The IIBF Foreign Exchange Operations Exam Date 2026 has been announced by the Indian Institute of Banking and Finance (IIBF), and the exam is scheduled for 27th September 2026. The Certificate Course in Foreign Exchange Operations is designed for banking professionals who want to build their knowledge of foreign exchange transactions, FEMA regulations, export finance, documentary credits, and related banking practices.
When is the IIBF Foreign Exchange Operations Exam 2026 scheduled?
IIBF Foreign Exchange Operations exam is conducted as an online remote-proctored test. As per the examination schedule, the September 2026 examination is scheduled to be held on 27th September 2026, which falls on the 4th Sunday of the month. The registration window for this examination is from 16th September to 20th September 2026.
| Particulars | Details |
|---|
| Exam Name | Certificate Course in Foreign Exchange Operations |
| Examination Date | 27th September 2026 |
| Day | Sunday |
| Registration Start Date | 16th September 2026 |
| Registration End Date | 20th September 2026 |
| Examination Mode | Online – Remote Proctored |
| Examination Frequency | As per IIBF examination schedule |
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What is the exam pattern for the IIBF Foreign Exchange Operations exam?
The IIBF Foreign Exchange Operations exam is an objective-type online examination consisting of 100 multiple-choice questions. The paper carries a total of 100 marks, and candidates get 2 hours to complete the examination. There is no negative marking, which means no marks are deducted for incorrect answers. The examination is conducted in English only and follows a remote-proctored format.
| Particulars | Details |
|---|
| Exam Name | Certificate Course in Foreign Exchange Operations |
| Subject | Foreign Exchange Operations |
| Mode | Online – Remote Proctored |
| Type of Questions | Objective-type Multiple Choice Questions |
| Number of Questions | 100 |
| Total Marks | 100 |
| Duration | 2 Hours |
| Passing Marks | 50 out of 100 |
| Negative Marking | No negative marking |
| Medium | English only |
What is the syllabus for the IIBF Foreign Exchange Operations exam?
The IIBF Foreign Exchange Operations syllabus covers major areas related to foreign exchange operations and international banking. It includes FEDAI rules, foreign exchange rates, risk management, FEMA regulations, documentary credits, export finance, and Foreign Trade Policy 2023. The syllabus also covers requirements applicable to resident and non-resident individuals and entities.
| Section | Topics Covered |
|---|
I. FEDAI Role, Rules, Foreign Exchange Rates and Risk Management | • Role of FEDAI
• FEDAI Rules relating to foreign exchange operations
• Foreign exchange rates
• Forex risk management
• Code of conduct
• Ethics
• Compliance
• Corporate governance |
II. Regulatory Requirements under FEMA for Resident / Non-Resident Individuals | • Liberalised Remittance Scheme (LRS)
• Remittance facilities available under LRS
• Remittance facilities for resident Indians
• Other eligible categories and persons
• Various foreign currency accounts in India
• Foreign currency accounts abroad
• Acquisition of immovable property outside India
• Investments in securities abroad
• Other permitted overseas assets
• Rules relating to remittance of assets
• Deposit accounts for Non-Resident Indians (NRIs)
• NRI investments
• NRI borrowings
• Other NRI facilities |
III. Regulatory Requirements under FEMA for Resident / Non-Resident Entities | • Import of goods
• Import of services
• Other non-import remittances
• External Commercial Borrowings (ECBs)
• Regulatory requirements relating to exports
• Overseas investments by resident entities
• Investments in India by non-resident corporates
• Foreign Portfolio Investors (FPIs)
• Investments by other non-resident entities
• Liaison Office (LO)
• Branch Office (BO)
• Project Office (PO)
• Rules relating to establishment of offices in India by foreign entities |
| IV. Documentary Credits & Standby Credits | • INCOTERMS 2010
• URC 522
• UCP 600
• eUCP Version 1.1
• ISBP – ICC Publication 745
• URBO – ICC Publication 750
• URDG 758
• DOCDEX Rules – ICC Publication 872 |
| V. Export Finance | • Pre-shipment finance
• Post-shipment finance
• Export finance in Indian Rupees
• Export finance in foreign currency
• International Factoring
• Forfaiting
• Export Credit Guarantee Corporation (ECGC)
• Relevant export credit guarantee concepts |
| VI. Foreign Trade Policy 2023 | • Foreign Trade Policy 2023
• Policy issues relevant to Authorized Dealer (AD) Banks
• Latest relevant updates |
Is the IIBF Foreign Exchange Operations syllabus fixed?
The IIBF syllabus is indicative, so candidates should not limit their preparation only to the topics listed in the syllabus. Questions can also be asked from relevant matters related to foreign exchange operations and recent developments. Candidates should therefore keep track of updates in banking, finance, FEMA, foreign exchange, and related regulations. For the September 2026 to February 2027 examination period, regulatory instructions, guidelines, and important developments issued up to 30th June 2026 will be considered for inclusion in the question papers.
What are the passing marks for the IIBF Foreign Exchange Operations exam?
Candidates need to score at least 50 marks out of 100 to pass the IIBF Foreign Exchange Operations examination. This means the minimum passing percentage is 50%. There is no negative marking in the examination, so marks are not deducted for incorrect answers. The same passing criteria apply to eligible candidates, with no separate passing marks mentioned for members, non-members, or any specific category.
| Passing Criteria | Details |
|---|
| Total Marks | 100 |
| Minimum Marks to Pass | 50 |
| Passing Percentage | 50% |
| Negative Marking | No negative marking |
| Separate Passing Criteria | No separate criteria mentioned |
What is the mode of the IIBF Foreign Exchange Operations exam?
The IIBF Foreign Exchange Operations examination is conducted in online remote-proctored mode. Candidates must take the examination using a desktop or laptop. Mobile phones and tablets are not permitted for taking the examination. The paper consists of objective-type multiple-choice questions and is conducted in English only.
What is the duration and number of questions in the IIBF Foreign Exchange Operations exam?
The exam consists of 100 multiple-choice questions carrying a total of 100 marks. Candidates are given 2 hours or 120 minutes to complete the paper. Since there is no negative marking, candidates can attempt questions without the risk of losing marks for incorrect responses.
| Exam Feature | Details |
|---|
| Questions | 100 MCQs |
| Marks | 100 |
| Duration | 2 Hours |
| Medium | English |
| Negative Marking | No |
| Mode | Online – Remote Proctored |
