06/10/2016
CITF ® was developed by ifs University College (The London Institute
of Banking & Finance from 15 September 2016) and launched in 2009. The ICC
endorsed it in 2014.
Objectives:
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Advise clients appropriately on the basics of
international trade and finance;
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Understand the processes involved in each type
of international trade product;
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Understand the risks involved in international
trade and how to mitigate them;
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Understand current banking practices, and
conventions that are applicable to international trade; and
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Understand the roles and responsibilities of all
parties involved in international trade transactions.
Assessment:
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Multiple-choice examination based on knowledge
and application of that knowledge: 2 hours
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100 multiple-choice questions in two sections
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Section A: 80 multiple-choice questions
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Section B: four case studies, each with 5 linked
multiple-choice questions
Learning objectives:
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Understand the roles and responsibilities of the
myriad of parties involved in international trade finance.
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Discern the wide range of financing and
settlement methods available.
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Recognise the governance of trade rules and
regulations.
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Differentiate between the objectives of
commercial, financial and transport documentation.
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Appreciate the impact of regulatory issues.
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Discover the various dispute and arbitration
options available for resolution of problems.
Source: www.libf.ac.uk/study/professional-qualifications/trade-finance/certificate-in-international-trade-and-finance-(citf)
More comprehensive information
can also be found in the CITF ® modules at www.tradefinance.training
