Course Details

The Certificate in International Trade and Finance (CITF) has been designed to enable trade, export and commodity executives to gain a thorough understanding of key procedures, practices and legislation in trade finance on an international level. CITF combines the acquisition of technical knowledge with the skills to apply that knowledge to real situations. As an International Trade Course it has been developed in consultation with trade finance experts from across the world.

Studying CITF will enable you to understand:

• 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
• Methods of payment mechanisms including open account, collections, documentary credits and bank payment obligations
• Guarantees and standby credits
• Short, medium and long term trade finance
• Islamic trade finance
• Dispute handling, arbitration and resolution
• Fraud prevention and anti-money laundering