syl_ctf | Letter Of Credit | Test (Assessment)

INDIAN INSTITUTE OF BANKING & FINANCE

(An ISO 9001 - 2008 CERTIFIED ORGANISATION)
Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai - 400 070

Web-site : www.iibf.org.in

CERTIFICATE EXAMINATION IN TRADE FINANCE Rules & Syllabus 2012 OBJECTIVE
Trade Finance is one of the traditional forms of bank finance in India. In view of reforms and liberalisation, 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. ELIGIBILITY (i) Any bank employee. (ii) Any graduate of a recognized university or its equivalent. SUBJECT OF EXAMINATION TRADE FINANCE EXAMINATION FEES / REGISTRATION FEES For Members First attempt Subsequent each attempt @Includes registration fee of `500/1

For Non-Members @`3,500/`1,000/-

` 2,000/`1,000/-

Examination Application Forms duly filled in (for the detailed instructions refer the Examination Application Form) along with requisite examination fee should be submitted to the respective zonal office at Mumbai. Corporate Office and also at such other centres / offices as may be notified from time to time. 2 . PROCEDURE FOR APPLYING FOR EXAMINATION Examination Application Forms will be available at the Institute's website www. Chennai.iibf. PATTERN OF EXAMINATION (i) Each Question Paper will contain approximately 120 objective type multiple choice questions. Kolkata. The Institute accepts no responsibility for delay or inconvenience arising from the candidate's failure to reach the Examination Application Form in time or if the form is incomplete or failure to furnish all the essential information about himself / herself and the details of his / her examination. PERIODICITY AND EXAMINATION CENTRES (i) The examination will be conducted normally twice a year in May / June and November / December. (ii) Examination will be conducted on a Sunday. Forms without the same shall be liable to be rejected. PASSING CRITERIA The candidate has to secure 60% or more marks in the examination to pass.in which could be downloaded and filled in.MEDIUM OF EXAMINATION Examination will be conducted in English only. (ii) Information about mode of examination (online / offline) and list of examination centre will be provided along with Examination Application Form. i. New Delhi.org. The application forms will be also available at the Institute's zonal offices. 60 marks out of 100.e. DURATION OF EXAMINATION Examination will be of two hours duration. PROOF OF IDENTITY Non-members applying for Institute's exams / courses are required to submit a copy of any one of the following documents along with Examination Application Form.

The Institute has published study books to facilitate study and will be available at outlets / showrooms / distributors of M/s. (No cheques will be accepted). The Demand Draft should be drawn in favor of M/s. Candidates who purchase book/s directly from outlets of publishers will be offered a discount of 20% on the cost price of the book. However. SEBI. Hence. However the postage will be borne by publishers. Candidates would be required to send their indent to publishers' outlet along with a Demand Draft for the cost of book/s. The price of each book and detail list of outlets is mentioned below. candidates should keep themselves updated on latest developments by going through Master Circulars issued by RBI. Ltd. Candidates may purchase directly from outlets / showrooms / distributors of the above. Name of the Book Practitioners' Book on Trade Finance Price `260/- 3 . Candidates are requested not to send any request for the purchase of book/s to the Institute's Zonal Offices / Corporate Office. Ltd. Taxmann Publication Pvt. rules and regulations witness rapid changes. Candidates desirous of purchasing book/s by post will not be offered any discount. visiting the websites of organizations like RBI.1) Photo i/card issued by Employer or 2) PAN Card or 3) Driving License or 4) Election Voter's i/card or 5) Passport STUDY MATERIAL The Institute has developed a courseware to cover the syllabus. as banking and finance fields are dynamic. Candidates are advised to make full use of the courseware and also the updates put on the IIBF website from time to time. Taxmann Publication Pvt. BIS etc.

