What is IFSC-MICR codes-SWIFT Codes
What is IFSC-MICR codes-SWIFT Codes What is IFSC? IFSC stands for Indian Financial System Code . The Payment System Applications such as Real Time Gross Settlement (RTGS), National Electronic Funds …
What is IFSC-MICR codes-SWIFT Codes What is IFSC? IFSC stands for Indian Financial System Code . The Payment System Applications such as Real Time Gross Settlement (RTGS), National Electronic Funds …
SUBMISSION OF RETURNS OF FOREIGN EXCHANGE TRANSACTIONS TO BANGLADESH BANK SUBMISSION OF RETURNS OF FOREIGN EXCHANGE TRANSACTIONS TO BANGLADESH BANK INTRODUCTION: Authorised Dealers being responsible for dealings in foreign exchange …
URR 725, URC 522, ISBP 745: Their uses and Implication in Foreign Trade URR 725, URC 522, ISBP 745: Their uses and Implication in Foreign Trade: Uniform Rules for Bank-to-Bank …
Letter of credit operation chart Explain of the the above image: Exporter ↔ Importer: Negotiation. Importer → Importer Bank: Import license, L/C Exporter: Commodity Importer Bank → Exporter Bank: …
INTERNATIONAL TRADE & FOREIGN EXCHANGE – By Anwarul Haque Qureshi The importance of international trade in the economy of a country is too well known to need emphasis. A number …
FUNCTIONS OF FOREIGN EXCHANGE – By Anwarul Haque Qureshi Commercials Banks have a vital role in the foreign trade of a country. They provide the finance needed to execute the …
How Many Parties are involved in Letter of Credit (L/C) There are mainly 6(six) parties involved in a letter of credit which may be summed up as under: a) Opener: …
What is Letter of Credit (L / C) L / C (LETTER OF CREDIT) : L /C is an undertaking given by a Bank on behalf of its customer to …
Risk in Foreign Exchange Business Any person dealing in foreign exchange business must familiar with the risks involved.Some of the risks are peculiar to foreign exchange business, while some …
HOW TO TRACK SEA CARGO LOCATION Please click links below of major shipping lines to trace your sea shipments. Track your Sea shipment here First go to the links …
Export import tutorial IMPORT Step One: THE PLAN The first step when importing is to determine why you are importing. Ask yourself the following three questions: Is the product(s) you …
Objectives of Exchange Control (i) Protection of Balance of Payments. One of the important objectives of exchange control is protection of balance of payments. When the balance of payments deficit …
Foreign Exchange Regulation Act 1947 Foreign Exchange Regulation Act 1947: There is an elaborate machinery to effectively operate the exchange control and regulation in the country. The machinery comprises the authorities …
URR 725 and issuance of Reimbursement Authorisation, URC 522: Collection of Bills (Clean & Documentary) Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credit -URR 725 New Publication Number 725 to …
Factors influencing Foreign Direct Investment Factors influencing Foreign Direct Investment in a Country Foreign Direct Investors look into various factors before making investment decision in a country. After 1990, in …