How Does Reporting On Online Import Monitoring System Importers are registered under Importers Exporters and Indentors (Registration) Order, 1981 Imports are controlled by CCI&E under Imports and Exports (Control) Act, 1950 LCAF: LCAF is mandatory for all imports irrespective of the sources of payment. LC must be opened within 180 […]
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What precautions should be taken by a banker before advancing the loan or Investment
What precautions should be taken by a banker before advancing the loan or Investment What precautions should be taken by a banker before advancing the loan or Investment Who is a banker? Banker is a person who mange the bank by his knowledge, skills { a) Educational Qualities, b) Technical […]
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What is the function of commercial Banks or Modern banks
What is the function of commercial Banks or Modern banks What is the function of commercial Banks or Modern banks: In the modern world, banks perform such a variety of functions that it is not possible to make an all-inclusive list of their functions and services. However, some basic functions […]
Read moreSummary on Export from Bangladesh
Summary on Export from Bangladesh Introduction 1.1 The word export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an “exporter” who is based in the country of […]
Read moreWhen and why a country prefer exports?
When and why a country prefer exports? A country exports prefer when the goods, services and skills are surplus than the demands of that country.we can say, a country has been able to produce more goods and services than can be consumed at home. This prompted a search for foreign […]
Read moreForeign Exchange Regulation Act 1947
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 empowered to regulate foreign exchange transactions and to enforce the provisions of Foreign Exchange Regulation Act and to deal with […]
Read moreURR 725 and issuance of Reimbursement Authorisation, URC 522: Collection of Bills (Clean & Documentary)
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 become effective October 1, 2008 Background to URR: The Uniform Rules for Bank-to-Bank Reimbursements (“URR”) were first published by ICC […]
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