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  • International Trade -Terms

    Acceptance A time draft that the drawee (the payer) has accepted and acknowledged in writing the unconditional obligation to pay it at maturity. Advising Bank...
  • Foreign Exchange Business

    International Trade Definition Business firms engaged in foreign trade receive and make payment through foreign currency. In order to facilitate such transactions and also help...
  • Forex Trading For Beginners

    Foreign exchange market participation is one of the major tasks in international banking. And the treasury department of a bank deals with the foreign exchange...
  • Foreign Currency Accounts

    Resident Foreign Currency Deposit (RFCD) Account Persons ordinarily resident in Bangladesh may open RFCD account with foreign exchange brought in at the time of their...
  • Bill Of Lading Transport Document

    Bill of Lading Definition Bill of Lading is a transport document, which serves as a receipt for goods contract to transport using ocean mode. Below...
  • Certificate Of Origin- Packing List

    Certificate of Origin For goods imported to some countries, especially those which have a reciprocal tariff agreement with the exporter’s country, a certificate of origin...
  • Commercial Invoice

    The invoice/commercial invoice, in ultimate sense, is the seller’s bill for the merchandise. The document describes the goods which are the subject of contract of...