Managing the CITF® examination


CITF ® was developed by ifs University College (Since 15 September 2016 known as The London Institute of Banking & Finance), and launched in 2009, with endorsement by the ICC in 2014.



  • Advise trainees appropriately on the basics of international trade and finance;
  • Understand the processes involved in each type of international trade product;
  • Understand the risks involved in international trade and how to mitigate them;
  • Understand current banking practices, and conventions that are applicable to international trade; and
  • Understand the roles and responsibilities of all parties involved in international trade transactions.



  • Multiple-choice examination based on knowledge and application of that knowledge: 2 hours
  • 100 multiple-choice questions in two sections
  • Section A: 80 multiple-choice questions
  • Section B: four case studies, each with 5 linked multiple-choice questions


Learning objectives:

  • Understand the roles and responsibilities of the myriad of parties involved in international trade finance.
  • Discern the wide range of financing and settlement methods available.
  • Recognise the governance of trade rules and regulations.
  • Differentiate between the objectives of commercial, financial and transport documentation.
  • Appreciate the impact of regulatory issues.
  • Discover the various dispute and arbitration options available for resolution of problems.


It is our strong recommendation that practitioners undertake on this qualification. Not only does it ensure that you are then recognised as experienced in the field, but the course will also ensure that you have a solid grounding in, and strong knowledge of, the subject matter.


In order to help students in their study, we have developed on-line training material for the CITF ® examination. This is comprised of 4 modules with each module aligned to specific chapters of the CITF ® syllabus book 'Guide to International Trade & Finance'. In addition, we have developed an assessment that consists of multiple-choice questions that can be used to familiarise yourself with the style of questions that are asked in the examination.

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