23947863 Book Corporation 4. Tis Hazari Court. Taxmann Publication Pvt. Delhi .com 4 . 35. Chennai-600 014 Tel. A.Old High Court Rd. 37. Ltd. 59/32.380006 Tel. New Delhi . Mumbai . 12-B. Taxmann Publication Pvt.400 034 Tel. N. M. 2254052 Modern Law House 1/1. Mumbai . Kolkata . : 22101089. Konark Shram. Rajendra Market. Birla Building. Edward Cinema. Flat.400 002 Tel. Opp. 22080668 Commercial House 149.700 011 Tel. 28117069. Opp. Bodke Building. Mukherjee Road. Mithakhali. Kalbadevi Road. 1st Cross Gandhinagar. 28113950 Law Point 6C. Between UTI & Central Bank Bank Street Kothi. D. Delhi -110 054 Tel. 10. Bank of Baroda. (Near Bishop Johnson School). 7. Stephen House. Aiyangar Plaza.560 009 Tel. Mulund (West). Mumbai . Girgaum Road. : 28111516. New Delhi . Paldi. Allahabad . Dhobi Talao. Opp. Ltd. 22206669. Opp. Mulund Railway Station. : 23267860 M/s. 23919317 Book Corporation 108. : 2584548 Commercial Book House LG-2. : 22050510.500 095 Tel.211001 Tel. M. Gokhale Market. R.110 054 Tel. Ahmedabad . : 2265500. Taxmann Publication Pvt. : 22101821 Krishna Law House 35-36. Road. Bangalore . Near Mithkhali Rly.. 102. New Rohtak Road.700 001 Tel. Sitaraman & Co.400 080 Tel. Nr. Sujatha Complex. 2560616 Arora Law Agency Shivala Road. Sattar Taluka Society.G. Amritsar .com M/s. A. Tis Hazari Court. Behind Everest Building. : 011-45562222 E-mail: sales@taxmann. Royapettah High Road. Ground Floor. : 23969866.110 005 Tel. 31000405 Student Agencies (I) Pvt. Hyderabad . Labh Complex. N.7540732 Student Book Centre 527. Marg.ADDRESSES OF TAXMANN PUBLICATION PVT. Darya Ganj. Ahmedabad . : 7540731. R. Opp. Nandan Complex. 22018485 Asia Law House Shop No. 23. Ltd.143 001 Tel. Ahmedabad . Aakarshan Bhawan. LTD. Mumbai . Mukherjee Road.380 014 Tel.380 007 Cell : 9909984900 E-mail: bdurgaprasad@taxmann. Opp. Crossing. : 22012143. BRANCHES & SHOWROOMS Jaina Book Agency 649-A.400 002 Tel. : 6465385 Puliani & Puliani Ground Floor. : 23947862. G. Ltd. : 24742324 Standard Book Distributors 104. Pritam Nagar.com M/s. Abhinav Arcade. : 2560700. Kolkata . : 2351334-37 C. : 022-25934807/32516684/25644807 E-mail: nileshbhanushali@taxmann. Hussainpura.Tardeo Road. 156.. Anasari Road.110 002 Tel.

balance of payments. The laws governing trade finance viz FEMA. questions based on current developments in banking and finance may be asked.SYLLABUS The details of the prescribed syllabus which is indicative are furnished below. methods of financing. 3. NIACT. Further. 5 . a) Documentary Letters of Credit .bank reimbursements under Documentary Credits ICC Brochure no 725 (URR 725) b) Various facilities to Exporters and Importers including forfeiting and factoring. balance of trade. 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. However. 2. c) Counter trade and Merchanting trade.UCPDC 600 Uniform rules for bank to . Indian Stamp Act. The meaning of foreign trade. FEDAI guidelines. terms of delivery of goods. Role of banks in foreign trade. 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 subjects of the said examination although those topics may not have been specifically included in the syllabus. keeping in view the professional nature of examinations. Theories of International Trade. 5. Any alterations made will be notified from time to time. SYLLABUS 1. Candidates are advised to refer to financial news papers / periodicals more particularly “IIBF VISION” and “BANK QUEST” published by the Institute. EXIM policy RBI Guidelines. Terms of Trade. 4. The Institute also reserves to itself the right to vary the syllabus / rules / fee structure from time to time.

Exchange Control / relating to International Trade 8.syndication Loan l LIBOR l Documents used in Trade . INCO terms Meaning . currency risk.GDR ADR l . credit risk. legal risk etc.Working Capital . Different types of LC.Factoring etc. l Insurance including marine insurance.Deferred payment guarantee .Securitisation .Credit Post 11. WTO .Bill of Exchange. counter party risk. Exports l Shipment .Obligation of buyers and sellers 9.method of finance l . l Domestic trade-method of Financing . Imports 12. Letter of Credit and UCPDC 600 .6.Appraisal and sanction . Invoice. Insurance Policy etc. Articles of UCPDC 10. exchange risk. Mechanics of LC. Airway Bill. l Risks involved in trade finance .Its Impact 7. Bill of Lading. International Finance .Meaning Parties to LC.Credit Pre l Shipment . l of EXIM Bank Role l of ECGC Role 6 .country risk.

