Currency Converter- Exchange Rates-Exchange Rates For long time I am searching the plugins of the currncey converter plugins but I do not find. Today I have got the plugins in a website https://bankstudy4u.com. And I have to go through the right side of the page and I click the + and I went to another […]
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Incoterms 2020 buyers and sellers responsibility
Incoterms 2020 buyers and sellers responsibility Incoterms 2020 buyers and sellers responsibility Rules for Any Mode(s) of Transport The seven rules defined by Incoterms 2010 for any mode(s) of transportation are: EXW – Ex Works FCA – Free Carrier CPT – Carriage Paid To CIP – Carriage And Insurance Paid To […]
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Basics of Documentary Credit
Basics of Documentary Credit International Trade & its Practice Presented by: Md. Monjurul Haque, Joint Director, Bangladesh Bank. Agenda: International Business Transactions International Trade Finance Letter of Credit (LC) Related terms of LC Mechanics of Documentary Credit Regulatory Considerations International Business Transactions Key principal in all business transactions: – maximize sales & […]
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Documentary Credits and Their Variations
Documentary Credits and Their Variations Documentary Credits and Their Variations Documentary Credits Explained The independence principle: Central to documentary credit business is the independence of the bank’s undertaking to pay from the underlying contract between the buyer & seller. This means that the bank’s undertaking to pay the beneficiary is not […]
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What are the Articles of URR 725?
What are the Articles of URR 725? Page 1 of 17 The Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits (URR-725) (Effective date: 01 October 2008) Page 2 of 17 Changes made in URR 725 URR 725 should not be seen as a revision of URR 525. It is an updating process that […]
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Documentary credits and other methods of settlement
Documentary credits and other methods of settlement Learning objectives Documentary credits and other methods of settlement? This chapter provides an overview of what a documentary credit is, with a basic flow chart to describe the steps from the contract agreement until settlement for a documentary credit that is not confirmed by the advising […]
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The role of the ICC and the development of the UCP
The role of the ICC and the development of the UCP The role of the ICC and the development of the UCP 2.1 The role of the International Chamber of Commerce (ICC) The International Chamber of Commerce (ICC) is the world business organization- a representative, body that speaks with authority on behalf of enterprises from […]
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The history and use of documentary credits
The history and use of documentary credits Learning objectives: What is the history and use of documentary credits? This chapter includes a brief history of the documentary credit, insight into currently available statistics (2013 data) and the types of transaction for which a documentary credit is often chosen as the […]
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What is Islamic Bond Sukuk?
What is Islamic Bond Sukuk? What is Islamic Bond Sukuk? SUKUK (Islamic Bond) may be the alternative channeling of funds for industrialization of Bangladesh Contributor: Dr. Mohammed Shahid Ullah There is a growing demand for shariah compliant instruments in the Islamic countries as well as the rest of the world as […]
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Payza Facilities bank lists in Bangladesh
Payza Facilities bank lists in Bangladesh Payza Facilities bank lists in Bangladesh The following banks in Bangladesh facilitate the PAYZA: AB Bank Limited Agrani Bank Limited Al-arafah Islami Bank Limited Bangladesh Bank Bangladesh Commerce Bank Limited Bangladesh Development Bank Limited Bangladesh Krishi Bank Bangladesh Samabaya Bank Limited Bank Al-falah Limited […]
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Main Document Used in Transport in Import and Export
Main Document Used in Transport in Import and Export Main Document Used in Transport in Import and Export are given below: Bill of Lading Consignment note / Delivery note Airway bill/Air consignment note Packing list and Weight note Goods received note/Cargo receipt Transport documents Transport document serves as an evidence […]
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Security-Concept & Types-Characteristics of good Security
Security-Concept & Types-Characteristics of good Security One of the most important functions of a bank is to employ its fund by way of Investments/loans and advances to its customers and a bank’s strength depends considerably on the quality of its Investments/loans and advances. Though the banks are now expected to […]
Read moreIntegration of Human Resource in Strategic Decision
Integration of Human Resource in Strategic Decision Introduction to Integration of Human Resource in Strategic Decision Integrating Human Resource Strategy with Corporate and Functional Strategies GM’s corporate strategy of retrenchment and revitalization that we examined in the case at the beginning of this chapter will drive human resource, marketing, operations (production), […]
Read moreCheque Types-Crossing of cheque and Endorsement
Cheque Types-Crossing of cheque and Endorsement Cheques may be of two types: Open or uncrossed cheques & Crossed Cheque 1. An open cheque is payable at the counter of the drawee bank on the presentation of cheque. Such cheque runs great risk in the course of circulation because once a […]
Read moreModes Of Investment Under Islamic Banking
Modes Of Investment Under Islamic Banking Investment Instrument of an Islami Bank: Islami Bank invests its money in various sector of the economy through different modes permitted by shariah and approved by Bangladesh Bank. The modes of investment are as follows: 1. Mudaraba. 2. Musharaka 3. Murabaha [ Commercial, Post […]
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