How To Begin Export The first step for new entrant is to identify the product or products which he intends to export. Before considering the product, one might begin by considering why to get involved with exports, at all. One may have the following objects for starting the exports. Greater Profitability You may decide that …
How to Establish an Export Office As soon as a company starts to obtain export business, some form of export office will be required along- with a system under which it should operate and certain people able to deal with the work. And before any goods can be dispatched, some dealings may be required with …
Scrutiny of Import documents Scrutiny of Import documents Following points should be carefully checked in respect of the relevant documents: (a) Forwarding schedule of the negotiating bank whether there is any discrepancy mentioned in it whether there is any special instruction that cannot be complied with whether there is any commission/charge Following points should be …
How to manage strong Room of a bank? Handling of Keys is one of the most critical activity at the branch. Robust control on keys directly reflects the discipline that a branch exudes. Keys can generally be classified into Critical and Non-critical. Critical keys are generally the keys for Cash Vault, Cash counter, Vault room …
Islamic Banking in all over India Islamic banking is a banking which follows the principles of islamic laws (Shariah) which prohibits interest based banking‘ and permits only profit sharing based banking‘. The concept is based on a verse of the Holy Quran that says “Allah has allowed only legitimate trade and prohibits interest”. It is against …
Top 10 Banks list in Bangladesh BEST 10 BANKS LIST IN BANGLADESH 1. ISLAMI BANK BANGLADESH LTD (IBBL) 2. DUTCH-BANGLA BANK LTD 3. EASTERN BANK LIMITED (EBBL) 4. BRAC BANK LIMITED 5. SONALI BANK LIMITED 6. JANATA BANK LIMITED 7. PRIME BANK LIMITED 8. BANK ASIA LIMITED 9. THE CITY BANK LIMITED 10. AGRANI …
Economic Planning in Islam Meaning of Economic Planning in Islam: Economic planning in Islam seems to provide a realizable synthesis of planning by inducement and planning by direction. Various Injunctions of Holy and Sunnah have confirmed this, although no evidence has been found to indicate any systematic treatment of the subject, however, we all know stands …
What types of credit facilities are provided by the banks to the exporters in Bangladesh? Credit facilities are provided by the banks to the exporters Export plays a dominant role in the economy of our country. In the export trade, the exporter needs the finance at different stages right from the stage he gets an …
Process of import goods in Bangladesh Step 1 – Registration with CCI & E: For engaging in international trade, even traders must be first registered with the Chief Controller of Import and Export (CCI & E). By paying specified registration fees to the CCI & E- the trader will get IRC/ERC (Import/Export Registration Certificate), to …
Asian Clearing Union (ACU) At A Glance Asian Clearing Union (ACU) At A Glance: Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis. The main objectives of the clearing union are to facilitate payments among member countries for …
