The Indian Institute of Banking and Finance (IIBF) has announced the IIBF Foreign Exchange Operations Exam Date 2026 for the November and December examination cycles. The exams are scheduled for 14th and 28th November and 12th and 26th December 2026. The Certificate Course in Foreign Exchange Operations is designed for banking professionals who want to strengthen 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?
The IIBF Foreign Exchange Operations exam is conducted as an online remote-proctored test. For the November and December 2026 cycles, candidates can choose from four scheduled examination dates. The registration window varies according to the selected exam date, so candidates should complete their applications within the prescribed period.
| Particulars | Details |
|---|
| Exam name | Certificate Course in Foreign Exchange Operations |
|---|
| November exam dates | 14th and 28th November 2026 |
|---|
| December exam dates | 12th and 26th December 2026 |
|---|
| Registration for 14th November exam | 4th to 8th November 2026 |
|---|
| Registration for 28th November exam | 18th to 22nd November 2026 |
|---|
| Registration for 12th December exam | 2nd to 6th December 2026 |
|---|
| Registration for 26th December exam | 16th to 20th December 2026 |
|---|
| Examination mode | Online – Remote Proctored |
|---|
| Examination frequency | As per the IIBF examination schedule |
|---|
Explore IIBF Foreign Exchange Operations Online Courses
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 |
When is the IIBF Foreign Exchange Operations Exam 2026?
The IIBF Foreign Exchange Operations Exam 2026 will be conducted on 14th and 28th November and 12th and 26th December. Candidates must register between 4th and 8th November, 18th and 22nd November, 2nd and 6th December, or 16th and 20th December, depending on their selected examination date.
| Exam date | Day | Registration start date | Registration end date |
|---|
| 14th November 2026 | 2nd Saturday | 4th November 2026 | 8th November 2026 |
|---|
| 28th November 2026 | 4th Saturday | 18th November 2026 | 22nd November 2026 |
|---|
| 12th December 2026 | 2nd Saturday | 2nd December 2026 | 6th December 2026 |
|---|
| 26th December 2026 | 4th Saturday | 16th December 2026 | 20th December 2026 |
|---|
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 |
