Common Import and Export Documents There are many documents involved in international trade, such as commercial documents, financial documents, transport documents, insurance documents and other international trade related documents. In processing the export consignment, documentation may be executed in up to four contracts: the export sales contract, the contract of […]
Read more
An Overview of International Trade and Foreign Exchange Contributed by—Mohammad Ullah, Director, ABTI Definition of International Trade/Foreign Trade: “Trade is essential an international transformation of commodities, inputs, and technology which promotes welfare in two ways. It extends the market of a country’s output beyond national frontiers and may ensure better […]
Read more
Security features of Taka Security Features Of 1000 Taka Denomination Note Front Side of the Note Back Side of the Note 1. The size of this note is 160×70mm duly signed by the Dr. Atiur Rahman, Governor, Bangladesh Bank. 2. This note is printed on highly durable paper containing synthetic […]
Read more
CDCS Exam 2020 Probable Question and Answers Chapter 1 The history and use of documentary credits One of the first forms of letter of credit introduced was known as which one of the following? A businessman’s letter of credit An exporter’s letter of credit A traveler’s letter of credit D.A […]
Read more
eUCP Chapter-23 Learning objectives: This chapter includes a brief history and outline of eUCP. By the end of this chapter, you should be able to: ◆◆ describe the features of eUCP; and ◆◆ understand the contrast between the rules in UCP 600 and those under eUCP. 23.1 eUCP The ICC […]
Read more
Bank to bank reimbursements and reimbursement from aid agencies 22.1 The relationship between an issuing bank and a reimbursing bank Although only one bank (an issuing bank) is necessary to facilitate reimbursement under a documentary credit, in many cases an issuing bank will nominate another bank to reimburse a nominated bank that […]
Read more
CDCS study materials-Standby letters of credit Chapter-21 Learning objectives This chapter provides an overview of standby letters of credit and the content of ISP98. By the end of this chapter, you should be able to: ◆◆ describe the origins and use of a standby letter of credit; and ◆◆ understand the […]
Read more
CDCS study materials-The features of documentary credits Chapter-20 20.1 Introduction CDCS study materials-The features of documentary credits Some features and conditions are fundamental to all documentary credits; others, by means of the insertion of clauses or a recognised form of wording, provide a speciality function. A number of these characteristics are provided for […]
Read more
How to assessing financial needs? This chapter deals with the need to examine one’s business carefully before deciding to apply for short-term credit. It looks at the basic financial structure of an enterprise and provides guidelines on equity and loan capital and their role in financing assets. It explains the notion of working […]
Read more
12 articles of eUCP (Supplement to UCP 600) eUCP V1.1 Supplement to UCP 600 Article e1: Scope of the eUCP Article e2 : Relationship of the eUCP to the UCP Article e3 : Definitions Article e4 : Format Article e5 : Presentation Article e6 : Examination Article e7 : Notice of Refusal Article e8 : Originals and […]
Read more