Bangladesh Financial Intelligence Unit
Banker Makhluk January 30, 2026
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Bangladesh Financial Intelligence Unit

Bangladesh Financial Intelligence Unit Bangladesh Financial Intelligence Unit (BFIU) is the central authority responsible for combating money laundering (ML), terrorist financing (TF), and the financing of proliferation (PF) of weapons of mass destruction (WMD). It analyzes Suspicious Transaction/Activity Reports (STRs/SARs), Cash Transaction Reports (CTRs), and other relevant information received from reporting organizations (ROs) and various […]

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Sammilito Islami Bank PLC
Banker Makhluk January 1, 2026
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Sammilito Islami Bank PLC

Sammilito Islami Bank PLC Sammilito Islami Bank PLC has officially started its operations after merging five Islamic banks into one new bank. These banks are First Security Islami Bank, Global Islami Bank, Social Islami Bank, Exim Bank, and Union Bank. Former secretary Mohammad Ayub Miah has become the chairman of the new bank. He said […]

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Import Business of Islamic Bank
Banker Makhluk December 22, 2025
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Import Business of Islamic Bank

Import Business of Islamic Bank Import Business : All Islamic bank of Bangladesh runs their import business is mainly divided into the following three categories: i) Import of Commercial goods. ii) Import of raw materials for production purpose. iii) Import of capital / machineries. The importers avail of investment facilities against all kinds of imports. […]

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Advantages Of Mobile Banking
Banker Makhluk December 22, 2025
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Advantages Of Mobile Banking

Advantages Of Mobile Banking Mobile banking Mobile banking is a system for the customer to act upon banking procedures on his or her cell phone or other mobile appliance. It is a popular technique of banking that fits in well with a busy, technologically oriented lifestyle. It might also be referred to as M-banking or […]

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Basic Principles of Bank Business
Banker Makhluk December 16, 2025
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Basic Principles of Bank Business

Basic Principles of Bank Business Bank runs its business by taking the money of others so it is a risky business organization. Avoiding all risk to establish strong, dependable and skilled banking business otherwise, the economic developments will be hampered of the country. To set up a strong and dependable banking business it should have […]

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Swift code of Sonali Bank PLC
Banker Makhluk December 2, 2025
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Swift code of Sonali Bank PLC

Swift code of Sonali Bank PLC Sonali Bank PLC has various branches, and many of the larger or specialized branches may have their own unique, 11-character SWIFT codes (e.g., BSONBDDHWEB, BSONBDDHCNT, BSONBDDHFEB). BSONBDDH (or BSONBDDHXXX) is the Head Office code and is generally the safe choice if you are unsure of the specific branch code. […]

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Foreign Remittance
Banker Makhluk November 30, 2025
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Foreign Remittance

Foreign Remittance Definition: Remittance represents transfer of fund from one place to another through official channel. Foreign Remittance: Foreign Remittance refers remittance of Foreign currency that are received in and made out abroad. Foreign Remittance also includes purchase and sale of freely convertible foreign bills and currencies.  Types: Foreign Inward Remittance Foreign Outward Remittance Foreign […]

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Features of Money Laundering
Banker Makhluk November 26, 2025
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Features of Money Laundering

Features of Money Laundering Money laundering means billions of pounds and dollars a year are laundered through our financial systems. The methods used to launder money are similar whether it’s for white-collar crimes such as tax evasion, people/drug trafficking, or proceeds from fraud and internet scams. Anti Money Laundering Anti-Money Laundering (AML) & Combating the […]

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Know your customer
Banker Makhluk November 25, 2025
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Know your customer

Know your customer KYC Policy: 1) Customer Acceptance 2) Customer Identification 3) Monitoring of Transactions 4) Risk Management   Definition of a Customer: (i) A person or entity (a)   Maintaining an account with the Bank, or (b) Has a business relationship with the Bank (including borrowers/guarantors of loans, Demat account holders, locker holders etc.) (ii) […]

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Insurance for covering risk
Banker Makhluk November 12, 2025
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Insurance for covering risk

Insurance for covering risk What are the requisites of insurance for covering risk Requisites of insurance may be summarized as follows: 1) Insurance must be effected by means of a legal contract and must meet the general requirements of contract as follows: a) It must be made by parties with legal capacity of contract. b) […]

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What is Bill of Exchange
Banker Makhluk November 11, 2025
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What is Bill of Exchange

What is Bill of Exchange A bill of exchange is an order made by the shipper or an exporter who is called a drawer of bill to the buyer or importer who is called a drawee of the bill, asking him to make the payment of the amount specified in the Bill of exchange against […]

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Holder in Due Course and Payment in Due Course
Banker Makhluk November 6, 2025
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Holder in Due Course and Payment in Due Course

Holder in Due Course and Payment in Due Course Holder in Due Course : According to Section 9 “holder in due course means any person who, for consideration, became the possessor of a promissory note, bill of exchange or cheque, if payable to bearer, or the payee or endorsee there of if payable to order, […]

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What is UCPDC 600
Banker Makhluk October 25, 2025
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What is UCPDC 600

 What is UCPDC 600 UCPDC 600 is the latest version of the rules that govern letters of credit transactions worldwide.  UCPDC 600 is prepared by International Chamber of Commerce’s (ICC) Commission on Banking Technique and Practice. Its full name is 2007 Revision of Uniform Customs and Practice for Documentary Credits, UCP 600, and (ICC Publication […]

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