IIBF Trade Finance study guide
IIBF Trade Finance · Work through your exam, one topic at a time.
Trade Finance is listed by the Indian Institute of Banking & Finance (IIBF) as a virtual training programme, scheduled from 17th to 18th November 2026 and delivered by IIBF PDC Lucknow. It is not presented in the source text as a standalone certificate examination with a published syllabus, question count, duration, fee or pass mark, so candidates should treat it as a two-day professional development offering rather than a scored certification. The IIBF Trade Finance study guide has 6 sections and about 1,609 words.
01Trade finance fundamentals and documentation
Trade finance fundamentals and documentation tests whether you can map a transaction to an instrument and a compliant document set. Financing follows risk: advance payment shifts risk to the buyer, open account to the seller, and letters of credit or collections place banks and documents between them.
291 words, about 1 min02Letters of credit under UCP 600 and collections under URC 522
This domain tests the documentary credit as an independent bank undertaking and the collection as a bank-handled presentation without a bank payment undertaking. Know UCP 600 examination rules and URC 522 collection mechanics.
271 words, about 1 min03Guarantees, standby credits and URDG 758
This domain tests independent guarantees, counter-guarantees and standby credits. The exam expects you to distinguish a demand guarantee from an accessory guarantee and to apply URDG 758 demand and expiry rules.
274 words, about 1 min04FEMA compliance and cross-border trade settlement
This domain tests Indian exchange-control compliance for exports and imports under FEMA, 1999, and the role of authorised dealer banks. Focus on documentation, realisation timelines and regularisation.
257 words, about 1 min05Export credit, forfeiting and trade finance risk
This domain tests pre-shipment and post-shipment export credit, forfeiting and the risks a trade financier prices. Know the difference between funding against documents and buying receivables outright.
262 words, about 1 min06SWIFT messaging and MT-to-MX migration
This domain tests trade message tags, payment messages and the move from SWIFT MT to ISO 20022 MX. Know the trade MT7xx family and the data-quality changes required in MX.
254 words, about 1 min