CITF enables trade services specialists to demonstrate expertise on the key procedures, practices and legislation in international trade finance and their readiness for career progression.
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 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
Fraud prevention and anti-money laundering
The Certificate in International Trade and Finance is a Level 3 qualification registered with Ofqual in the Regulated Qualifications Framework (RQF).
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
Earn CPD learning hours / PDUs towards CDCS® and CSDG® Recertification
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.
On completion of CITF, you will have developed a foundation of knowledge to continue your progression through another of our Trade Finance qualifications: