CITF Course at a Glance
Understand how international trade is paid for, financed and supported by banks, documents and risk controls.
What is CITF?
The Certificate in International Trade and Finance is a Level 3 qualification from LIBF, part of Walbrook Institute London. It covers trade parties, settlement methods, financing, documentation and trade risk.
EduDelphi provides independent training and preparation. LIBF controls qualification registration, assessment and the award of CITF.
Who is this course for?
Trade operations and transaction-banking professionals, importers, exporters, trading-company teams, treasury staff and professionals moving into trade finance.
No formal entry qualification is required. Relevant banking or trade experience helps, but you can also join to build a clear foundation.
What Your CITF Course Includes
Teaching, resources and practice work together, so you have a clear route from understanding a concept to answering a case.
Live, practical teaching
40 hours of live faculty-led tuition covering both units, commercial trade examples, question practice and revision.
A resource-rich AI LMS
Recorded classes, notes, mind maps, infographics, reference sheets, study planning, an AI study assistant and much more.
Questions and timed mocks
1,500+ practice questions, multiple unit mocks and explanations that help you understand why an answer fits.
Direct faculty support
Live doubt-clearing, feedback on practice and help turning repeated mistakes into focused revision.
Trade cases and document practice
Connect payment methods, financing and introductory document work with realistic bank and company decisions.
Guidance and completion certificate
Support with your study plan and official registration process, plus an EduDelphi training-completion certificate.
The live course includes 40 teaching hours. Supported self-paced study uses recorded teaching and LMS resources with faculty support. Official qualification fees are separate.
Your CITF Study and Revision Support
Learn
Follow the unit plan. Use teaching, recordings, visual summaries and the AI study assistant to make difficult topics clearer.
Practise
Work through topic questions and timed unit mocks. Compare your reasoning with the explanations, not just the answer letter.
Improve
Review weaker topics and recurring errors. Bring questions to faculty support, then test your understanding with fresh practice.
CITF Syllabus: ITPS and ITFD
Prepare for the current 2026 two-unit qualification, with clear links between settlement, financing, documentation and risk.
ITPS: International Trade Parties and Settlement Methods
Parties, contracts and payment
- Importers, exporters, banks and correspondent relationships
- WTO and ICC roles, trade agreements and the international trading environment
- Trade contracts, party responsibilities and the CISG sales convention
- Advance payment, open account and documentary collections
- Documentary credits, guarantees and standby credits
Rules, risk and controls
- UCP 600 and eUCP for documentary credits; URC 522 and eURC for collections
- URDG 758 for guarantees, ISP98 for standby credits and an introduction to ISBP 745
- Dispute resolution, ICC arbitration and DOCDEX for documentary-instrument disputes
- Payment, bank, country and operational risk
- Financial-crime concerns and appropriate escalation
ITFD: International Trade Financing and Documentation
Financing and commercial decisions
- Import/export finance and the trade cycle
- Credit risk, export credit agencies and financing choices
- Foreign-exchange risk and hedging principles
- Factoring, forfaiting and URF 800; supply-chain finance; Islamic Trade Finance
Documents and modern trade
- Commercial, transport and insurance documentation
- Incoterms 2020 and transaction responsibilities
- Electronic documentation, digital banks and big-data applications
- Distributed ledger technology (DLT), smart contracts, the Internet of Things (IoT) and AI
- Multi-banking through MT798, Bank Payment Obligation and cybersecurity
Teaching follows the published qualification specification. Current workplace examples supplement the exam scope; advanced specialist document examination belongs to a different training route.
CITF Exam Format and Registration
| Exam detail | Current structure |
|---|---|
| Units | ITPS and ITFD, assessed separately |
| Time per unit | 60 minutes |
| Questions per unit | 30 standalone multiple-choice questions plus 2 case studies with 5 linked questions each |
| Pass mark | 70% in each unit |
| Delivery and results | Remote-invigilated online examination through Brightspace; same-day results |
| Registration period | 12 months to complete the qualification |
Register with LIBF
Complete official qualification registration and receive access details.
Prepare both units
Follow your teaching and practice plan, with unit-specific revision.
Check exam readiness
Review the invigilation instructions, equipment and room requirements.
Take each unit
Use the on-demand online exam route when ready; no advance appointment booking is required.
What happens if I need to retake a unit?
The current resit fee is £175 per unsuccessful unit. LIBF currently permits up to three attempts in a week and ten attempts within a 12-month period per unit. You need to arrange and pay for the applicable resit; use feedback to strengthen weaker areas before another attempt.
Official information checked 3 October 2026. Confirm current exam instructions and fees with LIBF before registration.
