CDCS Exam 2020 Probable Question and Answers Chapter 1 The history and use of documentary credits One of the first forms of letter of credit introduced was known as which one of the following? A businessman’s letter of credit An exporter’s letter of credit A traveler’s letter of credit D.A […]
Read more
eUCP Chapter-23 Learning objectives: This chapter includes a brief history and outline of eUCP. By the end of this chapter, you should be able to: ◆◆ describe the features of eUCP; and ◆◆ understand the contrast between the rules in UCP 600 and those under eUCP. 23.1 eUCP The ICC […]
Read more
Bank to bank reimbursements and reimbursement from aid agencies 22.1 The relationship between an issuing bank and a reimbursing bank Although only one bank (an issuing bank) is necessary to facilitate reimbursement under a documentary credit, in many cases an issuing bank will nominate another bank to reimburse a nominated bank that […]
Read more
CDCS study materials-Standby letters of credit Chapter-21 Learning objectives This chapter provides an overview of standby letters of credit and the content of ISP98. By the end of this chapter, you should be able to: ◆◆ describe the origins and use of a standby letter of credit; and ◆◆ understand the […]
Read more
CDCS study materials-The features of documentary credits Chapter-20 20.1 Introduction CDCS study materials-The features of documentary credits Some features and conditions are fundamental to all documentary credits; others, by means of the insertion of clauses or a recognised form of wording, provide a speciality function. A number of these characteristics are provided for […]
Read more
How to assessing financial needs? This chapter deals with the need to examine one’s business carefully before deciding to apply for short-term credit. It looks at the basic financial structure of an enterprise and provides guidelines on equity and loan capital and their role in financing assets. It explains the notion of working […]
Read more
12 articles of eUCP (Supplement to UCP 600) eUCP V1.1 Supplement to UCP 600 Article e1: Scope of the eUCP Article e2 : Relationship of the eUCP to the UCP Article e3 : Definitions Article e4 : Format Article e5 : Presentation Article e6 : Examination Article e7 : Notice of Refusal Article e8 : Originals and […]
Read more
All bank Forms Downloads links of Bangladesh By visiting the apps you will get the various forms of account opening, Savings Account Opening Form, Current Account Opening Form, Cheque Book Requisition Form, ATM Debit Card Requisition Form, Foreign Currency Account Opening Form, FATCA Declaration form, Investment Application Form for SME […]
Read more
The features of documentary credits The features of documentary credits: Some features and conditions are fundamental to all documentary credits; others, by means of the insertion of clauses or a recognised form of wording, provide a speciality function. A number of these characteristics are provided for within UCP 600 and ISP98, but others […]
Read more
CDCS study materials-Transferable credits, back-to-back credits and assignment of proceeds Chapter-19 19.1 Transferable documentary credits Transferable documentary credits are one of the more common types of documentary credit. There are a number of similarities with (and differences to) back-to-back documentary credits, which are reviewed in section 19.2. In its simplest […]
Read more
Islamic Financial Institutions: International and National 1. Islamic Development Bank (IDB) a. Establishment The idea of establishing an international financial institution for Muslim counties was discussed in the late 1960s by the Organization of Islamic Conference (QIC) Working papers were circulated and proposals made, but no concerted action was taken until the first […]
Read more
Banking News Headlines on 21.01.2019 Banking News Headlines at a Glance ব্যাংক খাতের ৯৭% প্রতিষ্ঠানের দাম বেড়েছে -https://samakal.com ক্রিসেন্ট গ্রুপের জালিয়াতি, মামলা হচ্ছে ১৭ জনের বিরুদ্ধে- https://www.prothomalo.com ভেঞ্চার ক্যাপিটাল জোগানের উপায় কী?– https://www.prothomalo.com ব্যাংকিং খাতে দক্ষতা বৃদ্ধি : উৎপাদনশীলতা উন্নয়ন কৌশল প্রয়োগের পরামর্শ–http://bonikbarta.net বিআইবিএমে নেপালি ব্যাংকারদের নিয়ে আন্তর্জাতিক প্রশিক্ষণ কোর্স-http://bonikbarta.net […]
Read more
The role of the nominated bank Learning objectives This chapter describes the role and responsibilities of a nominated bank. By the end of this chapter, you should be able to: ◆◆ describe the concept of a bank ‘acting on its nomination’; and ◆◆ understand what it means to be a […]
Read more
Document characteristics and preparing documents-www.bankingallinfo.com Document characteristics and preparing documents-www.bankingallinfo.com 12.1 Introduction As discussed in Chapter 7, an issuing bank of a documentary credit gives an undertaking that it will honour a complying presentation made under it.A presentation will be made by, or on behalf of, the beneficiary. An issuing bank […]
Read more
Advising amendments to a beneficiary – www.bankingallinfo.com Advising amendments to a beneficiary – www.bankingallinfo.com Learning objectives This chapter describes the process of advising an amendment to a beneficiary, with or without confirmation, and the manner in which the beneficiary notifies acceptance or rejection of an amendment. By the end of […]
Read more