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Iibf Trade Finnace
Iibf Trade Finnace
OBJECTIVE
Trade Finance is one of the traditional forms of bank finance in India. In view of reforms and
liberalization, this has gained a new significance. Many of the practices in trade finance have
evolved over a period of time and some are guided by Ministry of Commerce and Reserve Bank
of India, besides WTO and International Chamber of Commerce through UCPDC 600.
With the increase in the volume of trade both domestically and internationally, there is a need
for trade finance professionals from banks as well as corporates.
This comprehensive course aims:
(i) To provide candidates with competencies required to function as trade finance practitioners.
(ii) To enable candidates to possess the needed skill and knowledge to understand clients' needs.
(iii) To enable candidates to handle trade bills of individual clients.
(iv) To enable candidates to attain high ethical and professional standards.
REMOTE PROCTORED MODE
Remote proctoring allows candidates to take an examination at a location of his/her choice while
ensuring the integrity of the examination. These systems require students to confirm their
identity, and, during the examination, the system monitors students through video, mic, etc.
looking for behaviour that could indicate unfair practices (cheating). Examinations are conducted
over internet using a Desktop/Laptop. Taking examination using any other device is not
permitted e.g. mobile, tabs, etc.
ELIGIBILITY
1. Members and Non-Members of the Institute
2. Candidates must have passed the 12th standard examination in any discipline or its
equivalent.
SUBJECT OF EXAMINATION
INTERNATIONAL TRADE FINANCE
PASSING CRITERIA:
Minimum marks for pass in the subject is 60 out of 100.
EXAMINATION FEES*:
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MEDIUM OF EXAMINATION:
Examination will be conducted in English only.
PATTERN OF EXAMINATION:
(i) Question Paper will contain 120 objective type multiple choice questions for 100 marks.
(ii) The examination will be held in Online Mode only
(iii) There will NOT be negative marking for wrong answers.
DURATION OF EXAMINATION:
The duration of the examination will be of 2 hours.
PERIODICITY:
Examination will be conducted on pre-announced dates published on IIBF Web Site.
Institute conducts examination on 2nd & 4th Saturday and on all Sunday’s, however
periodicity of the examination may be changed depending upon the requirement of banking
industry.
PROCEDURE FOR APPLYING FOR EXAMINATION
Application for examination should be registered online from the Institute’s website www.iibf.org.in.
The schedule of examination and dates for registration will be published on IIBF website.
PROCESS
Registration
1) Application for examination should be registered online from the Institute’s website
www.iibf.org.in. The schedule of examination and dates for registration will be
published on IIBF website.
2) At the time of registration, the candidate will select date/time of the examination.
3) At the time of registration, the candidate can register for e-learning/e-book, if
required, by paying the requisite additional fees.
4) The study material can be in the form of e-book and/or e-learning.
5) Based on the option selected (e-book/e-learning) the candidate will be provided login
ID password to access the study material.
6) On successful registration admit letter will be generated. Candidates can download
it.
Examination
1) Candidates will take examination under remote proctored mode on predetermined
date/time from a secured environment. (refer Do and Don’ts section for more
information)
2) Candidates should login to the system half an hour before the exam start time.
3) The examination proctor will verify the candidate’s face with the registered photo
image of the candidate.
4) Candidate will also be asked to display any valid original photo id-card (Aadhaar
card/e-Aadhaar/Employer's card/ PAN Card/ Driving License/ Election voter's card/
Passport etc.)
for verification purpose. After successful verification the proctor will allow the
candidate to start the examination.
5) Candidate may be required to show 360° view of the exam area using the webcam.
So that the proctor can identify the object/check the suitability of the exam
area/environment. A clear desk/table has to be ensured for appearing for the
examination. No reference materials, books, notes, periodicals, mathematical tables,
slides rules, stencils, post-its, chits, mobile phones, headsets (wired/ wireless), any
other electronic gadgets are allowed to be kept on the table or the desk.
6) Both sides of the rough sheet (if it is going to be used) should be shown to proctor
before and after the examination.
7) Once the examination begins live remote proctoring of the candidate’s activities will
take place throughout the examination period.
8) Under remote proctoring candidate’s activities will be monitored using webcam, mic
etc. Computer screen, browser, mouse, keyboard etc. will be monitored.
9) Proctor, if required, can convey information/ instructions to the candidate using chat
box.
