Short note: Foreign exchange related terms Short note: Foreign exchange related terms Quasi Negotiable Instruments are those Instruments that can be transferred by endorsement and delivery but the transferee does not get a better title that of the transferor. Therefore they cannot be classified as negotiable Instruments and hence the Negotiable Instruments act is not applicable to […]
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Export Development Fund (EDF)
Export Development Fund (EDF) Export Development Fund (EDF) is a special credit window created by Bangladesh Bank to provide short-term finance in foreign currency for import of raw materials by opening L/C at sight by the export oriented garment industries. At the request of Bangladesh Government with a view to […]
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