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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