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Certificate in International Trade and Finance (CITF)

Professional qualifications

Certificate in International Trade and Finance (CITF)

CITF helps trade services specialists to show their expertise on the key procedures, practices and legislation of international trade finance and their readiness for career progression.

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About the qualification

This is an international trade certification that improves your technical knowledge and teaches you how to apply this knowledge to real situations. We've developed the Level 3 qualification in consultation with trade finance experienced specialists.

CITF improves 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.

CITF is a Level 3 qualification registered with Ofqual in the Regulated Qualifications Framework.

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 2010 rules
  • 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

Benefits for you

  • Use the CITF designation after your name when you have completed the qualification
  • Earn continued professional development (CPD) learning hours or personal development units (PDUs) towards a Certificate for Documentary Credit Specialists (CDCS), Certificate for Specialists in Demand Guarantees (CSDG) and Certificate in Supply Chain Finance (CSCF) recertification 
  • Take your exams at one of the selected Pearson VUE test centres and at a time that suits you
  • Get your exam results the same day
  • Receive a paper certificate when you qualify

Supported by

BAFT-Logo
Registration fee £580
Qualification schedule Register at any time
Modules One Level 3 unit
Time to complete This qualification is typically completed in six months
Validity The qualification is recognised internationally
Study type Self-study, distance learning
Study material

Study texts are provided online and in hard copy. 

You will also get access to a unit syllabus, a specimen paper and a student-led forum

Assessment type

Two-hour exam with a combination of:

Section A: 80 multiple-choice questions
Section B: four case studies with five linked multiple-choice questions

Assessment provider Selected Pearson VUE test centres worldwide
Certificate
Your certificate will be posted to you once you have successfully completed the unit
















Units

Unit 1: The International Trade and Finance Environment (ITFE)

J/506/0459 


This unit focuses on the commonly used documents, trade terms, methods, exchange risk and products that you can use to solve the problems you might face in international trade and finance. It also provides an overview of the impact and significance of sanctions, corruption, money laundering and fraud in international trade.

CPQ Blue Testimonial

"CITF helps me to contact my suppliers with confidence and I am now in a position to demonstrate to my company/suppliers about the international trade activities and finance products available to meet our business requirements."

CITF student from China

Studying

Level 3 CITF is a distance learning qualification and will typically be completed in six months.  

Study texts are included in your registration fee and you will have access to online study texts immediately after payment. We aim to send a hard copy of your study texts by post within five working days of receiving your registration fees. Study texts contain review questions and activities to support your learning.

The following study materials are also included in your registration fee and are available immediately after registration:

  • a unit syllabus
  • specimen paper
  • a student-led forum

Assessment

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

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

You can take the exam at selected Pearson VUE test centres around the world, at a time and place to suit you – and get your results on the same day.

Once you register you will have 12 months to complete and sit the exam. Your first exam is included in the registration fee. If you need to retake an exam a resit fee will be payable.

Once you have successfully completed the unit, we will post your qualification certificate.

Find out how to book your exam
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International students' registration

Students from Bangladesh, China, Indonesia and South Korea should contact their relevant country as detailed below.

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

Please contact arahman@icc-bd.org or iccb@bdmail.net or call 880-2862-1942 or 880-29676698, for any queries. 

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

Please contact citfchina@ccpit.org or call (+8610) 8221 7297 for any queries. 

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

Please contact icc@iccindonesia.org or call (+62) 21 29667914 or fax (+62) 21 29667915 for any queries.

ICC Malaysia
Level 26 Menara Hong Leong
No. 6 Jalan Damanlela
Bukit Damansara
50490 Kuala Lumpur
Malaysia

If you have any queries, please email icc.cpk@rdl.com.my or call 03-2632 9999

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

Please contact kifi01@naver.com or call (+82) 2 778 0808 for any queries.

Register your interest

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

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Frequently Asked Questions

Registration is open all year round and you will have 12 months to book and sit the exam which can be taken at a time and location of your choice (subject to availability).

Your registration fee includes study materials and access to a virtual learning environment (VLE) in your MyLIBF account. 

Online study materials will be made available within 24 hours of payment. We aim to send a hard copy of your study text within five working days of receiving your registration fees. It will be delivered by courier and, in all cases, requires a signature. If it has not arrived within four weeks, you should let us know.

Your result will be printed and handed to you by the invigilator at the test centre once you have left the room. This notification will show whether you have passed the assessment and will also be available in the ‘Assessment details & results’ section on MyLIBF within 24 hours. 

We will email information about your certificate a few days after you achieve your pass and it will be sent within 30 working days. Certificates will be sent within 30 working days of the issue of your result. Certificates are not sent by courier, so no tracking information is available.

If you have not received your certificate within 60 working days of the confirmation of your result, you will need to complete a certificate re-issue form. Your certificate will be issued free of charge as long as the completed form is received within two weeks of this timescale. After this period, a fee of £48 will apply.

Re-issued certificates can be sent by a courier for an additional fee of £30. This should be included at the time of submitting your form.

Before your registration expiry date you can cancel your exam or change your exam date, time or venue (subject to availability). You will need to contact Pearson VUE directly, giving a minimum of 24 hours’ notice online or at least one working days’ notice by phone prior to your current exam booking. For example, if your exam is booked for a Monday, the latest you can reschedule is the previous Friday.

Pearson VUE can be reached via the details given on your Important Registration Information link on MyLIBF or our ‘Exam booking and information’  page. 

You have 14 calendar 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 already 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.

Pearson VUE can be reached via the details given on your Important Registration Information link on MyLIBF or our ‘Exam booking and information’ information page.

Contact

If you have any questions or need advice please call Student and Customer Services on +44 (0)12 2781 8609.

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