All Bank Branch Location of BD All BD Bank Branch Location Step: One Please click the link of the bank which branch location you want. Step-Two Go to home page of the Bank. Step-Three Find Branch location and click there.Remember this, some time branch location not found then click contucts […]
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Sample of SWIFT Letter of Credit
Sample of SWIFT Letter of Credit sender : SOCIAL ISLAMI BANK LIMITED (PRINCIPAL BRANCH, DHAKA) BANGLADESH . receiver : ICICI BANK LIMITED (GLOBAL TRADE SERVICES UNIT-MUMBAI) IN . 27: Sequence of Total 1/1 40A: Form of Documentary Credit IRREVOCABLE 20: Documentary Credit Number 120209020060 31C: Date of Issue 090915 […]
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All BD Banks Head Office
All BD Banks Head Office All BD Banks Head Office Private Bank In Bangladesh 1.AB Bank Limited Contact: AB Bank Limited, BCIC Bhaban, 30-31 Dilkusha C/A, Dhaka 1000 Phone: +880-2-9560312 Fax: +880-2-9555098 Email: info@abbl.com 2.Bangladesh Commerce Bank Ltd. Contact: Bangladesh Commerce Bank Ltd. Eunoos Trade Centre (Level-22) 52-53 Dilkusha C/A […]
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DPS Of All BD Bank DPS(Deposit Pension Scheme) EBL DPS Features Insurance Features The monthly installments have built in life insurance coverage which assures the maturity value of the deposit in case of depositor’s death due to any cause (excluding pre-existing illness/disability, […]
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SWIFT Code of all BD Bank To search all swift code of Bangladeshi bank please visit below: All BD Bank Swift Code A AB Bank Limited Swift Code: ABBLBDDH Website: www.abbank.com.bd Agrani Bank Limited Swift Code: AGBKBDDH Website : www.agranibank.org Al-Arafah Islami Bank Limited Swift Code: ALARBDDH Website […]
Read moreSIBL Credit Card
SIBL Credit Card At present credit card is very extensively used mode of financial transaction and it is widely known as “ Plastic Money”. It has created an immense impact in the life of the people all over the world.The same trend is being followed in Bangladesh too.Now a […]
Read moreBank Draft
Bank Draft Introduction : Banks remit funds from one place to another through the network of their branches. The main instrument for remittance of funds are bank drafts, mail transfer, telegraphic transfer and traveller’s cheques. Here, we will focus are attention on features and operational aspects of bank draft. Definition […]
Read moreClearing
Clearing Clearing is the process of collection of proceeds of instruments of different banks by a collecting bank through some systematic procedures with the involvement of Central Bank. Types of instruments: Cheques (CD, SB, Loan) Demand Draft Payment Order Others Related Terms: Crossing Clearing Stamp Endorsement Clearing […]
Read morebKash
bKash bKash is a subsidiary of BRAC Bank Limited. It started their journey as a joint venture company between BRAC Bank Limited, Bangladesh as well as Money in Motion LLC of USA, and in April 2013 International Finance Corporation (IFC). It is a member of the World Bank Group, bKash […]
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SWIFT at a glance
SWIFT at a glance SWIFT HISTORY > Increase in International trade and commerce after World War-II > Efficient Banking System for payment mechanism with Security, Reliability and Confidentiality was needed. > Computer and Telecommunication technology came to rescue > Co-operative organization SWIFT was born SWIFT is the industry-owned co-operative […]
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Prime Bank Internet Banking
Prime Bank Internet Banking Internet banking is helpful for all users. Nowadays all customers are 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. […]
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Step of Letter of Credit Opening
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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Discrepancies of Letter of Credit
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?
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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What is Foreign Remittance?
What is 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: […]
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