An Overview of International Trade INTERNATIONAL TRADE What is IFSC-MICR codes-SWIFT Codes What is IFSC-MICR codes-SWIFT Codes What is IFSC? IFSC stands for Indian Financial System Code . The […]
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How to use the Export Development Fund
How to use the Export Development Fund The Export Development Fund is expected to contribute to a sustained export drive and long-term development of Bangladesh Exports by assuring a continued […]
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Procedures of Amendment of a Letter of Credit
Procedures of Amendment of a Letter of Credit Amendment to L/C After the opening of L/C sometimes alteration/amendments to the original terms and conditions become necessary. These amendments involve changes […]
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Export Processing Zone of Bangladesh
Export Processing Zone of Bangladesh Export processing zone (EPZ) was established by an act namely, Bangladesh Export Processing Zone Authority Act, 1980. The broad guideline relating to the operational enterprise […]
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Step of Letter of Credit Opening
Step of Letter of Credit Opening Step One: If any importer wants to open a L/C, the importer is to be a customer of the bank and the importer […]
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Discrepancies of Letter of Credit
Discrepancies of Letter of Credit Common discrepancies in the export documents Claused/unclean/foul/dirty Bill of Lading. Charte–party/stale/third party Bill of Lading (Unless stipulated in the letter of credit ) ON BOARD […]
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Outward Remittance
Outward Remittance Foreign Outward Remittance: Foreign currency being made out abroad may be termed as foreign outward remittance. Purpose of outward remittance are: a) Import Bills Payment b) Payment against […]
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Foreign Remittance
Foreign Remittance Definition: Remittance represents transfer of fund from one place to another through official channel. Foreign Remittance: Foreign Remittance refers remittance of Foreign currency that are received in and […]
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Basic Principles of Bank
Basic Principles of Bank Basic Principles of Bank: Bank runs their business by taking the money of others so it is a risky business organization. Avoiding all risk to establish […]
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Asian Development Bank (ADB)
Asian Development Bank (ADB) ADB ADB is the acronym of Asian Development Bank The Asian Development Bank established in 1966 to develop to improve the quality of life for millions […]
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Mobile banking
Mobile banking Mobile banking is a system for the customer to act upon banking procedures on his or her cell phone or other mobile appliance. It is a popular technique […]
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Islamic Banks List of Bangladesh
Islamic Banks List of Bangladesh Islamic Bank BD Al-Arafah Islami Bank Limited Swift Code: ALARBDDH Phone: +880-2-7123255-7, 9568007, 9569353 Email: aibl@al-arafahbank.com Stock Code – Website http://www.al-arafahbank.com
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Online Banking
Online Banking Online Banking is a system allowing individuals to perform banking activities at home, through the internet or Web banking. Online banking is also known as ‘Internet banking’ or […]
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Bank contributions
Bank contributions Bank contributions to trade commerce are very important to a country. It is not possible for the development of a country without bank management. Any country in the […]
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Securities company of BD
Securities company of BD A.B. ISPAHANI SECURITIES LID. Rep : Mirza Ali Behrouze Ispahan! Chairman & M.D Ispahani Building (2nd Floor) 14-15, Motijheel C/A, Dhaka-1000 Ph: 9555192, Res :8827061, Mobile […]
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