Certificate in International Trade and Finance (CITF)
CITF is aimed at all professionals who are looking to develop their knowledge of trade finance.
This certification will give you a detailed understanding of the products, documents, trade terms, roles and responsibilities that underpin trade finance. It will also teach you how to apply this knowledge to real situations.
Key information
CITF is for professionals eager to expand their trade finance knowledge
Enhance your career prospects in trade finance
Take your exam online with same-day results
Earn 36 CPD hours towards your trade finance recertification
You'll have 12 months from registration to complete the qualification
Units
CITF is made up of two ten-credit units
Regulation
Registered with Ofqual in the Regulated Qualifications Framework (RQF)
Assessment
Take your exam at home with remote invigilation
What your studies will cover
The international trade environment
Parties involved in international trade and finance and their roles
Documents used in international trade and the Incoterms 2020
Contracts
Trade-based financial crime compliance
Methods of settlement
Documentary collections
Documentary credits
Guarantees and standby letters of credit
Principles of supply chain finance
Other forms of finance
Export credit insurance
Foreign exchange risk management
Digital disruption and innovation
About the qualification
Ideal for all trade professionals and relationship managers, CITF will give you a comprehensive overview of all aspects of trade finance. It will help you demonstrate your expertise and increase your career potential.
We collaborated with industry experts to create CITF, which is a Level 3 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.
Benefits for you
Use the CITF designation after your name when you have completed the qualification
Earn Continuing Professional Development (CPD) learning hours towards recertification of the Certificate for Documentary Credit Specialists (CDCS), the Certificate for Specialists in Demand Guarantees (CSDG), the Certificate in Supply Chain Finance (CSCF), and the Certificate in International Trade Risk (CITR).
Take your exams on our Brightspace platform through remote invigilation at a time that suits you.
Get your exam results the same day
Our partners
Endorsed by
International Chamber of Commerce (ICC)
Supported by
Bankers Association for Finance and Trade (BAFT)
Unit information
This unit focuses on the key principles and parties in trade finance, exchange risk, the various methods of settlement and the rules governing international trade. It also provides an overview of the impact and significance of sanctions, corruption, money laundering and fraud in international trade.
This unit focuses on trade documents and how to interpret the methods of international trade finance to solve the issues you might face. It also discusses the impact of digitisation, big data and cybersecurity considerations on international trade.
You can find more details about your Certificate in International Trade and Finance (CITF) course here:
Included in your course fee, you’ll get access to:
a student-led discussion forum
unit syllabus
study texts
specimen paper
online study texts
online access to our student portal MyLIBF
online access to our virtual library KnowledgeBank
Assessments
CITF is assessed through two one-hour examinations on Brightspace, with each unit consisting of 30 multiple-choice questions (30 marks) and 2 case studies with 5 linked multiple-choice questions (10 marks). The pass mark for each unit is 70%.
A student who fails one unit out of the two will only need to resit their failed unit. Your first exam is included in the registration fee. If you need to retake an exam a resit fee will be payable.
You can take your exam any time through our Brightspace platform with remote invigilation. There's no need to book in advance. Before you start, you'll need to do a quick 360-degree scan of your surroundings using your laptop or webcam.
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