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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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 (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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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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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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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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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? 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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NFC Deposit Account NFC Deposit account means Non-Resident Foreign Currency Deposit A/C NFC Deposit A/C A/C At a glance Authorized dealers may open F.C A/C in the name of the followings persons without prior approval from Bangladesh Bank. All Bangladeshi Nationals/persons, including those having dual nationals / ordinarily residing abroad […]
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