DPS Of All BD Bank DPS(Deposit Pension Scheme) EBL DPS Features Insurance Features The monthly installments have built in life insurance coverage which assures the maturity value of the deposit in case of depositor’s death due to any cause (excluding pre-existing illness/disability, […]
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SWIFT Code of all BD Bank
SWIFT Code of all BD Bank To search all swift code of Bangladeshi bank please visit below: All BD Bank Swift Code A AB Bank Limited Swift Code: ABBLBDDH Website: www.abbank.com.bd Agrani Bank Limited Swift Code: AGBKBDDH Website : www.agranibank.org Al-Arafah Islami Bank Limited Swift Code: ALARBDDH Website […]
Read moreSIBL Credit Card
SIBL Credit Card At present credit card is very extensively used mode of financial transaction and it is widely known as “ Plastic Money”. It has created an immense impact in the life of the people all over the world.The same trend is being followed in Bangladesh too.Now a […]
Read moreBank Draft
Bank Draft Introduction : Banks remit funds from one place to another through the network of their branches. The main instrument for remittance of funds are bank drafts, mail transfer, telegraphic transfer and traveller’s cheques. Here, we will focus are attention on features and operational aspects of bank draft. Definition […]
Read moreClearing
Clearing Clearing is the process of collection of proceeds of instruments of different banks by a collecting bank through some systematic procedures with the involvement of Central Bank. Types of instruments: Cheques (CD, SB, Loan) Demand Draft Payment Order Others Related Terms: Crossing Clearing Stamp Endorsement Clearing […]
Read moreGlobal Express Money Remittance
Global Express Money Remittance Global Express Money Remittance (GEMR) is a remittance company that which serving in the UK of Filipino society and across other Euro zone countries. The company owners are 28 years professional experience and legitimate remittance and banking personnel both in Asia and Europe. Their […]
Read morebKash
bKash bKash is a subsidiary of BRAC Bank Limited. It started their journey as a joint venture company between BRAC Bank Limited, Bangladesh as well as Money in Motion LLC of USA, and in April 2013 International Finance Corporation (IFC). It is a member of the World Bank Group, bKash […]
Read moreRegistered Investment Advisor RIA
Registered Investment Advisor RIA RIA means Registered Investment Advisor. Ria offers the advice and guidance you need.Ria is the third largest money transfer company all over the world. It provides their service through 207,000 global agent network locations in 135 countries of global village.It was founded in 1987. Ria offers […]
Read moreXpressMoney
XpressMoney XpressMoney is a global money transfer branded company in—. It provides money transfer service Over the last 13 years which is convenient, affordable, accessible and secure form. At present XpressMoney is an international money transfer provider company. They serve more than 55,000 customers everyday all over the world. Their […]
Read morePre-Shipment Inspection (PSI)
Pre-Shipment Inspection (PSI) Legal Framework: Pre-shipment Inspection Rules – 2002 (SRO No. – 255-AIN/2002/1973/Shulka, Dated 19-09-2002 which replaces Pre-Shipment Inspection Order – 1999, Dated 19-10-1999) Amendment of Pre-shipment Inspection Rules–2002 (SRO No. 38-AIN/2008/2188/Shulka, Dated 05-06-2008) Circular regarding exemption from mandatory pre-shipment inspection (SRO No. 193-AIN/2010/2311/Shulka, Dated 10.06.2010) Customs Act-1969 Import […]
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SWIFT at a glance
SWIFT at a glance SWIFT HISTORY > Increase in International trade and commerce after World War-II > Efficient Banking System for payment mechanism with Security, Reliability and Confidentiality was needed. > Computer and Telecommunication technology came to rescue > Co-operative organization SWIFT was born SWIFT is the industry-owned co-operative […]
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Prime Bank Internet Banking
Prime Bank Internet Banking Internet banking is helpful for all users. Nowadays all customers are prefer internet banking. Considering customers requirements Prime Bank offered real-time internet banking . Just click to do bank transactions wherever you are, anytime you want. It is safe and convenient to access your account 24/7. […]
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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 will maintain a Current Account. Step Two: Importer submits an application requesting for opening L/C for US$. …….. for import of […]
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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. Charter party/stale/third party Bill of Lading (Unless stipulated in the letter of credit ) ON BOARD notation in B/L updated/unauthenticated. Shipment effected from the port other than that stipulated in the credit. Goods shipped on […]
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What is Outward Remittance?
What is 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 Contract or Agreement c) Travel d) Education e) Treatment f) Membership fees g) Fees for Application h) Examination […]
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