Cash Incentive of Export_ Procedure in Bangladesh

Cash Incentive of Export: Procedure in Bangladesh

Cash Incentive of Export: Procedure in Bangladesh EXPORT An export is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. Exports are a crucial component of a country’s economy, as the sale of such goods adds to the […]

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Scrutiny of Export documents

Scrutiny of Export documents

Scrutiny of Export documents Scrutiny of Export documents: On Completion of shipment, the exporter submits the export documents to the bank which he prepares/obtains from different sources for negotiation/purchase/discount. Before negotiation, the bankers must examine the documents with reasonable care. Article 14(a) of UCPDC: The issuing bank must examine a […]

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Export Financing: Problems and precaution measures

Export Financing: Problems and precaution measures Export Financing: Problems and precaution measures: Export finance is extended to the exporters in order to assist the exporters to make shipment of the goods as required by the foreign buyers. This facility is allowed against L/C or Buyers & sellers Contract. This finance is […]

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Export Credit Guarantee Schemes in Bangladesh

Export Credit Guarantee Schemes in Bangladesh Today, no country in the World is self-sufficient. So, every country has to import various goods and services from other countries to meet its requirements. But, much foreign exchange is required to pay the import bills. This has resulted in a cut-throat competition among […]

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back to back LC image

Back to Back Letter of Credit opening

Back to Back Letter of Credit opening BACK TO BACK L/C is a which is backed by Export L/C or Master L/C. 1. Ready-made garment industries and specialized Textile units have been allowed the facility of importing fabrics and other materials needed for the manufacture of garments/ specialized textiles, free […]

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How to export goods from Bangladesh to India

How to export goods from Bangladesh to India Export to India At first, we have to know what is export?  Exports are the excess or surplus goods and services sell to another country. It is produced locally and sold it to Internationally. Export process from Bangladesh to India What is the […]

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Step by Step Export Procedure

Step by Step Export Procedure Procedure of Export from Exporter side: To open an account with a Bank. To be collect ERC (Export Registration Certificate) from CCI & E. To collect TIN from Bangladesh Revenue Board. To collect Export L/C / Transferable Export L/C. To submit the Export L/C / […]

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Export Procedure

Export Procedure Exporter obtain Export Registration Certificate from Chief Controller of Import & Export >> Agreement for Export >> Obtain Export LC, Standby L/C or Contract >>  Export LC issued by issuing bank at the request of importer/buyer >>  The bank through which the L/C is send to the exporter is treated as advising bank >>  […]

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