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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Characteristics of foreign trade or International Trade in Bangladesh Every foreign market has its own characteristics. It has own requirements, customs, traditions, weights and measures, marketing methods, etc. An extensive study of foreign markets is required to be successful in foreign trade, which may not be possessed by an ordinary […]
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Discuss the problems or limitations of foreign trade Bangladesh Smooth foreign trade operation is essential for businesses to expand and flourish. It has a huge impact on a country’s economy. Unfortunately, Bangladesh lacks in several areas to make foreign trade easy for businesses to expand. This article gives you a […]
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What are the key differences between domestic and International Business? Key Differences between Domestic and International Business Definition of Domestic business and International business Domestic business is the kind of trade that is limited geographically within a country. A domestic business involves commercial exchanges that are only done within that country . A […]
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email Marketing is effective in Banking arena To know about email marketing, first you have to know the definition of Marketing. email Marketing is effective in Banking arena To know about email marketing, first you have to know the definition of Marketing Marketing is the process or technique or advertise […]
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What are the Importance of International Business for economy? What are the Importance of International Business for economy? The importance of international business: a) Earn foreign exchange: International business exports its goods and services all over the world. This helps to earn valuable foreign exchange. This foreign exchange is used […]
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What are the reasons against foreign Trade? The reasons against foreign Trade are given below: Following points explain the need and importance of foreign trade to a nation. Division of labour and specialisation Foreign trade leads to division of labour and specialisation at the world level. Some countries have abundant natural […]
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Definition of International Trade What is foreign Trade or International Trade? Answer: Foreign trade is nothing but trade between the different countries of the world. It is also called as International trade, External trade or Inter-Regional trade. It consists of imports, exports and entrepot. The inflow of goods in […]
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Central Bank of Afganistan Central Bank of Afganistan is Da Afganistan Bank (DAB).It was founded on 1939.Da Afganistan Bank headquarters in Kabul. Da Afganistan has 46 branches which are working all over the country. Five branches situated in Kabul. 100% ownership is state ownership. Name of the governor is Mr. […]
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Credit facilities to the exporters in Bangladesh What types of credit facilities are provided by the banks to the exporters in Bangladesh? Identify the steps a financial bank should take to address those risks: Export plays a dominant role in the economy of our country. In the export trade, the […]
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Difference between TT Selling Rate and B.C selling Rate TT (Selling) rates are used for remittance from one country to another by telegraphic transfer and payment involves no loss of interest profit. BC (selling) rate is applied against the import, which requires some extra work. Therefore the rate represents the […]
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Difference between Letters of Credit and Documentary Collection Letters of Credit in a Nutshell A letter of credit is an arrangement where an issuing bank (typically, the buyer’s or importer’s bank) unconditionally guarantees to pay the seller’s bank when the goods are delivered along with specific documents containing very […]
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How to open a savings account in ICICI Bank? Who can open ICICI Bank savings account? 1) Who is an Indian citizen 2) The applicant should be 18 years old or above. In case of minors as per bank rules 3) The applicant has to proof of address and valid identity […]
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