SWIFT at a glance SWIFT HISTORY > Increase in International trade and commerce after World War-II > Efficient Banking System for payment mechanisms with Security, Reliability and Confidentiality was needed. > Computer and Telecommunication technology came to the rescue > Co-operative organization SWIFT was born SWIFT is the industry-owned co-operative […]
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Pre-Shipment Inspection (PSI) Legal Framework: Pre-shipment Inspection Rules – 2002 (SRO No. – 255-AIN/2002/1973/Shulka, Dated 19-09-2002 which replaces Pre-Shipment Inspection Order – 1999, Dated 19-10-1999) Amendment of Pre-shipment Inspection Rules–2002 (SRO No. 38-AIN/2008/2188/Shulka, Dated 05-06-2008) Circular regarding exemption from mandatory pre-shipment inspection (SRO No. 193-AIN/2010/2311/Shulka, Dated 10.06.2010) Customs Act-1969 Import […]
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XpressMoney XpressMoney is a global money transfer branded company in—. It provides money transfer service Over the last 13 years which is convenient, affordable, accessible and secure form. At present XpressMoney is an international money transfer provider company. They serve more than 55,000 customers everyday all over the world. Their […]
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ICC: Introduction-Purpose-Historical Background-Core Pillars International Chamber of Commerce (ICC): Unlocking Global Trade and Integrity in Business Introduction to the International Chamber of Commerce (ICC) In the bustling realm of international trade, the International Chamber of Commerce (ICC) stands as a linchpin for commerce, arbitration, and global business ethics. Founded with […]
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Central Bank of Bolivia: Features, History, Functions, and More The Central Bank of Bolivia (Banco Central de Bolivia, BCB) plays a pivotal role in the country’s economic and financial stability. As the official authority in the regulation of Bolivia’s monetary policy, the BCB has a rich history, a clear mission, […]
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What is voice banking? Voice banking refers to the process of digitally preserving someone’s voice for future use. It involves recording a person’s voice, typically through various phrases and sentences, which are then converted into a digital format. This digital voice can be stored and later utilized to create synthetic […]
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NFC Deposit Account NFC Deposit account means Non-Resident Foreign Currency Deposit A/C NFC Deposit A/C A/C At a glance Authorized dealers may open F.C A/C in the name of the followings persons without prior approval from Bangladesh Bank. All Bangladeshi Nationals/persons, including those having dual nationals / ordinarily residing abroad […]
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International Chamber of Commerce (ICC) Established: In 1919 International Chamber of Commerce (ICC) Outline: Introduction to the International Chamber of Commerce (ICC) History and background of the ICC Structure and organization of the ICC Objectives and goals of the ICC Services and activities provided by the ICC Arbitration and […]
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20 Future Banking Ideas 2050 20 Future Banking Ideas for 2050 1. AI-Powered Autonomous Banks Banks run primarily by artificial intelligence with minimal human interaction—handling loans, customer service, fraud detection, and investments in real-time. 2. Biometric-Only Banking Full elimination of passwords and cards. All transactions authorized through biometrics: retina scans, […]
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International Monetary Fund (IMF) The (IMF) International Monetary Fund was originally created as part of the Bretton Woods system exchange agreement in 1944. The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary co-operation, secure financial stability, facilitate international trade, promote high employment and […]
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What are the objectives of the Bank? Objectives of a Bank Accepting DepositsThe primary objective of a bank is to accept deposits from the public safely. These deposits can be in the form of savings, current accounts, or fixed deposits. Providing Loans and AdvancesBanks aim to provide loans and advances […]
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How Banks Are Changing with AI? How Banks Are Changing with AI? Introduction Have you ever chatted with a bank rep at 2 AM and wondered, “Is this a robot?” Spoiler alert: It probably is. That’s the power of Artificial Intelligence (AI), and it’s shaking up the banking world faster […]
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The Future of Banking with AI 1. Introduction Artificial Intelligence (AI) is rapidly transforming the global banking industry. From customer service to fraud detection, and from risk assessment to personalized experiences, AI technologies are revolutionizing how banks operate. This article explores the future of banking through the lens of AI […]
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Remitly: A Hassle-Free Way to Send Money Online Sending money to family and friends in other countries has become increasingly important in today’s globalized world. However, traditional money transfer methods can be expensive and time-consuming. That’s where Remitly comes in. Remitly is a digital money transfer service that offers a […]
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Commercial Invoice Feature of Commercial Invoice : In international trade, a commercial invoice is an essential document that facilitates the smooth flow of goods and ensures compliance with customs regulations. A commercial invoice serves as a record of the transaction between the buyer and the seller, providing important details about […]
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