back to back LC image

Back to Back Letter of Credit opening

Back to Back Letter of Credit opening BACK TO BACK Letter of Credit is a credit ,which is backed by Export L/C or Master L/C. 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 […]

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www.bankingallinfo.com_Export Procedure

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 […]

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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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Step-by-Step-Export-Procedure

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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EXP FORM

EXP FORM EXP Forms issued in quadruplicate & numbered serially. Signed by the exporter & certified by the branch. EXP Forms are properly entered in register with full particulars before issuance of the same. The certified sets are to be submitted to the custom authority along with shipping documents by […]

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How to use the Export Development Fund

 How to use the Export Development Fund  The Export Development Fund is expected to contribute to a sustained export drive and long-term development of Bangladesh Exports by assuring a continued availability of Foreign Exchange to meet the import requirements of particularly new exporters, exporters diversifying into higher value exports & […]

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