Significant Changes in UCPDC-600

Significant Changes in UCPDC-600 Significant Changes in UCPDC-600 Compared with Publication no. 500 *******  #Article     :1   :It has been expressly indicated that UCP600 contains rules.  #                :2  :All the parties including Banks and Clients have been categorically defined. Also different terminologies have been clarified.  #                :3:  :All the interpretations […]

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DPS Of All BD Bank

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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SIBL 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 […]

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Bank 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 […]

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Clearing

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 […]

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XpressMoney

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 […]

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