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10) If a candidate indulges in unfair practices/suspicious acts, the proctor will intervene
and warn the candidate through chat box or can cancel/stop the examination
immediately as the case may be.
11) After completion of the examination/submission, provisional scorecard will be
displayed on the screen.
12) RESULT ADVICE/ CONSOLIDATED MARKSHEET/ FINAL CERTIFICATE
a. Result Advice of candidates will be hosted on Institute's website on
declaration of result, which can be downloaded by the candidates.
b. Consolidated mark sheet for candidates completing examination having
more than one subject, will be available on the Institute's website after
the declaration of results. Candidates can download the same after
entering login credentials using their membership number and edit profile
password.
c. For passed candidates, digitally signed certificate will be sent through e-
mail registered with the Institute within 3 weeks after the declaration of
result. The Paper Certificate issued by the Institute is discontinued.
Minimum System Requirement:
I) Desktop/Laptop:
Browser: Google Chrome version 75 & above, with cookies & popups enabled
Video/Audio: Webcam and a good quality Mic is required
Operating system: Windows 8 or 10
RAM & Processor: 4 GB+ RAM, i3 5th Generation 2.2 Ghz or equivalent/higher
Pop-up blocker: Disabled
II) Internet Connection:
Stable internet connection with at-least 512 kbps+ upload speed
Privacy
During the remote proctored examination, Images/Videos/Sounds of the candidates and their
computer systems will be captured and stored for examination proctoring purposes. It is
envisaged that candidates who register for the remote proctored examinations agree for the
same.
STUDY MATERIAL/ COURSEWARE
The Institute has developed a courseware to cover the syllabus. The courseware (book) for the
subject/s will be available at outlets of publisher/s. Please visit IIBF website www.iibf.org.in under
the menu “Exam Related” for details of book/s and address of publisher/s outlets. Candidates
are advised to make full use of the courseware. However, as banking and finance fields are
dynamic, rules and regulations witness rapid changes. Therefore, the courseware should not be
considered as the only source of information while preparing for the examinations.
Candidates are advised to go through the updates put on the IIBF website from time to time and
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go through Master Circulars/ Master Directions issued by RBI and publications of IIBF like IIBF
Vision, Bank Quest, etc. All these sources are important from the examination point of view.
Candidates are also to visit the websites of organizations like RBI, SEBI, BIS, IRDAI, FEDAI etc.
besides going through other books & publications covering the subject/ exam concerned etc.
Questions based on current developments relating to the subject/ exam may also be asked.
E-LEARNING:
Institute facilitates e-learning to enhance the understanding of the concepts. Candidates can
access the e-learning (From Desktops and Laptops only) through our website www.iibf.org.in at
their convenience and from their place of choice.
At the time of registration, the candidate can register for e-learning/e-book, if required, by
paying the requisite additional fees.
The study material can be in the form of e-book and/or e-learning.
Based on the option selected (e-book/e-learning) the candidate will be provided login ID
password to access the study material.
DISCLAIMER:
The above said facility of e-learning offered to the candidates is solely at the discretion of
the Institute and subject to such terms/ conditions as may be deemed fit by the institute
from time to time. Hence no candidate has any right/ claim whatsoever against the institute
by reason of any technical glitches or any shortcomings as the case may be and the
decision of the institute in the event of any dispute there-under will be final and conclusive.
CUT-OFF DATE OF GUIDELINES/ IMPORTANT DEVELOPMENTS FOR
EXAMINATIONS
The Institute has a practice of asking questions in each exam about the recent developments/
guidelines issued by the regulator(s) in order to test if the candidates keep themselves abreast
of the current developments. However, there could be changes in the developments/ guidelines
from the date the question papers are prepared and the dates of the actual examinations.
In order to address these issues effectively, it has been decided that:
(i) In respect of the examinations to be conducted by the Institute for the period February
to July of a calendar year, instructions/ guidelines issued by the regulator(s) and
important developments in banking and finance up to 31st December will only be
considered for the purpose of inclusion in the question papers".
(ii) In respect of the examinations to be conducted by the Institute for the period August to
January of a calendar year, instructions/ guidelines issued by the regulator(s) and
important developments in banking and finance up to 30th June will only be considered
for the purpose of inclusion in the question papers.
The table given below further clarifies the situation.
