GAFM-CLCM Exam Information and Outline
Certified Letter of Credit Manager (CLCM)
Syllabus Update Checked on: October 30, 2026
GAFM-CLCM Exam Syllabus & Study Guide
Before you start practicing with our exam simulator, it is essential to understand the
official GAFM-CLCM exam objectives. This course outline serves as your roadmap.
The information below reflects the 2026 syllabus defined by
GAFM.
Below are complete topics detail with latest syllabus and course outline, that will help you good knowledge about exam objectives and topics that you have to prepare. These contents are covered in questions and answers pool of exam.
- Exam Format
- Online multiple-choice certification examination following the GAFM Accredited Certification Training Program (ACTP)
- Letters of Credit Fundamentals
- Parties and process
- UCP 600 and ISBP
- Types of Letters of Credit
- Sight, usance, standby, transferable
- Documentary Requirements and Examination
- Discrepancies and Payment
- Trade Finance Risks and Fraud
- Guarantees, URDG and Related Instruments