The Indian Institute of Banking & Finance (IIBF) has released the IIBF Foreign Exchange Operations Notification 2026 for banking professionals interested in strengthening their knowledge of foreign exchange operations. The certification course covers important areas such as foreign exchange rates, risk management, FEMA requirements, documentary credits, export finance, and Foreign Trade Policy 2023.
IIBF Foreign Exchange Operations Notification PDF Released
The IIBF Foreign Exchange Operations Notification 2026 has been released with complete details about the exam, eligibility criteria, registration process, syllabus, exam pattern, and other important guidelines. The course is designed for employees working with Authorized Dealer (AD) Member Banks of FEDAI and focuses on the practical aspects of foreign exchange operations. The exam will be conducted through a Remote Proctored Online Examination. The direct link to download the notification PDF is provided below.
Download IIBF Foreign Exchange Operations Notification PDF
What are the IIBF Foreign Exchange Operations registration dates for 2026?
The registration process for the IIBF Foreign Exchange Operations Examination 2026 has started on 16th September 2026. Candidates can register for the examination until 20th September 2026. The examination is scheduled to be conducted on 27th September 2026, which falls on the 4th Sunday.
| Particulars | Details |
|---|
| Exam Name | Certificate Course in Foreign Exchange Operations |
| Exam Date | 27th September 2026 |
| Day | 4th Sunday |
| Registration Start Date | 16th September 2026 |
| Registration End Date | 20th September 2026 |
| Mode of Examination | Remote Proctored Online Examination |
Who is eligible for the IIBF Foreign Exchange Operations exam?
The Certificate Course in Foreign Exchange Operations is open to employees working with Authorized Dealer (AD) Member Banks of FEDAI. FEDAI, or the Foreign Exchange Dealers' Association of India, is associated with foreign exchange market practices and guidelines. IIBF membership is not stated as a mandatory requirement for this course.
- Eligibility: Employees working with Authorized Dealer (AD) Member Banks of FEDAI
- Course: Certificate Course in Foreign Exchange Operations
- Subject: Foreign Exchange Operations
- Conducting Body: Indian Institute of Banking & Finance (IIBF)
How to register for the IIBF Foreign Exchange Operations exam?
Candidates can register online for the IIBF Foreign Exchange Operations Exam 2026 through the official IIBF website. Both IIBF members and eligible non-members follow the same basic online registration process, while non-members need to submit an additional valid identity proof. Candidates should complete the registration carefully and select their exam slot during the application process.
- Visit the IIBF Website: Go to the official IIBF website and open the examination registration section.
- Select the Course: Choose the Certificate Course in Foreign Exchange Operations from the list of examinations.
- Complete the Registration: Enter the required details and complete the online application as instructed.
- Select the Exam Slot: Choose the available exam date and time slot. Slots are allotted on a first-come, first-served basis, and the selected slot cannot be changed later.
- Submit Identity Proof: Non-IIBF members must submit a valid identity document containing their name, photograph, and signature. Accepted documents include Employer Photo ID, PAN Card, Driving Licence, Voter ID, Passport, and Aadhaar Card.
- Choose Additional Resources: Candidates can select e-learning and/or e-book if required by paying the applicable additional fee.
- Pay the Examination Fee: Pay the examination fee of ₹1,100 + convenience charges + applicable taxes through the prescribed online payment method.
- Download the Admit Letter: After successful registration, the admit letter is generated and can be downloaded for the examination.
Candidates should remember that separate registration is required for every attempt. The examination fee is non-refundable and non-adjustable, and the selected exam slot cannot be changed after registration.
Explore IIBF Foreign Exchange Operations Online Courses
What is the IIBF Foreign Exchange Operations registration fee?
The registration fee for the IIBF Foreign Exchange Operations Examination is ₹1,100 plus applicable GST and other charges. The same fee applies to the first as well as subsequent attempts. Candidates need to register separately for every attempt, and the fee once paid is non-refundable and non-adjustable.
| Attempt | IIBF Members |
|---|
| First Attempt | ₹1,100 + Plus GST as applicable |
| Each Subsequent Attempt | ₹1,100 + Plus GST as applicable |
What is the exam pattern for IIBF Foreign Exchange Operations 2026?
IIBF Foreign Exchange Operations exam is conducted online through a remote-proctored system. The paper consists of 100 objective-type multiple-choice questions carrying a total of 100 marks. Candidates get 2 hours to complete the examination, and there is no negative marking. The minimum passing score is 50 marks out of 100.
| Exam Component | Details |
|---|
| Mode of Examination | Remote Proctored Online |
| Medium | English Only |
| Type of Questions | Objective Type – MCQs |
| Total Questions | 100 |
| Total Marks | 100 |
| Exam Duration | 2 Hours |
| Negative Marking | No Negative Marking |
| Passing Marks | 50 out of 100 |
What is the syllabus for IIBF Foreign Exchange Operations 2026?
The syllabus covers important concepts related to foreign exchange operations, FEMA, documentary credits, export finance, and foreign trade. Candidates should also keep themselves updated with recent developments in banking, finance, foreign exchange regulations, and related guidelines. The syllabus is indicative and may include relevant current developments. The major areas covered in the syllabus are:
- FEDAI, Forex Rates and Risk Management: FEDAI role and rules, foreign exchange rates, risk management, code of conduct, ethics, compliance, and corporate governance.
- FEMA Requirements for Resident and Non-Resident Individuals: Liberalised Remittance Scheme (LRS), remittance facilities, foreign currency accounts, overseas assets, NRI deposits, investments, and borrowings.
- FEMA Requirements for Resident and Non-Resident Entities: Import and export transactions, External Commercial Borrowings (ECB), overseas investments, investments in India by non-residents, and foreign entity offices.
- Documentary Credits and Standby Credits: INCOTERMS 2010, URC 522, UCP 600, eUCP v1.1, ISBP, URDG 758, and DOCDEX Rules.
- Export Finance: Pre-shipment and post-shipment finance, international factoring, forfaiting, and the role of ECGC.
- Foreign Trade Policy 2023: Foreign Trade Policy 2023 with focus on Authorized Dealer Banks and the latest updates.
What are the important instructions for the IIBF Foreign Exchange Operations exam?
Since the examination is conducted through remote proctoring, candidates must arrange the required system and examination environment before the exam. The examination can be taken only through a desktop or laptop with a stable broadband connection. Candidates should also keep their original photo ID and other required items ready.
- Device: Desktop or laptop only.
- Operating System: Windows 10 64-bit or Windows 11 64-bit.
- RAM: Minimum 8 GB.
- Browser: Google Chrome Version 120 or above.
- Internet: Stable broadband with minimum 10 Mbps upload speed.
- Camera and Microphone: Must be working throughout the examination.
- Mobile Devices: Mobile phones and tablets are not permitted.
- Environment: Quiet room, proper lighting, plain background, and clear desk.
- Identity Proof: Original valid photo ID may be required for verification.
- Monitoring: Webcam, microphone, screen, browser, mouse, and keyboard may be monitored.
- Rough Sheet: If used, both sides must be shown before and after the examination.
What is the IIBF Foreign Exchange Operations certificate process?
Candidates who successfully clear the exam will receive a digitally signed certificate through their registered email ID. The certificate is expected to be issued within three weeks after the declaration of results. The IIBF has discontinued the physical or paper certificate system.
- Provisional Scorecard: Displayed immediately after submission of the examination.
- Result Advice: Provided online after result declaration.
- Certificate: Digitally signed certificate sent to the registered email ID.
- Expected Certificate Timeline: Within 3 weeks after result declaration.
- Physical Certificate: Discontinued.