PROOF OF IDENTITY
Non-members applying for Institute’s examinations/ courses are required to attach/ submit a copy
of any one of the following documents containing Name, Photo and Signature at the time of
registration of Examination Application. Application without the same shall be liable to be rejected.
1) Photo ID Card issued by Employer or 2) PAN Card or 3) Driving License or 4) Election Voter’s
ID Card or 5) Passport 6) Aadhaar Card
SYLLABUS:
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The details of the prescribed syllabus which is indicative are furnished in the booklet. However,
keeping in view the professional nature of examinations, all matters falling within the realm of the
subject concerned will have to be studied by the candidate as questions can be asked on all
relevant matters under the subject. Candidates appearing for the examination should particularly
prepare themselves for answering questions that may be asked on the latest developments taking
place under the various subject/s of the said examination although those topics may not have been
specifically included in the syllabus. The Institute also reserves to itself the right to vary the
syllabus/ rules/ fee structure from time to time. Any alterations made will be notified from time to
time. Further, questions based on current developments in banking and finance may be asked.
Candidates are advised to refer to financial newspapers/ periodicals more particularly “IIBF
VISION” and “BANK QUEST” published by the Institute.
• Bank to bank reimbursements under Documentary Credits ICC Brochure no 725 (URR 725)
• URC - Uniform Customs Rules for Collection
• URDG - Uniform Rules for Demand Guarantee
• URR 525 - Uniform Rules for Reimbursement
• Foreign Trade Policy 2015-2020.
• Customs Procedures – Imports/ Exports
• Role of FEDAI, EXIM Bank, ECGC
• Various facilities to Exporters and Importers including forfaiting and factoring.
• Counter trade and Merchanting trade.
• Theories of International Trade.
• Terms of Trade.
• WTO - Its Impact
• Exchange Control/ relating to International Trade
• Inco terms Meaning - Obligation of buyers and sellers
• Letter of Credit and UCPDC 600 - Meaning Parties to LC, Different types of LC, Mechanics
of LC, Articles of UCPDC
• Exports
• Pre Shipment - Credit
• Post Shipment - Credit Imports
• Bilateral trade, counter trade, high seas sales.
• Maritime frauds, modus operandi and prevention initiatives
• International Finance - method of finance
• Buyers Credit
• Suppliers Credit
• Packing Credit
• LIBOR
• Documents used in Trade - Bill of Exchange, Invoice, Bill of Lading, Airway Bill, Insurance Policy etc.
• Insurance including marine insurance.
MULTIPLE CHOICE QUESTIONS (MCQS) AND ANSWERS
“The Institute conducts its examinations through Multiple Choice Questions (MCQs). These
MCQs are part of the Question Bank of the Institute and its Intellectual Property. As a matter of
policy, these MCQs and their answers will not be shared by the Institute with the candidates or
others and no correspondence in this regard will be entertained."
CONTACT DETAILS
Register your queries through website www.iibf.org.in > Members/ Candidates Support
Services (Help) or email all your queries to [email protected]
MEMBER SUPPORT SERVICE OFFICE
Indian Institute of Banking & Finance
191-F, Maker Towers, 19th Floor,
Cuffe Parade, Mumbai - 400 005
Tel.: 022-2218 3302/ 2218 5134
FOR TRAINING/ CONTACT CLASSES RELATED QUERIES CONTACT:
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Leadership Centre
Indian Institute of Banking & Finance
Kohinoor City, Commercial-II, Tower-I, 3rd Floor,
Kirol Road, Off L. B. S. Marg, Kurla West, Mumbai 400 070.
Tel.: 022 2503 9746/ 9604/ 9907
E-mail: [email protected]
PROFESSIONAL DEVELOPMENT CENTRES:
South Zone North Zone East Zone
Indian Institute of Banking & Indian Institute of Banking & Indian Institute of Banking &
Finance Finance Finance
No. 94, Jawaharlal Nehru Road, 102-113, Vikrant Towers, Hindusthan Building (Annexe),
(100 Feet Road), Opp. Hotel 1st Floor, 4 Rajendra Place, 7th Floor, 4, C. R. Avenue,
Ambica Empire, Vadapalani, New Delhi – 110 008. Kolkatta – 700 072.
Chennai – 600 026. Tel.: 011-2575 2191/ 92 Tel.: 033-4603 2850
Tel.: 044-2472 2990/ 2472 8587 E-mail: [email protected] E-mail: [email protected]
E-mail: [email protected]