IBF Financial Training Scheme (FTS) – FTS Funding

In light of the economic challenges arising from COVID-19, MAS has enhanced course fee subsidies for locals attending accredited or recognised courses up to 90% under this scheme. The Institute of Banking and Finance Singapore (IBF) will provide an additional 5% support in the form of IBF Credit. There is a grant cap of $2000 per participant per programme.

Please refer to www.ibf.org.sg for more information.

Eligible Courses

  1. BF152: Best Practices in Countering Trade-Based Money Laundering            
  2. BF152v: Best Practices in Countering Trade-Based Money Laundering (Live Webinar)    
  3. BF088: Understanding and Using Letters of Credit       
  4. BF088v: Understanding and Using Letters of Credit (Live Webinar)  
  5. BF120: An Understanding of INCOTERMS 2020  

Please refer to the individual course page to find out more about the steps to enrol for course with IBF FTS Funding.

Eligibility Criteria

  • Company-sponsored individuals ​from:
    • Singapore-based financial Institutions regulated by MAS (licensed or exempt from licensing by MAS)
    • FinTech firms certified by Singapore FinTech Association
  • Singapore Citizens or Singapore Permanent Residents, physically based in Singapore
  • Successful completion of the course
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).