Foreign Exchange Officer

Foreign Exchange Officer


Foreign Exchange Officer


12 Months | 15 Virtual Sessions

Entry requirements

NQF level 5 qualification with mathematics

Total number of days out of the office

15 Days, 9h00 – 16h00

This qualification prepares students to operate effectively as a Foreign Exchange Officer. Classroom debate, case studies, simulations, student presentations, leadership groups, project assignments and work experience portfolio coaching all contribute to lively and enriching course content.
EISA (External Integrated Summative Assessment) exam to be booked directly with BankSETA once NVO programme is completed.

Exam fee payable directly to BankSETA (exam fees to be found on BankSETA website). The Novia One mock examination will be venue based to simulate exam conditions as applied by the EISA exam.

Module 1: Introduction to Foreign Exchange
Module 2: FX Calculations and Foreign Currency Accounts
Module 3: Middle Office Operations
Module 4: Payments
Module 5: Foreign Bills for Collections
Module 6: Letters of Credit
Module 7: International Trade Finance and Guarantees
Module 8: Client Services

Prescribed work experience must be endorsed by the student’s mentor/supervisor and submitted to NVO for final assessment.

1. Gain insights into basic forex market calculations, forward exchange contracts (FEC’s), as well as concepts and conventions associated with the foreign exchange market.
2. Develop a sound understanding of the management and key performance areas of the middle office and its processes.
3. Learn how to process, manage and handle inward and outward transactions.
4. Acquire management skills for international trade finance operations, as well as the legal requirements for negotiable instruments.
5. Understand the processes of managing import letters of credit, as well as the processing of guarantees.

Contact us for more information

To find out how you can gain a formal qualification for your skills and hard-earned work.


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Before I did the programme with Novia One Business School, I wasn’t sure where I was heading in my life. Since I graduated things have been looking up for me and I’ve just been growing every day since I got the job at Direct Axis.

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