We use cookies on all our websites to gather anonymous data to improve your experience of our websites and serve relevant ads that may be of interest to you. Please refer to the cookies policy to find out more.

By continuing, scrolling the page or clicking a link, you agree to the use of cookies.

Certificate in International Trade and Finance (CITF®)

Professional Qualifications

Certificate in International Trade and Finance (CITF®)

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.

Trade-finance-qualifications-banner

About the qualification

This international trade certification combines the acquisition of technical knowledge with the skills to apply that knowledge to real situations. We've developed it 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. The CITF qualification also helps you develop a basic understanding of fraud prevention and risk in trade finance.

Studying CITF covers:

  • 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
  • prevention of both fraud and money laundering.
CITF is a Level 3 qualification registered with Ofqual in the Regulated Qualifications Framework.

Key facts

  • Exams are held in April and October each year
  • Comprehensive study materials are provided
  • On completion, you can use the ‘CITF’ designation after your name
  • You earn CPD learning hours/ Personal Development Units (PDUs) towards CDCS® and CSDG® Recertification

Units

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

Unit - The International Trade and Finance Environment

J/506/0459

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.

CPQ Blue Testimonial
The more people that have CITF, the better understanding of international trade which will improve the variety of solutions provided to exporter/importer. It will benefit them, so at the end will increase international trade. CITF student from Indonesia

Studying

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.

Assessment

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.

DipFa
Financial-advice-tutorial
CPQ-lecture-LIBF

International students registration

Registration forms for students from Bangladesh, China, Indonesia and South Korea should be sent to the addresses detailed under the relevant country below.

Further details and any queries should be directed to the email addresses and telephone numbers provided.


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

If you have any queries, please email arahman@icc-bd.org or iccb@bdmail.net or call 880-2862-1942 or 880-29676698.

Ms. Liu Meiyi
Training Center of CCPIT &CCOIC,
No. 2 Huapichang Hutong,
Xicheng District, Bejing, 100035
China

If you have any queries, please email citfchina@ccpit.org or call (+8610) 8221 7297.

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

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

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

If you have any queries, please email kifi01@naver.com or call (+82) 2 778 0808.

Register your interest

By registering your interest you will receive monthly updates regarding our qualifications and services within this area.

Please select at least one qualification


First Name

Surname

Email

Your Personal Data

We will use and protect your personal data in accordance with current data protection legislation to process your application. Further details, including your rights, the disclosure of data to third parties, storage, retention and how to amend your personal data, can be found within our Privacy Notice.


Please wait...

Frequently Asked Questions

Your registration fee includes the qualification study materials, and the first sitting of your exam and/or coursework. You will also gain access to MyLIBF (our student portal). Some qualifications include a hard copy of the study text.

If you need to resit your exam or coursework, you will need to register and pay for a resit.

In line with our charitable objectives, we make means-tested bursaries available to students studying our qualifications.

You can find out more information about the bursaries we offer here.
If you would like to apply for a bursary, please email our Student and Customer Services team or call them on +44 (0)12 2781 8609. Please ensure that you have details of the qualification you intend to study when contacting us. 

You have 14 calendars days from your course start date to cancel your registration and arrange a refund by calling our Student and Customer Services team. You will need to return any hard copy study texts in its original condition.

After this period all fees are non-refundable and non-transferable.

If you have booked your exam with Pearson VUE (and are within the cancellation period), you will need to contact them directly at least 24 hours prior to the exam date to cancel it. Then allow at least two hours before calling our Student and Customer Services team to cancel the qualification registration and arrange a refund.

Contact Pearson VUE on +44 (0) 370 608 1915 (Europe, Middle East, Africa region).

This is dependent on the type of exam you are sitting.

Multiple choice exams sat at Pearson VUE venues:
Before your registration expiry date you can change your exam date, time or venue. You will need to contact Pearson VUE directly, giving a minimum of 24 hours notice.

Contact them on +44 (0) 370 608 1915 (Europe, Middle East, Africa region)

Session based (set exam date as per study timetable):
It is not possible to change the date and time unless you defer to a subsequent session for an additional fee. The deadline to defer is 24 hours before your current exam date.

You may be able to change your venue. Please call us at least eight weeks before the exam date to check.

If you are unable to call us eight weeks before the exam, due to mitigating circumstances such as a sudden illness, please call us straight away as you may be eligible for Special Consideration . To be eligible you will need supporting documentation.

Making a result enquiry:
If you believe there has been an error in the marking of your assessment, you can apply for a result enquiry.

The Assessment Result Enquiry Policy explains the steps to take when applying and has an application form included. Your application must be received within 10 working days after we have communicated your assessment results.

This policy does not apply to students who believe their performance during an assessment may have been affected by external factors, for example noise, illness or unforeseen circumstances. These cases are dealt with under our Special Consideration Policy.

Appealing a decision:
You have the right to appeal to us to review decisions that have been made in the course of the assessment of your programme of learning. An appeal may only be submitted in relation to a final decision.

Please read our Appeals Policy as it explains the steps to take when applying, in particular section B 'making an appeal'. Your application must be received within 15 working days after we have communicated the outcome of a decision.

Making a complaint:
A complaint should be made if you are dissatisfied by one of our products or services as soon as possible, but no later than 10 working days from the date of the occurrence.

We deal with all complaints as promptly as possible and within clearly defined timescales. The stages for handling a complaint are listed in our CPQ Complaints Policy.

Recognition of prior learning (RPL):
Please read our Recognition of Prior Learning Policy as it explains the steps to take when applying. Your application will need to include certified copies of your qualification certificate or transcript.

We aim to provide an outcome within 10 working days. If we need longer, we will let you know.

Special consideration:
Please read our Special Consideration Policy as it explains the steps to take when applying. Your application will need to include supporting documentation.

Given the individual nature of special consideration claims, we would recommend that you contact our Student Support team on +44 (0)1227 818609 or support@libf.ac.uk for an informal discussion before you submit your application.

For your claim to be considered, you must have initially notified us of your circumstances on or before the submission deadline for coursework or within five days of the exam date. Any applications made outside of this timescale must include an explanation as to why the delay has occurred.

We aim to provide an outcome within 5 – 10 working days. It may take longer if your application is referred to the Concessionary Board.

Reasonable adjustment:
Given the individual nature of reasonable adjustments, we recommend that you contact our Student Support team on +44 (0)1227 818609 or support@libf.ac.uk for an informal discussion before you submit your request. This will allow us to fully understand the nature of your circumstances and advise you on the type of supporting evidence required.

The Reasonable Adjustments Policy explains the steps to take when applying and has an application form included. Your application must be received, with supporting documentation, at least six weeks prior to the date when the adjustment will need to be in place.

Contact

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

FAQs
#

You may also be interested in

Professional Qualifications

Certificate for Specialists in Demand Guarantees (CSDG®)

CSDG develops practical knowledge and expertise in the use of guarantees including industry rules, legislation and the challenges relating to demand guarantees and standby credits.

View course

Professional Qualifications

Certificate in Trade Finance Compliance (CTFC)

CTFC is the new industry certification designed to combat trade finance based crimes across the globe.

View course