in the industry. Studied in over 90 countries worldwide, the topics of International Trade and Finance, Documentary Credits and Demand Guarantees provide specialist knowledge to display capability, aid efficiency and enable progression in the workplace. The qualifications have been developed in close partnership with the International Chamber of Commerce (ICC).
We are The London Institute of Banking & Finance, lifelong partners for financial education.