Internal Control and Compliance (ICC) Internal Control and Compliance (ICC) 01. Definition: As per Guidelines on Internal Control & Compliance issued by Bangladesh
Difference between Current account and Savings account Difference between Current account and Savings account The main sources of funds for banks are deposits
Letter of Guarantee and Indemnity Bid Bond and Performance Advance Payment Guarantee, Foreign Guarantee etc. Letter of Guarantee and Indemnity Bid Bond Definition:
Bank’s lending criteria for short term credit Bank’s lending criteria for short term credit: There are no standard criteria for short-term credit. Banks
Commercial invoice requirements for export or Import Commercial invoice: A commercial invoice is a document records a transaction between the seller and the
Whom to approach for short-term finance by bank You have several alternatives for locating funds for your business, especially to meet the requirements of
Export financing: Pre-shipment and Post-shipment Export financing: Pre-shipment and Post-shipment Pre-shipment: Bai Salam/ Packing Credit /Cash Credit (Hypothecation/Pledge). Back to Back L/C. Musharaka
