International Trade and Foreign Exchange – By Anwarul Haque Qureshi The importance of international trade in the economy of a country is too well known to need emphasis. A number of advantages flow from international trade. Many developing nations of the world owe their hopes of development on it. A […]
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FUNCTIONS OF FOREIGN EXCHANGE
FUNCTIONS OF FOREIGN EXCHANGE – By Anwarul Haque Qureshi Commercials Banks have a vital role in the foreign trade of a country. They provide the finance needed to execute the transactions. They from the conduit pipe through which the documents and money are exchanged between the exporter and importer. They […]
Read moreBanking in Bangladesh
Banking in Bangladesh Banking in Bangladesh – Wikipedia https://en.wikipedia.org/wiki/Banking_in_Bangladesh Bangladesh is a third world country with an under developed banking system, particularly in terms of the services and customer care provided by the … Historical Background of Banking in Bangladesh https://www.slideshare.net/…/historical-background-of-banking-in-bangladesh Dec 11, 2016 – The Evolution Of Banking Beginning […]
Read moreLearn Ten Words Everyday
Learn Ten Words Everyday Learn Ten Words Everyday Session #1 Session #2 Session #3 Session #4 Session #5 Session #6 Session #7 Session #8 Session #9 Session #10 Session #11 Session #12 Session #13 Session #14 Session #15 Session #16 Session #17 Session #18 Session #19 Session #20 Session #21 […]
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Bahrain Financing Company -(BFC)
Bahrain Financing Company (BFC) Bahrain Financing Company (BFC) is the leading Money Transfer and Currency Exchange company in the Kingdom of Bahrain. Whether you’re sending money home to your loved ones or going on holiday and need foreign currency, we have your Money Transfer and Currency Exchange needs covered. […]
Read moreAlabama Bank Directory
Alabama Bank Directory AB&T National Bank Alabama Banker’s Bank, NA Alabama Trust Bank, NA Alamerica Bank Aliant Bank Amerifirst Bank AuburnBank Bank Independent Bank of Evergreen Bank of Pine Hill Bank of Walker County Bank of Wedowee Bank of York Bank Trust Bay Bank Brantley Bank and Trust Company Bryant […]
Read moreHow to obtain Import Registration Certificate (IRC) in Bangladesh
How to obtain Import Registration Certificate (IRC) in Bangladesh Required Supporting Documents: 1. Attested photocopy of valid Trade License 2. Tax Identification Number (TIN) 3. Attested photocopy of membership certificate from local Chamber of Commerce and Industry or relevant Trade Association 4. Original copy of Treasury Chalan 5. If a […]
Read moreHow Does Reporting On Online Import Monitoring System
How Does Reporting On Online Import Monitoring System Importers are registered under Importers Exporters and Indentors (Registration) Order, 1981 Imports are controlled by CCI&E under Imports and Exports (Control) Act, 1950 LCAF: LCAF is mandatory for all imports irrespective of the sources of payment. LC must be opened within 180 […]
Read moreWhat precautions should be taken by a banker before advancing the loan or Investment
What precautions should be taken by a banker before advancing the loan or Investment What precautions should be taken by a banker before advancing the loan or Investment Who is a banker? Banker is a person who mange the bank by his knowledge, skills { a) Educational Qualities, b) Technical […]
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What is the function of commercial Banks or Modern banks
What is the function of commercial Banks or Modern banks What is the function of commercial Banks or Modern banks: In the modern world, banks perform such a variety of functions that it is not possible to make an all-inclusive list of their functions and services. However, some basic functions […]
Read moreSummary on Export from Bangladesh
Summary on Export from Bangladesh Introduction 1.1 The word export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an “exporter” who is based in the country of […]
Read moreWhen and why a country prefer exports?
When and why a country prefer exports? A country exports prefer when the goods, services and skills are surplus than the demands of that country.we can say, a country has been able to produce more goods and services than can be consumed at home. This prompted a search for foreign […]
Read moreForeign Exchange Regulation Act 1947
Foreign Exchange Regulation Act 1947 Foreign Exchange Regulation Act 1947: There is an elaborate machinery to effectively operate the exchange control and regulation in the country. The machinery comprises the authorities empowered to regulate foreign exchange transactions and to enforce the provisions of Foreign Exchange Regulation Act and to deal with […]
Read moreURR 725 and issuance of Reimbursement Authorisation, URC 522: Collection of Bills (Clean & Documentary)
URR 725 and issuance of Reimbursement Authorisation, URC 522: Collection of Bills (Clean & Documentary) Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credit -URR 725 New Publication Number 725 to become effective October 1, 2008 Background to URR: The Uniform Rules for Bank-to-Bank Reimbursements (“URR”) were first published by ICC […]
Read moreSpecial types of Bank’s Customers-Minor or Infant, Lunatics, Drunkard or Intoxicated Person, Married Woman, Illiterate Person, Trustees, Executors and Administrators
Special types of Bank’s Customers-Minor or Infant, Lunatics, Drunkard or Intoxicated Person, Married Woman, Illiterate Person, Trustees, Executors and Administrators. Every person who is competent to contract can open an account with a bank provided the bank is satisfied regarding his bonafides and is willing to enter into necessary business […]
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