UCPDC 600 ARTICLE 18-19 ARTICLE 18: Commercial Invoice a. A commercial invoice: i. must appear to have been issued by the beneficiary (except as provided in article 38) ii. must be made out in the name of the applicant (except as provided in article 38 ( g ) ); iii. […]
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UCPDC 600 Bangla
UCPDC 600 Bangla 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) … Short Question UCPDC 600 Short Question UCPDC 600 Question:01 What is […]
Read moreUCPDC 600 ARTICLE 15-17
UCPDC 600 ARTICLE 15-17 ARTICLE 15:Complying Presentation a. When an issuing bank determines that a presentation is complying, it must honour. b. When a confirming bank determines that a presentation is complying, it must honour or negotiate and forward the documents to the issuing bank. c. When a nominated bank […]
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UCPDC 600 ARTICLE 12-14
UCPDC 600 ARTICLE 12-14 ARTICLE 12:Nomination a. Unless a nominated bank is the confirming bank, an authorization to honour or negotiate does not impose any obligation on that nominated bank to honour or negotiate, except when expressly agreed to by that nominated bank and so communicated to the beneficiary. b. By […]
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UCPDC ARTICLE 10-11
UCPDC ARTICLE 10-11 ARTICLE 10: Amendments a. Except as otherwise provided by article 38, a credit can neither be amended nor cancelled without the agreement of the issuing bank, the confirming bank, if any, and the beneficiary. b. An issuing bank is irrevocably bound by an amendment as of the […]
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UCPDC ARTICLE 1 UCPDC ARTICLE 1 Application of UCP The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication No. 600 (“UCP”) are rules that apply to any documentary credit (“credit”) (including to the extent to which they may be applicable, any standby letter of credit) when the […]
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Definition of Negotiable Instrument
Definition of Negotiable Instrument The Negotiable Instrument Act does not define a negotiable instrument and merely states that a negotiable instrument means a promissory note, bill of exchange or cheque payable either to order or bearer. This does not indicate the characteristics of a negotiable instrument but only states that […]
Read moreBANKING PPT LECTURE
Banking ppt Lecture To get the lecture click on the image: Roots of Islamic Banking: By Md. Farid Uddin Ahmed,Former MD and CEO, Exim Bank Ltd. Difference between Riba, Bai, Profit and Rent : By Md. Farid Uddin Ahmed,Former MD and CEO, Exim Bank Ltd. To get the lecture click on […]
Read moreLand Ports list of Bangladesh
Land Ports list of Bangladesh Benapole Land Port Burimari Land Port Akhaura Land Port Sonamosjid Land Port Hili Land Port Banglabandha Land Port Teknaf Land Port Bibirbazar Land Port Birol Land Port Bhomra Land Port Nakugaon Land Port Tamabil Land Port Darshana Land Port Belonia Land Port Gobrakura and Koroitali […]
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CITY BANK INFO
City Bank info City Bank info Phone: +880-2-8813483, 8814375, 8813126 Fax: +88-02-9884446 Email: info@thecitybank.com.bd Info Loans DPS Cards Accounts Services Head Office City Bank Center, 136, Gulshan Avenue, Gulshan-2, Dhaka-1212, Bangladesh Known As City Bank SWIFT Code CIBLBDDH Stock Code CITYBANK Category Commercial Type Private Description City Bank is one […]
Read moreTypes of Bank of India Credit Cards
Types of Bank of India Credit Cards Bank of India Bank of India is a financial services provider commercial bank founded in the 1906 on September 7th. It has its head-quarters in Mumbai, Maharashtra, India. It is a type of a public company providing retail as well as commercial banking […]
Read moreInformation of Allahabad Bank
Information of Allahabad Bank: Established on: April 24, 1865 Head Quarter: Kolkata, India Number of Branch: 3,248 branches (Sep-2017) Key Person: CEO, Usha Ananthasubramanian (May 6, 2017–), Usha Ananthasubramanian (May 6, 2017–Aug 13, 2018) Services: Finance and insurance, Consumer banking, Corporate banking Number of Employee: 23,771 (March 2016 Website: […]
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Why how and when importer import goods from other countries
Why how and when importer import goods from other countries At first we have to know what is import, Who is importer, what risks associated with import, What is import? Import is the buying of goods or products made in other countries for domestic use or resale’s own country […]
Read moreMS Outlook Shortcut Keys
MS Outlook Shortcut Keys Ctrl + A – Select all Items Ctrl + B – Bold Highlighted Section Ctrl + C – Copy Selected Text Alt + S – Send the e-mail Ctrl + X – Cut Ctrl + P – Print Ctrl + G – Go to Date Ctrl […]
Read moreWhat is the Rule in Clayton’s case?
What is the Rule in Clayton’s case? Right of Appropriation: (Clayton’s Rule) This is the right of a banker to appropriate the money paid by the customer to any one of the loans including a time- barred debt. But, however, once the customer gives specific directions regarding appropriation, the banker has no right […]
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