Certificate in Transaction Banking Compliance (CTBC)
About the Certification
BAFT Education offers this on-line training which will fulfill the requirements to earn BAFT’s Certificate in Transaction Banking Compliance (CTBC). Following the completion of the course, the participant should have a foundational understanding of the money laundering, terrorist financing and national security risks inherent in transaction banking products and services.
Employees at financial institutions can only raise red flags about suspicious transactions if they are trained to spot indicators of possible money laundering, terrorist financing and national security threats to the financial services industry. BAFT’s Certificate in Transaction Banking Compliance (CTBC) examines high-risk financial crime areas within international banking from several angles.
The target candidate for this training is a front or middle office employee in transaction banking and international finance.
Topics Covered: Fundamentals of anti-money laundering, trade-based money laundering, financial crime in correspondent banking, economic sanctions evasion tactics, cryptoassets, proliferation financing, corruption and terrorist financing.
Who Should Enroll: Front and middle office employees in transaction banking and international finance.
What You Will Learn: The CTBC is the ideal training solution for communicating the risks and red flags of money laundering, terrorist financing and national security threats within transaction banking.
Earn Continuing Professional Development Credits (CPDs)
Participants will further demonstrate their understanding and expertise by earning a well-recognized industry certificate. The certification is applicable for bank and non-bank financial institution staff and corporate and commercial trade finance practitioners.
BAFT’s Certificate in Transaction Banking Compliance (CTBC) has been approved for:
• 8 CPDs/hours granted by the the ICC Academy for the recertification of their courses. •
• 8 CPDs/hours towards recertification of the London Institute of Banking & Finance (LIBF) Trade Finance qualifications. •
In Partnership
Certificate Structure
- 8 Courses
- Program Duration: Approximately 10 hours
- Delivery: Self-Paced and On-Demand via the BAFT Education LMS
- Access: Available for 1 year from date of purchase
- Level: Introductory to Intermediate level
- Experience: 3+ years
Course Overview
Each module has been tailor-made to develop the skills needed to walk away with a fundamental understanding of high-risk financial crime areas within international banking.
- Module I: Anti-Money Laundering
- Module II: International Trade
- Module III: Correspondent Banking
- Module IV: Economic Sanctions
- Module V: Cryptoassets
- Module VI: Proliferation Financing
- Module VII: Corruption
- Module VIII: Terrorist Financing
Assessment
- The assessment consists of 15 multiple choice questions at the end of each course.
- The minimum passing grade per course is 80%.
- Upon passing all 8 courses, learners will be issued an accredited Certificate in Transaction Banking Compliance
Register
To complete registration and payment you will be taken to the BAFT Learning Management System.
Access: This includes access to all 8 on-demand e-courses for 1 year from date of purchase. A Certificate in Transaction Banking Compliance will be issued upon completion of the course and passing the assessment.
Payment: Visa, American Express, Mastercard, Discover. For alternative forms of payment please contact [email protected]
Group Rates: Learn more about our corporate packages for group pricing or license deals and email [email protected] with any inquiries.
Fees
- Members – $899 USD
- Non-Members – $1,099 USD
Non-members who select BAFT Member pricing are responsible for the remaining balance. Verify your organization is a member of BAFT by viewing the BAFT Member List prior to registering.
Complete Registration
BAFT On-demand Certificate Refund Policy
At BAFT Education & Learning, we’re committed to providing the ultimate learning experience with our quality courses. We take pride in our dedication to excellence, and your satisfaction is our top priority.
If you feel this online certificate isn’t right for you, send a written request to [email protected] within five days of your registration, and we’ll give you the option to enroll in another one of our online certificates. We will either refund the cost difference or invoice you for the remaining amount to match the price of your new course of choice