Import and export finance under Islamic mode Foreign Exchange deals with Foreign Trade & Foreign Remittance. Foreign Trade as well as Import & Export. Foreign Remittance as well as Inward Remittance & Outward Remittance. Foreign currency instruments such as Foreign draft, Traveler’s Cheque, Bill of Exchange, MT, TT and P.O. […]
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Sukuk (Islamic Bond) May Be The Alternative Channeling Of Funds For Industrialization Of Bangladesh Dr. Mohammed Shahid Ullah* There is growing demand for shariah compliant instruments in the Islamic countries as well as the rest of the world as an alternative to conventional instruments. In the conventional financial system, the […]
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Bank of Bangladesh Locker facility and procedures thereof Bank of Bangladesh Locker facility : With a view to expanding services to the clients, for safekeeping of jewelry, valuables, documents etc. Lockers may be installed to the Branches: The operation of lockers may be made as per following guidelines: Following the […]
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TIME SAVING TIPS & TECHNIQUES FOR BANKER TO WORK USING MS WORD AND MS EXCEL You’ve created tons of documents. But perhaps you need some timesaving techniques to help you work faster. In the spirit of working more efficiently and avoiding tedious, stressful manual work this master class is packed […]
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Alternative Delivery Channels in banking What are delivery channels in banking? Delivery channels include branches; field officers; automated teller machines (ATMs); payment terminals; point-of-sale devices; mobile branches; mobile phones; and internet banking (e-banking) Alternative Delivery Channels in Banking Sector: Alternative Delivery Channel (ADC) means that channels which act as intermediaries […]
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The procedure of account opening of local bodies The procedure of account opening of Local Bodies/Authorities, Club, Association, Society & School/College Accounts of local Bodies/Authorities: A banker has to exercise care/caution in its dealing with accounts of local Bodies/Authorities, like the account of any Govt. or Semi-Govt. Organization (Autonomous Bodies […]
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Permanent Timetable of Salat for Islamic Banker Date Subhe Sadik Sun Rise Johr Start Asr Start Magrib Start Esha Start 1 Jan 5-14 6-41 12-04 3-49 5-30 6-46 10 Jan 5-16 6-43 12-08 3-52 5-33 6-49 20 Jan 5-18 6-44 12-12 3-03 5-43 6-58 1 Feb 5-17 6-41 12-15 4-11 […]
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Theories of International trade International trade theories are simply different theories to explain international trade. Trade is the concept of exchanging goods and services between two people or entities. International trade is then the concept of this exchange between people or entities in two different countries. People or entities trade […]
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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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5 C,s of selecting Good Borrower Selection of Good Investment Client: Investment is a very important function in a commercial bank but the riskiest task. Generally, it is difficult to recover the principal amount with profit from investment client if there is no proper selection & evaluation. If a bank […]
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List of required papers for proposal appraisal Required papers/documents for appraising investments Proposal List of common papers required for appraisal of Investment proposal 1) Application of the client for investment facility 2) Photography of the client i.e. owner/partners/directors duly attested by the Branch incumbent 3) Photocopy of both sides of […]
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Common Irregularities in General Banking Common Irregularities in General Banking department of a Bank Common Irregularities in GB Cash department • Vault Limit exceeded. • Time of movement of cash to and from the vault is not being mentioned /recorded in the vault register. • Entry for inward and outward […]
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Step by step Export Procedure How to Export Steps to Export from Exporter side: 1) To open an account with a Bank. 2) To be collect ERC (Export Registration Certificate) from CCI & E. 3) To collect TIN from Bangladesh Revenue Board. 4) To collect Export L/C / Transferable Export […]
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How to open a Partnership Account? 1. Account opening form of a bank to be filled in and signed by the account holder 2. Introduction by an account holder with signature and account number or any person which is acceptable to the bank 3. Two copies of recent passport size […]
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ISBP-International Standard Banking Practice The ISBP is a checklist of best practices worldwide for checking documents under the UCP, ICC’s universally used rules on letters of credit. Because the UCP rules are general in nature, it was necessary to define in greater detail the term “international standard banking practice”, first […]
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