One Singapore Trade Transaction, Five Decisions
A Singapore electronics distributor buys US$120,000 of components from an ASEAN supplier. The buyer wants 60-day terms; the supplier wants payment security.
| Decision | What you work through |
|---|---|
| 1. Settlement | Compare open account, collection and documentary credit against the buyer’s terms and supplier’s payment-security needs. |
| 2. Financing | Identify who needs working capital, when the funding gap starts, how long it lasts and what it costs. |
| 3. Risk | Assess buyer, supplier, bank and country risks, plus currency exposure and compliance concerns. |
| 4. Documents | Identify the required presentation and check the simplified shipment-date discrepancy below. |
| 5. Digitalisation | Consider what changes with an electronic transport document: accepted format, applicable rules, access, authenticity and secure handling. |
This case brings ITPS settlement and risk concepts together with ITFD financing, documentation and digital trade.
Original practice extract
- Latest shipment date
- 15 June
- Presentation period
- Within 21 days after shipment
- Credit expiry
- 10 July
- Bill of lading: shipment date
- 18 June
Simplified teaching extract, not a complete letter of credit.
What should the learner notice?
A presentation can fall within the presentation period and still contain a separate problem. Here, shipment occurred after the stipulated latest shipment date.
Do not treat a valid presentation date as proof that every credit condition is satisfied. Identify each requirement separately, then establish what needs further review.
See the financing calculation and faculty reasoning
At an illustrative 8% annual rate for 60 days on an actual/365 basis, the finance charge on US$120,000 is approximately US$1,578, before fees.
Calculation: 120,000 × 0.08 × 60 ÷ 365. A real quotation may use a different day-count basis and additional charges.
Faculty feedback: first separate the buyer’s financing need from the supplier’s payment-security need. Then compare the instrument, bank undertaking, conditions, cost and risks. A documentary credit is not an unconditional guarantee of payment.
Electronic-document discussion: do not assume a scanned PDF is an electronic bill of lading. Establish what the instrument and applicable framework accept, who controls the record, and how authenticity and cybersecurity are managed. Where a credit incorporates eUCP, review its electronic-presentation requirements.
How your answer improves: instead of “an LC is safest,” explain which party is protected, what conditions apply, where the funding comes from and what remains at risk.
Original EduDelphi teaching example using fictional terms. Not an official or recalled exam question, a bank quotation or transaction advice.
Your CITF Trainers
Learn the technical and commercial sides of trade finance with experienced international practitioners.
Rebecca Whitmore
CDCS | CSDG | CITR | CDCE
25+ years in global trade finance, documentary credits and guarantees
12+ years in professional training
Rebecca connects CITF instruments and operational processes with practical documentary-trade decisions. Her experience includes documentary-trade roles at HSBC in London, Deutsche Bank in Frankfurt/London and Standard Chartered in Hong Kong/Singapore.
She helps learners understand the parties, obligations, documents and rules behind a transaction. Her Singapore-focused cases make collections, credits, guarantees and trade-risk concepts easier to apply, while keeping preparation aligned with CITF.
Rajiv Menon
CITF | CTFP | CSCF | CAMS
MBA: Finance & International Business
18+ years in trade finance, transaction banking and working capital
9+ years in professional training
Rajiv brings the product, client and treasury perspective, with experience at Citi in New York, Standard Chartered in Dubai and BNP Paribas in Singapore.
His sessions connect payment methods, financing structures, working capital and cross-border risk. Learners work through product selection, calculations and case interpretation, then use mock feedback to improve their reasoning and exam technique.
CITF Study Options and Fees
Choose instructor-led study or a flexible supported route. Request your course quotation in SGD.
Live CITF Course
40 hours of live faculty-led tuition in a Singapore classroom or live online, with recordings, LMS resources, questions, multiple mocks and faculty feedback.
Private 1:1 and blended arrangements are also available.
Supported Self-Paced CITF
Recorded teaching, extensive LMS resources, practice questions and timed mocks, with live faculty support to help you work through difficult areas.
Revision-only and unsuccessful-unit preparation are available for candidates needing focused support.
Official CITF Costs, Separate from EduDelphi Tuition
| Item | Current reference | What it covers |
|---|---|---|
| LIBF CITF registration | £750 | Full qualification registration, official study materials and initial exam entries |
| Unsuccessful-unit resit | £175 per unit | A further attempt when needed |
| EduDelphi training | SGD quotation | Your selected teaching, LMS, practice and support package |
Your written quotation confirms EduDelphi’s inclusions. Official qualification registration is separate. Reference fees remain in GBP because exchange rates change.
LIBF’s optional additional mock products are separate purchases, not a compulsory extra. Official costs checked 3 October 2026.
CITF for Trade-Finance Work in Singapore
Connect learning with cross-border transactions handled by Singapore banks, trading companies and regional treasury teams.
| Work responsibility | How CITF learning helps |
|---|---|
| Bank trade operations | Understand parties, settlement flows, instruments, documents and operational risk. |
| Import/export and commodity trading | Compare payment terms, documentary responsibilities and financing needs. |
| Corporate treasury and regional finance | Connect trade-cycle funding, working capital, FX exposure and bank solutions. |
| Client-facing transaction banking | Explain product choices and identify the information needed to assess a transaction. |
| Trade documentation and controls | Recognise inconsistencies, missing information and issues requiring escalation. |
Singapore classroom and live-online study serve professionals across the island. Private and corporate onsite delivery can be arranged around your team’s location and learning needs.
