Certificate in Foreign Exchange (CFX)

BAFT’s Certificate in Foreign Exchange (CFX) provides professionals with an overview of a financial institution’s foreign exchange department and services. Following the completion of the course, the learner should have a basic understanding of the Foreign Exchange (FX) market, products, sales process, FX risk, regulatory and compliance requirements.

Participants will learn how currency moves around the world including different types of local and global payment rails. The target candidate has a junior to intermediate experience in transaction banking and needs to learn more about FX and the working knowledge of foreign exchange as it pertains to their client’s business, including global regulatory differences, risks, and compliance concerns.

Who Should Attend

Transactional Banking, Foreign Exchange, Trade Finance, Credit/Compliance, International/ Domestic operations, Relationship Managers, International Sales officers (FX/Trade Finance), Corporate Bankers, Analyst (I, II, III), Associates, Specialists (I, II, III), Traders (FX), Credit/risk officers, those involved in Treasury Services and International Banking.

What You Will Learn

In this course participants will get a general overview of the Foreign Exchange market, specifically those aspects of the FX market that are important for transaction banking professionals to understand. It will help to become familiar with the Foreign Exchange products most commonly used by financial institutions. Participants will learn the various risks associated with FX from both a client perspective and bank perspective. Also, an overview of how money is moved around the world, different payment types, and the importance that each play in facilitating Global Trade. Members will learn about the relevant laws and regulatory requirements that the bank is liable for, and the importance of complying with local country regulations that restrict payments to certain parties in a transaction.

Why This Certification

Learn more about Foreign Exchange and the working knowledge of FX
Get a general overview of the Foreign Exchange market, including products, risk management, payments and channels, prospecting potential FX clients, and regulatory considerations.
BAFT’s Certificate in Foreign Exchange (CFX) has global application and is standard training for the entire industry.