CITF (Certificate in International Trade and Finance) Training Course
Overview of the course: CITF is a Level 3 qualification registered with Ofqual in the Regulated Qualifications Framework. Supported by BAFT. CITF enables trade services specialists to demonstrate expertise on the key procedures, practices and legislation of international trade finance and their readiness for career progression.
About the Course
Certification Body
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Overview of the course:
CITF-International Trade and Finance course is a Level 3 qualification registered with Ofqual in the Regulated Qualifications Framework.
Supported by BAFT.
CITF enables trade services specialists to demonstrate expertise in the essential procedures, practices, and legislation of international trade finance and their readiness for career progression. Many job openings are happening in trade finance relationship manager positions; this is the right time to start.
About the CITF qualification:
This international trade certification combines the acquisition of technical knowledge with the skills to apply that knowledge to real situations. London Institute of Banking and Finance has developed it in consultation with trade finance experts worldwide.
CITF enhances your knowledge of the products, documents, trade terms, roles, and responsibilities that underpin international trade and finance. The CITF qualification also helps you develop a basic understanding of fraud prevention and risk in trade finance.
Studying CITF Course covers:
The trading 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
CITF would be a precious achievement for Exporters, Importers, and Banking professionals who would like to prove their knowledge of International Trade and Finance on a global scale.
Purpose of the qualification
Why study for the LIBF Level 3 Certificate in International Trade and Finance (CITF)?
The Certificate in International Trade and Finance (CITF®) provides you as a trade, export, and commodity specialist with a thorough understanding of the essential international trade procedures, practices, and legislation.
CITF® develops the technical knowledge and skills required to enable you to apply that knowledge to situations within the workplace.
This provides a core understanding of the products, documents, trade terms, roles, and responsibilities that underpin international trade and finance.
In addition to this core knowledge, CITF® helps you develop a basic understanding of fraud prevention and risk in trade finance.
Learn export finance, trade finance professionals from financial institutions like Zabeel
Progression and preparation for further study
Although not a requirement for registration to other international trade qualifications, if you have completed the CITF® qualification will have developed an appropriate foundation to support your progression to the following qualifications:
Certificate for Documentary Credit Specialists (CDCS®)
CDCS® is the international standard qualification for documentary credit specialists. It is a professional certification that enables you as a documentary credit practitioner to demonstrate specialist knowledge and application of the skills required for competent practice.
Certificate for Specialists in Demand Guarantees (CSDG®)
CSDG® is a specialist qualification focusing on demand guarantees. The certificate provides the critical knowledge and skills needed to operate effectively in a highly technical area of international trade.
Detailed International Trade and Finance Course Content:
Introduction
The international trade environment
Contracts
Intermediaries and how they operate
Documents used in international trade and the Incoterms® 2010 rules
Specific Certification Title:Certificate in International Trade and Finance (CITF®)
About Awarding Body: LONDON INSTITUTE OF BANKING AND FINANCE
The London Institute of Banking & Finance, is a registered educational charity incorporated by Royal Charter. Established in 1879 as the Institute of Bankers, The London Institute of Banking & Finance offers a number of qualifications from financial capability for 14-19 year olds, undergraduate, Masters, and Continuing Professional Development (CPD) and executive education qualifications and programmes.
Eligibility:
There are no entry requirements for CITF Certificate Examination.
Examination Pattern:
Total Qualification Time (TQT)
Total Qualification Time (TQT) is a prediction of the total time a student with no prior knowledge might need to complete the course. FOR CITF it is a 200 Hours of Self Study Time.
CITF Examination:
It is a single two hour examination consisting of a combination of
Multiple Choice Questions —-Part A
Case study exercises ————Part B
A total of 100 marks are available. The pass mark for the examination is 70% of the marks. The structure of the assessment ensures that all aspects of the course content are subject to external examination which is conducted under strict examination conditions.
Course completion certificate attested by KHDA (Knowledge and Human Development Authority, UAE)
The Knowledge and Human Development Authority (KHDA) is responsible for the growth and quality of private education in Dubai. We support schools, universities, parents, students, educators, investors and government partners to create a high quality education sector focused on happiness and well being.
Title: Preparation for certificate in International Trade and Finance(CITF)
