UCPDC ARTICLE 10-11 ARTICLE 10: Amendments a. Except as otherwise provided by article 38, a credit can neither be amended nor cancelled without the agreement of the issuing bank, the confirming bank, if any, and the beneficiary. b. An issuing bank is irrevocably bound by an amendment as of the […]
Read moreUCPDC ARTICLE 1 UCPDC ARTICLE 1 Application of UCP The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication No. 600 (“UCP”) are rules that apply to any documentary credit (“credit”) (including to the extent to which they may be applicable, any standby letter of credit) when the […]
Read more
Definition of Negotiable Instrument The Negotiable Instrument Act does not define a negotiable instrument and merely states that a negotiable instrument means a promissory note, bill of exchange or cheque payable either to order or bearer. This does not indicate the characteristics of a negotiable instrument but only states that […]
Read moreBanking ppt Lecture To get the lecture click on the image: Roots of Islamic Banking: By Md. Farid Uddin Ahmed,Former MD and CEO, Exim Bank Ltd. Difference between Riba, Bai, Profit and Rent : By Md. Farid Uddin Ahmed,Former MD and CEO, Exim Bank Ltd. To get the lecture click on […]
Read moreLand Ports list of Bangladesh Benapole Land Port Burimari Land Port Akhaura Land Port Sonamosjid Land Port Hili Land Port Banglabandha Land Port Teknaf Land Port Bibirbazar Land Port Birol Land Port Bhomra Land Port Nakugaon Land Port Tamabil Land Port Darshana Land Port Belonia Land Port Gobrakura and Koroitali […]
Read more
City Bank info City Bank info Phone: +880-2-8813483, 8814375, 8813126 Fax: +88-02-9884446 Email: info@thecitybank.com.bd Info Loans DPS Cards Accounts Services Head Office City Bank Center, 136, Gulshan Avenue, Gulshan-2, Dhaka-1212, Bangladesh Known As City Bank SWIFT Code CIBLBDDH Stock Code CITYBANK Category Commercial Type Private Description City Bank is one […]
Read moreTypes of Bank of India Credit Cards Bank of India Bank of India is a financial services provider commercial bank founded in the 1906 on September 7th. It has its head-quarters in Mumbai, Maharashtra, India. It is a type of a public company providing retail as well as commercial banking […]
Read moreInformation of Allahabad Bank: Established on: April 24, 1865 Head Quarter: Kolkata, India Number of Branch: 3,248 branches (Sep-2017) Key Person: CEO, Usha Ananthasubramanian (May 6, 2017–), Usha Ananthasubramanian (May 6, 2017–Aug 13, 2018) Services: Finance and insurance, Consumer banking, Corporate banking Number of Employee: 23,771 (March 2016 Website: […]
Read more
Why how and when importer import goods from other countries At first we have to know what is import, Who is importer, what risks associated with import, What is import? Import is the buying of goods or products made in other countries for domestic use or resale’s own country […]
Read moreMS Outlook Shortcut Keys Ctrl + A – Select all Items Ctrl + B – Bold Highlighted Section Ctrl + C – Copy Selected Text Alt + S – Send the e-mail Ctrl + X – Cut Ctrl + P – Print Ctrl + G – Go to Date Ctrl […]
Read moreWhat is the Rule in Clayton’s case? Right of Appropriation: (Clayton’s Rule) This is the right of a banker to appropriate the money paid by the customer to any one of the loans including a time- barred debt. But, however, once the customer gives specific directions regarding appropriation, the banker has no right […]
Read moreWhat conditions should be fulfilled to exercise the right of set-off What conditions should be fulfilled to exercise the right of set-off? It is s statutory right which enables a banker to combine two accounts in the name of the same customer and to adjust the debit balance in one account with the […]
Read moreSPECIAL FEATURES OF RELATIONSHIP OF BANKER AND CUSTOMER The special features of relation between banker customer give rise to certain rights and obligations which are mutual in character. The rights of the banker are the obligations of the customer and vice versa. Rights of a Banker Following are some of the statutory- […]
Read moreExplain the banker is a privileged debtor Relation of Debtor and Creditor As Sir John Pagét aptly remarks that “the relation of banker and customer is primarily that of debtor and creditor, the respective positions being determined by the existing state of the account”. On the opening of an account the banker assumes […]
Read moreDefinition of the banker as per banking companies act of India DEFINITION OF BANKER AS PER BANKING COMPANIES ACT OF INDIA Definition of Banker Till the passing of the Indian Companies Amendment Act,1936 there was no statutory definition of the banker in India. Though many legal decisions and interpretations were […]
Read more