Central Bank of Brazil: History, Functions, Structure, and Modern Role The Central Bank of Brazil (Banco Central do Brasil or BCB) is one of the most influential financial institutions in Latin America. As the monetary authority of the largest economy in South America, the Central Bank of Brazil plays a […]
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Central Bank of Botswana: A Comprehensive Guide to Botswana’s Monetary Authority Introduction The Central Bank of Botswana (BoB) plays a pivotal role in ensuring financial stability, monetary policy implementation, and sound economic governance in Botswana. Established to manage the country’s monetary system and currency, the bank has evolved into a […]
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Registered Investment Advisor RIA Ria is the Third Largest Money Transfer Company All Over the World: Features, History, Mission, Vision, Values, and More Introduction In today’s interconnected world, money transfer services are essential. Among the top global players, Ria Money Transfer stands out as the third-largest money transfer company worldwide. […]
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Central Bank of Bosnia and Herzegovina Central Bank of Bosnia and Herzegovina: Features, History, Mission, and More Introduction The Central Bank of Bosnia and Herzegovina (CBBH) is a pivotal institution in the country’s financial system. As the monetary authority, it plays a central role in maintaining currency stability, regulating the […]
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All BD Bank Swift Code A AB Bank PLC Swift Code: ABBLBDDH Website: www.abbank.com.bd Agrani Bank PLC Swift Code: AGBKBDDH Website : www.agranibank.org Al-Arafah Islami Bank PLC Swift Code: ALARBDDH Website : www.al-arafahbank.com B Bangladesh Commerce Bank PLC Swift Code: BCBLBDDH Website : www.bcblbd.com Bangladesh Development Bank […]
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International Bank for Reconstruction and Development (IBRD) – Overview Establishment Founded: 1944 Headquarters: Washington, D.C., USA Part of: The World Bank Group Membership: 189 countries (as of 2024) Mission The IBRD aims to: Reduce poverty Promote sustainable development Support economic reform and reconstruction Strengthen institutions and infrastructure in developing countries […]
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Multilateral Investment Guarantee Agency (MIGA) The Multilateral Investment Guarantee Agency (MIGA) is a part of the World Bank Group and is designed to promote foreign direct investment (FDI) in developing countries by providing political risk insurance and credit enhancement to private sector investors and lenders. MIGA’s main objective is to […]
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The World Bank The World Bank is a major international financial institution dedicated primarily to reducing poverty and promoting development in low- and middle-income countries. It comprises two main entities: IBRD (International Bank for Reconstruction and Development): Established in 1944 to help rebuild Europe post‑WWII. Today it lends to middle‑income […]
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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 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? 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 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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What is Foreign Remittance? Definition: Remittance represents the transfer of funds from one place to another through an official channel. Foreign Remittance: Foreign Remittance refers to the remittance of foreign currency that is received in and made out abroad. Foreign Remittance also includes the purchase and sale of freely convertible […]
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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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Prime Bank Internet Banking Internet banking is helpful for all users. Nowadays, all customers prefer internet banking. Considering customers’ requirements, Prime Bank offered real-time internet banking. Just click to do bank transactions wherever you are, anytime you want. It is safe and convenient to access your account 24/7. Prime Bank […]
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