These are capability connections, not promises of a job, promotion or salary increase.
CITF vs GTC, CDCS, CSDG and CTFP
Choose a foundation, specialist qualification or practical workshop based on your role and experience.
| Route | Typical learning focus |
|---|---|
| CITF | Level 3 RQF foundation spanning trade settlement, financing, documents and risk. |
| ICC Global Trade Certificate (GTC) | Alternative foundational route from ICC Academy, with broad self-paced trade-finance learning. |
| CDCS course in Singapore | Level 4 specialisation in documentary credits and document examination. |
| CSDG course in Singapore | Specialist study of demand guarantees, including relevant standby-credit concepts. |
| ICC Certified Trade Finance Professional (CTFP) | Advanced, broader trade-finance study for experienced professionals. |
| Practical Letters of Credit course | Focused workplace application of documentary-credit rules and banking practice, rather than a full professional qualification. |
CITF is not a compulsory prerequisite for CDCS. Qualification preparation and short practical workshops meet different needs.
Explore trade finance courses in Singapore or read how CDCS certification works.
For focused workplace skills, explore our practical Bank Guarantees & Standby LC training in Singapore. CITF remains the broader trade-finance qualification route.
Where Can CITF Lead Next?
Build on your foundation in the direction your work requires: documentary credits, guarantees, supply-chain finance or trade risk.
CDCS deepens documentary-credit knowledge; CSDG preparation focuses on guarantees; CSCF develops supply-chain-finance knowledge; and CITR focuses on international trade risk.
How can CITF contribute towards LIBF’s QTFE diploma?
LIBF’s Diploma for Qualified Trade Finance Experts (QTFE) combines qualifications. The published pathway accepts CITF or CPCM, plus CDCS or CSDG, plus CSCF or CITR. Alternatively, three of the listed Level 4 certificates can meet the qualification combination.
Completing CITF alone does not award QTFE. Check the current LIBF progression requirements when planning further study.
Can CITF holders use ICC Academy’s Core CTFP route?
Yes. ICC Academy currently accepts CITF as prior qualification evidence for its Core CTFP route. This route comprises five advanced courses and a final examination, rather than the standard nine-course programme.
You still need to register with ICC Academy, supply qualification evidence, complete the required courses and pass its exam. See the official Core CTFP route for current conditions.
Ask EduDelphi to help you compare your next training step with your role in banking, treasury, trade operations or import/export.
Corporate CITF Training in Singapore
Build shared trade-finance knowledge across banking, treasury, trade operations and commercial teams.
For banks and financial institutions
Private cohorts for trade operations, transaction banking, client-facing and support teams. Connect qualification preparation with payment instruments, documentation, risk and escalation scenarios.
For companies and trading businesses
Help finance, treasury, import/export and commercial teams understand payment terms, funding needs, documents and the bank’s role in a transaction.
Choose Singapore classroom, corporate onsite, live-online or blended delivery. We can tailor schedules, use company-approved examples, build team study plans and provide assessment feedback and progress reporting.
Pair CITF preparation with practical workshops where your team needs deeper application. We provide course outlines, learning outcomes and SGD quotations for employer approval.
CITF Course Singapore FAQs
Can I attend CITF classes in Singapore?
Yes. EduDelphi offers Singapore classroom training, live online, private 1:1, corporate onsite and blended study. Supported self-paced and focused revision options are also available.
Do I need banking experience or a degree to start?
No formal entry qualification is required for CITF. Trade or banking experience can help you apply the concepts, but the course also supports learners building their first structured foundation.
Can I take the CITF exams online from Singapore?
Yes. The current qualification uses remote-invigilated online exams through Brightspace. Each unit is assessed separately. Follow LIBF’s equipment, identity and testing-environment requirements before starting.
Does supported self-paced study include faculty help?
Yes. Recorded teaching and LMS resources are supported by live faculty access. You can get help with difficult concepts, questions and revision rather than studying entirely alone.
Are official CITF fees included in EduDelphi tuition?
No. EduDelphi tuition is quoted in SGD for your selected preparation package. LIBF qualification registration and any official resit fees are separate.
Can I join for revision or one unsuccessful unit?
Yes. Tell us which unit you are preparing for and where you need support. We can recommend focused practice, revision and faculty guidance.
Does EduDelphi award the CITF qualification?
No. LIBF, part of Walbrook Institute London, controls the qualification and exams. EduDelphi provides preparation and issues its own training-completion certificate.
Can my employer sponsor the course?
Yes. We can supply a course outline, learning outcomes, enrolment documents and an SGD quotation for your employer’s approval. Private team cohorts and corporate onsite training are available.
Is SkillsFuture Credit available for this course?
SkillsFuture eligibility depends on the specific course and current funding rules. Ask us for the course documentation and check eligibility directly with SkillsFuture Singapore before relying on funding. Employer-sponsored learning is also an option.
Request CITF Course Details
Get your syllabus, study options, included resources and SGD tuition. Tell us whether you are enquiring for yourself or your team.
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