Scrutiny of Import documents Scrutiny of Import documents Following points should be carefully checked in respect of the relevant documents: (a) Forwarding schedule of the negotiating bank whether there is any discrepancy mentioned in it whether there is any special instruction that cannot be complied with whether there is any […]
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How to manage strong Room of a bank? Handling of Keys is one of the most critical activity at the branch. Robust control on keys directly reflects the discipline that a branch exudes. Keys can generally be classified into Critical and Non-critical. Critical keys are generally the keys for Cash […]
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Islamic Banking in all over India Islamic banking is a banking which follows the principles of islamic laws (Shariah) which prohibits interest based banking‘ and permits only profit sharing based banking‘. The concept is based on a verse of the Holy Quran that says “Allah has allowed only legitimate trade […]
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Top 10 Banks list in Bangladesh BEST 10 BANKS LIST IN BANGLADESH 1. ISLAMI BANK BANGLADESH LTD (IBBL) 2. DUTCH-BANGLA BANK LTD 3. EASTERN BANK LIMITED (EBBL) 4. BRAC BANK LIMITED 5. SONALI BANK LIMITED 6. JANATA BANK LIMITED 7. PRIME BANK LIMITED 8. BANK ASIA LIMITED 9. THE […]
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Economic Planning in Islam Meaning of Economic Planning in Islam: Economic planning in Islam seems to provide a realizable synthesis of planning by inducement and planning by direction. Various Injunctions of Holy and Sunnah have confirmed this, although no evidence has been found to indicate any systematic treatment of the subject, […]
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What types of credit facilities are provided by the banks to the exporters in Bangladesh? Credit facilities are provided by the banks to the exporters Export plays a dominant role in the economy of our country. In the export trade, the exporter needs the finance at different stages right from […]
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Process of import goods in Bangladesh Step 1 – Registration with CCI & E: For engaging in international trade, even traders must be first registered with the Chief Controller of Import and Export (CCI & E). By paying specified registration fees to the CCI & E- the trader will get […]
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Asian Clearing Union (ACU) At A Glance Asian Clearing Union (ACU) At A Glance: Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis. The main objectives of the clearing union are to facilitate […]
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Discuss the factors influencing Foreign Direct Investment in a country like Bangladesh Factors influencing Foreign Direct Investment in a Country: Foreign Direct Investors look into various factors before making investment decision in a country. After 1990, in India, the government adopted a New Economic Policy which promoted the policy of […]
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Islamic Banking Deposit Products Islamic Banking Deposit Products: Islamic banks receive deposits under two principles: i) Al-Wadeeah principle. ii) Mudaraba principle. Al-Wadeeah: The fund which is deposited with Banks by the depositors with clear permission to utilize/invest the same is called Al-Wadeeah. Islamic banks receive deposits in Current Accounts on […]
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Overview of International Trade and Foreign Exchange Overview of International Trade and Foreign Exchange. Definition of International Trade/Foreign Trade: “Trade is essential an international transformation of commodities, inputs, and technology which promotes welfare in two ways. It extends the market of a country’s output beyond national frontiers and may ensure better […]
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Credit facilities are provided by the banks to the exporters in Bangladesh Export plays a dominant role in the economy of our country. In the export trade, the exporter needs the finance at different stages right from the stage he gets an export order to supply the goods from an […]
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Discuss the process of import goods in Bangladesh Import Procedure: Step 1 – Registration with CCI & E: For engaging in international trade, even trader must be first registered with the Chief Controller of Import and Export (CCI & E). By paying specified registration fees to the CCI & E- […]
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Common Import and Export Documents are used In International Trade There are many documents involved in international trade, such as commercial documents, financial documents, transport documents, insurance documents and other international trade related documents. In processing the export consignment, documentation may be executed in up to four contracts: the export […]
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Discuss documents used in Foreign Trade of Bangladesh Documentation Requirements Trade License IRC (Import Registration Certificate) ERC(Export Registration Certificate) VAT Registration certificate TIN Bonded Warehouse License Member Certificate issued by BGMEA/BKMEA Approval of Textile Office Registration of Export Promotion Bureau Fire License Memorandum of Articles of Association and Certificate of […]
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