Bankingallinfo

Explain the banker is a privileged debtor

Explain 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…

Banker Makhluk February 17, 2018

Banking In India

Definition of the banker as per banking companies act of India

Definition 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…

Banker Makhluk February 15, 2018

Export

Step by Step Export Procedure

Step by Step Export Procedure Procedure of Export from Exporter side: To open an account with a Bank. To be collect ERC (Export Registration Certificate) from CCI & E. To…

Banker Makhluk February 13, 2018

Banking Articles

Due diligence-In good faith and without negligence

Due diligence-In good faith and without negligence What is 'Due Diligence?' Due diligence has become a buzz word in the recent times. Due diligence has been used since at least…

Banker Makhluk February 11, 2018

International Trade and Foreign Exchange

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 Payment System Applications such as Real Time Gross Settlement (RTGS), National Electronic Funds…

Banker Makhluk February 10, 2018

International Trade and Foreign Exchange

URR 725, URC 522, ISBP 745: Their uses and Implication in Foreign Trade

URR 725, URC 522, ISBP 745: Their uses and Implication in Foreign Trade URR 725, URC 522, ISBP 745: Their uses and Implication in Foreign Trade: Uniform Rules for Bank-to-Bank…

Banker Makhluk February 6, 2018

Money Laundering

Cash Transactions Report (CTR) And Suspicious Transaction Report (STR)

Cash Transactions Report (CTR) And Suspicious Transaction Report (STR) Recognition of Suspicious Transactions As types of transactions that may be used by money launderer are almost unlimited, it is difficult…

Banker Makhluk February 4, 2018

Export

Elements Of Export Contract Or Sales Contracts

Elements Of Export Contract Or Sales Contracts If you asked anyone what is the elements of export contract or sale contract. Most of the people do not answer properly. Due…

Banker Makhluk January 15, 2018

Banking Articles

What is ABA Routing Number,ACH Routing Number and Fedwire Routing Number

What is ABA Routing Number, ACH Routing Number, and Fedwire Routing Number What is ABA Routing Number, ACH Routing Number and Fedwire Routing Number: ABA Routing Number: Routing numbers are also…

Banker Makhluk January 4, 2018

Bank

Top 30 Banks Information of USA

Top 30 Banks Information of USA Bank of America NA Bank of America Corporation (BofA) Bank of America Corporation (BofA) is a multinational banking and financial services corporation headquartered in…

Banker Makhluk January 4, 2018