RBC Online Banking

Step to RBC Online Banking

Step to RBC Online Banking Step-by-Step Guide to RBC (Royal Bank of Canada) Online Banking: Step 1: Enroll in RBC Online Banking If you are a new user: Go to RBC Online Banking Sign-Up Page Click “Enroll Now” or “Sign up for Online Banking.” Provide: RBC Client Card or Credit […]

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Discrepancies of Letter of Credit

Discrepancies of Letter of Credit

Discrepancies of Letter of Credit Common discrepancies in the export documents Claused/unclean/foul/dirty Bill of Lading. Charter party/stale/third party Bill of Lading (Unless stipulated in the letter of credit ) ON BOARD notation in B/L updated/unauthenticated. Shipment effected from the port other than that stipulated in the credit. Goods shipped on […]

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What is Outward Remittance

What is Outward Remittance?

What is Outward Remittance? Foreign Outward Remittance: Foreign currency being made out abroad may be termed as foreign outward remittance. Purpose of outward  remittance are: a)    Import Bills Payment b)    Payment against Contract or Agreement c)    Travel d)    Education e)    Treatment f)     Membership fees g)    Fees for Application h)    Examination […]

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Securities company of Bangladesh

Securities company of Bangladesh Securities company of Bangladesh A.B. ISPAHANI SECURITIES LID. Rep: Mirza Ali Behrouze Ispahan! Chairman & M.D Ispahani Building (2nd Floor) 14-15, Motijheel C/A, Dhaka-1000 Ph: 9555192, Res :8827061, Mobile : 01819-240459 Fax : 9565319, 9553193 E-mail : mmi@mmpahani.com A.B.S. SAFDAR & CO. LTD. Rep: Dr. A.M.B […]

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Basic flow chart of International Trade by LC

Step of Letter of Credit Opening

Step of Letter of Credit Opening Step One: If any importer wants to open a L/C, the importer is to be a customer of the bank and the importer will maintain a Current Account. Step Two:       Importer submits an application requesting for opening L/C for US$. …….. for import of […]

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SWIFT at a glance

SWIFT at a glance

 SWIFT at a glance SWIFT HISTORY > Increase in International trade and commerce after World War-II > Efficient Banking System for payment mechanisms with Security, Reliability and Confidentiality was needed. > Computer and Telecommunication technology came to the rescue > Co-operative organization SWIFT was born SWIFT is the industry-owned co-operative […]

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Pre-Shipment-Inspection

Pre-Shipment Inspection (PSI)

Pre-Shipment Inspection (PSI) Legal Framework: Pre-shipment Inspection Rules – 2002 (SRO No. – 255-AIN/2002/1973/Shulka, Dated 19-09-2002 which replaces Pre-Shipment Inspection Order – 1999, Dated 19-10-1999) Amendment of Pre-shipment Inspection Rules–2002 (SRO No. 38-AIN/2008/2188/Shulka, Dated 05-06-2008) Circular regarding exemption from mandatory pre-shipment inspection (SRO No. 193-AIN/2010/2311/Shulka, Dated 10.06.2010) Customs Act-1969 Import […]

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xpress-money

XpressMoney

XpressMoney XpressMoney is a global money transfer branded company in—. It   provides money transfer service Over the last 13 years  which  is convenient, affordable, accessible and secure form. At present XpressMoney is  an international money transfer provider company. They  serve more than 55,000 customers everyday all over  the world. Their […]

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International Chamber of Commerce (ICC)

ICC: Introduction-Purpose-Historical Background-Core Pillars

ICC: Introduction-Purpose-Historical Background-Core Pillars International Chamber of Commerce (ICC): Unlocking Global Trade and Integrity in Business Introduction to the International Chamber of Commerce (ICC) In the bustling realm of international trade, the International Chamber of Commerce (ICC) stands as a linchpin for commerce, arbitration, and global business ethics. Founded with […]

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The Central Bank of Bolivia

Central Bank of Bolivia

Central Bank of Bolivia: Features, History, Functions, and More The Central Bank of Bolivia (Banco Central de Bolivia, BCB) plays a pivotal role in the country’s economic and financial stability. As the official authority in the regulation of Bolivia’s monetary policy, the BCB has a rich history, a clear mission, […]

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What is voice banking?

What is voice banking?

What is voice banking? Voice banking refers to the process of digitally preserving someone’s voice for future use. It involves recording a person’s voice, typically through various phrases and sentences, which are then converted into a digital format. This digital voice can be stored and later utilized to create synthetic […]

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