Research. Conferences. Chennai. monthly newsletter and quarterly journal Publications + Training & Consultancy and Financial Education * ** Members are employees of Banks and Financial Institutions who have enrolled as members of IIBF. Investment and Risk Management Diploma in +Banking Technology Diploma in +International Banking and Finance Diploma in +Urban Co-operative Bank Diploma in +Commodity Derivatives for Bankers Diploma in + Micro Finance Professionals in collaboration with Sa-Dhan Diploma for +Wealth Management Course Advanced +Home Loan Advising Diploma in C. WelingkarAdvanced Mumbai.iibf. The same is also available at our website www. Flagship Courses + JAIIB + CAIIB +Banking & Finance Diploma in B. Daily e-newsletter. New Delhi.COURSES OF IIBF A. Examination Forms and other information pertaining to the examinations are available with Institute's Offices at Mumbai. Contact Classes or Campus Training . Specialised Certificate Courses (for Member* and Non-Members**) +in Trade Finance Certificate + Certified Information System Banker +in Anti-Money Laundering / Know Your Customer Certificate +in Quantitative Methods for Bankers Certificate +in Credit Cards for Bankers Certificate +Examination in Banking Oriented Paper in Hindi Certificate +Examination in SME Finance for Bankers Certificate +Examination in Customer Service & Banking Codes and Standards Certificate + Examination in Basics of Banking / Credit Cards for employees of Certificate IT Companies +Course for Business Correspondents / Business Facilitators Certificate +Examination for Debt Recovery Agents Certificate D.in. Rules / Regulations. Specialised Post Graduate Diploma Courses (for Member* and Non-Members**) +Treasury. + of books. etc. Chennai + MBA with IGNOU.Mumbai. Virtual Classes. Publishing + Tutorials through Accredited Institutions. 7 . e-learning through Portal. Lectures.org. IPE-Hyderabad. IMI-Delhi. Non-Members are eligible candidates for each course / examination without IIBF Membership. Management Courses +Management Program in collaboration with SIES . Kolkata and also at such other centers / offices as may be notified from time to time. CAIIB linked Educational support : +specific courseware for each paper / examination and Workbooks etc. + Project Finance Management Blended Course with IFMR. The Syllabi.Model Questions and subject updates on the net Other activities : +Seminars.

Dua. Mumbai . Director. Tower-1. Mumbai . Y. Jawaharlal Nehru Road. A. Bhaskaran. Chairman & Managing Director. former Managing Partner. Chairman. M. 4. A. P. K. Kamath. Malegam. Vadapalani. Kolkata . Institute of Banking Personnel Selection Shri Y. D. (100 Feet Road).net. V. State Bank of India Representing Public Sector Banks Shri K. UCO Bank Shri M. State Bank of India Shri Dilip Mavinkurve. Balachandran. Representing other Bodies / Experts Shri M. Narendra.vsnl. Ranganathan.400 070 Tel : 022-2503 9746 / 9604 / 9907 Fax : 022-2503 7332 E-mail : iibgen@bom5. K. Pereira. Indian Banks' Association (IBA) From IIBF Dr. Deputy Managing Director & CDO. Chairman & Managing Director. Mallya. Kurla (West). Bank of India Shri S. Opp. Allahabad Bank Shri Arun Kaul. Indian Overseas Bank Shri T.org. Acharya J. Union Bank of India Shri Rana Kapoor. C.org. Ramakrishnan. Chairman & Managing Director. The Saraswat Co-op.org. Kirol Road. C. K. Cuffe Parade. Karnataka Bank Ltd. Chairman & Managing Director. S. 'Anandlok'. Chairman & Managing Director. Managing Director. New Delhi . 19th Floor.in Quality Printers (I) Ph.in Southern Zonal Office : Indian Institute of Banking & Finance No. Blllimorla & Co. K. : 91-011-2575 2191/92 Fax : 91-011-2575 2193 E-mail : iibnz@iibf.in Northern Zonal Office : Indian Institute of Banking & Finance 109-113.in 8 Western Zonal Office : Indian Institute of Banking & Finance 191-F.700 020 Tel. Chief Executive. 'A' Block. YES Bank Representing Reserve Bank of India Shri S. R.in Eastern Zonal Office : Indian Institute of Banking & Finance 408. Chairman & Managing Director. Managing Director & Chief Executive Officer. 2nd Floor. Vikrant Towers. : 044-2472 2990/2472 7961 Fax : 044-2472 6966 E-mail : iibsz@iibf. Karuppasamy. Maker Towers.MEMBERS OF THE GOVERNING COUNCIL (As on 01/01/2012) PRESIDENT Shri M. Managing Director. 1st Floor. Bhushan.org. Indian Bank Representing Financial Institutions Shri T. : 033-2280 9681/82/83 Fax : 033-2280 9680 E-mail : iibez@iibf. Bank of Baroda VICE PRESIDENTS Shri M. Misra. Chairman & Managing Director. Bhasin. 227. 4th Floor. National Institute of Bank Management (NIBM) Dr. Chairman & Managing Director. Hotel Ambica Empire. Punjab National Bank Shri A. Chairman & Managing Director. Banerji. Raman. State Bank of Mysore Smt.94. Bank Ltd. Director. Arundhati Bhattacharya. Nair.600 026 Tel. Commercial-II. Executive Director Representing State Bank of India and its Associate Banks Shri Pratip Chaudhuri. ICFAI Business School Shri Allen C. Chairman. 24922297 . R. B.. Senior Advisor. Bose Road. H. Chairman & Managing Director. Chartered Accountants Prof.110 008 Tel. : 022-2218 3302 / 2218 5134 Fax : 022-2218 0845 E-mail : iibwz@iibf. Representing Co-operative Banks Shri S. Chennai .400 005 Tel. Rajendra Place. Chief Executive Officer ADDRESSES FOR CONTACT Corporate Office : Indian Institute of Banking & Finance Kohinoor City. Export-Import Bank of India Representing Private Sector Banks Shri Ananthakrishna. Canara Bank Shri J.

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