Certificate in International Trade and Finance (CITF®)

CITF enables trade, export and commodity executives to demonstrates expertise on the key procedures, practices and legislation in international trade finance.

About the qualification

CITF combines the acquisition of technical knowledge with the skills to apply that knowledge to real situations and has been developed in consultation with trade finance experts from across the world.

CITF enhances your knowledge of the products, documents, trade terms, roles and responsibilities that underpin international trade and finance. In addition to this core knowledge, CITF helps you to develop a basic understanding of fraud prevention and risk in terms of trade finance.

Studying CITF covers:

  • The trade environment and the role of the 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
The Certificate in International Trade and Finance is a Level 3 qualification registered with Ofqual in the Regulated Qualification Framework (RQF).

Key facts

  • Exams are held in April and October each year
  • Comprehensive study materials are provided
  • Upon completion, you are able to use the ‘CITF’ designation after your name

Important Qualification Related Information

CPQ Blue Testimonial

CITF helps me greatly in many fields of banking business, promoting efficiency of communication with our customers, strengthening background knowledge systematically and comprehensively, and hence increases my confidence.”

CITF student from China


CITF consists of one unit. It is recommended that students spend 200 learning hours studying for this qualification.

Unit - International Trade and Finance


An introduction to the international trade environment through focusing on the commonly used documents, trade terms and methods, exchange risk and the products available to deliver satisfactory solutions to the problems faced in international trade and finance. As well as providing an overview of the impact and significance of sanctions, corruption, money laundering and fraud in international trade.


Preparation for the exam usually takes six months.

CITF is a self-study qualification and following registration you will be sent a detailed study text covering the syllabus and containing review questions and activities. A specimen paper is also available to download. In addition to printed materials, students will also receive online access to the study resources.


CITF is assessed through a 2-hour paper-based objective exam split into two sections:

  • Section A - 80 multiple-choice questions
  • Section B - four case studies with 5 linked multiple-choice questions.

CITF is examined in over 40 countries at designated international centres.


The Secretary General
ICC Bangladesh
Suvastu Tower (56th Floor)
69/1, Pantha Path
Dhaka-1205, Bangladesh.

If you have any queries, please email or or call 880-2862-1942 or 880-29676698.

Mr Li Tianya
China Chamber of International Commerce
No 2 Huapichang Hutong
Xicheng District, Bejing, 100035

If you have any queries, please email or call (+8610) 8221 7267 or fax (+8610) 8221 7272.

ICC Indonesia
Tempo Pavilion 1 building 8th Floor
Jl. HR. Rasuna Said Kav. 11
Jakarta 12950

If you have any queries, please email or call (+62) 21 29667914 or fax (+62) 21 29667915.

ICC Malaysia
Wisma FMM
No. 3 Persiaran Dagang PJU 9
Bandar Sri Damansara
52200 Kuala Lumpur

If you have any queries, please email or call +603 6286 7200 or fax +603 62741266 /7288. 

Ms Sangkyung Kim
Korea International Finance Institute
KIFI Building, 50-8,
Toegyero 20 Gil
Seoul 100-042
South Korea

If you have any queries, please email or call (+82) 2 778 0808.

Looking for further information


For registration and other enquiries please contact Student and Customer Services on +44 (0)12 2781 8609.