HRD Corp Registered Training Provider | CTFP for Malaysians
How it works
ICC Academy is an HRD Corp Registered Training Provider. If you meet the eligibility criteria below, then you can claim financial assistance from from HRD Corp for the Certified Trade Finance Professional (CTFP) programme.
Eligibility criteria
You must meet all the criteria below to be claim HRD Corp financial assistance.
- You must be a Malaysian employee registered under an HRD Corp contributing employer
- You must be nominated by your employer under an approved grant
- You must attend and complete the approved training in accordance with HRD Corp guidelines
- You must complete the CTFP within 6 months
The total claimable amount per person from HRD Corp is RM 5,687.50.
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What is the CTFP?
The Certified Trade Finance Professional (CTFP) is an internationally accredited trade finance qualification trusted by alumni in more than 90 countries. The certification is designed for more senior trade finance and treasury managers and specialists who want a wider base of expertise. We recommend that candidates have +5 years of trade finance experience to enrol.
The curriculum has been authored by 11 experts from the ICC Banking Commission and covers a wide spectrum of trade finance solutions over 45 hours of online learning. You will develop the well-rounded skillset needed to overcome challenging scenarios, move into new roles, enhance relationships with clients and gain more trust from your colleagues.
FAQs
To start the process of using IBF STS funding or SkillsFuture Credit to subsidise the cost of the CTFP, please contact our team. You will be required to complete an application and agree to our terms and conditions.
The IBF-STS Funding Quantum is as per the table within this link: https://www.ibf.org.sg/home/for-individuals/skills-and-jobs-development/training-support/IBF-STS
You can use as much SkillsFuture Credit as you wish from your account (Base Tier credit only).
You must successfully complete at least 75% of the CTFP course (i.e. 33.75 learning hours) and pass the examination (not more than 3 tries) within grant period (i.e. 6 months) to qualify for IBF-STS funding support. If you fail to complete the programme, and/or fail the final examination including any retake, you agree to pay back the full IBF fee subsidy to ICC Academy within 1 month from the last date of access to the programme.
No. IBF-STS funding is available for both individual and company sponsored learners.
Terms and conditions
Terms & Conditions for HRD Corp:
- The level of HRD Corp financial assistance is as per the table within this link: https://supportcentre.hrdcorp.gov.my/portal/en/kb/articles/table-of-allowable-cost-matrix-acm
- Trainees must be Malaysian employees registered under an HRD Corp contributing employer and must be nominated by their employer under an approved grant.
- Trainee must successfully complete the minimum number of courses and have at least 75% attendance (i.e. 33.75 learning hours) for each certificate. Failure to meet the required attendance percentage will result in the claim being rejected.
Terms & Conditions of Business:
- Access to the Programme will only be given after HRD grant approval is received and any balance payment is received from the client.
- No addition or modification to this purchase shall be valid unless agreed in writing between you and ICC Academy.
- The access is not transferable.
- If the claim is rejected, client agrees to pay back the full grant fee of the CTFP to ICC Academy within 1 month from the last date of access to the programme.
- Should a trainee leave the company before completion of the programme, the client agrees to pay the full grant fee of the certification within 1 month from the notice given.
- If trainee is not able to complete the learning in the 6-month access, then the cost of extension is to be borne 100% by the employer/employee.