What is Money Laundering? When criminals commit crimes, they do it to make money, and since this money can be linked to crime, in this case, they must hide the source of their illegal funds. This is called money laundering. The money comes from crimes...
Trade base money laundering is the abuse of international trade to move illicit funds in cross-border trade. It’s on the rise because money laundering is about deception and trade which is inherently paper-based. Naturally comfort in money handling and relax or gaps in regulatory policies...
Shares Define Shares are separate property owned by companies or financial institutions. Basically, it is part of the exchange value of a company or asset, which can fluctuate based on various market factors. In the financial situation, stocks are also called company stocks. The cost...
In modern banking, money and credit are the two main parts of any economy’s financial system. There are more than 30,000 different banks around the world with incredible assets. The ten largest banks alone account for approximately $25 trillion. Banking may seem very complicated, but...
There are some differences between the capital market and money market. Currently, they are basically two types-financial markets and money markets in the economy. Now, the money market is used for short-term loans, while the capital market is used for long-term loans. In just one...
Freight forwarders or shippers are agents, also known as commercial agents, who work without a company. Traditional freight forwarders deal with an individual business and receive businesses from manufacturers or large distributors. shipping agent? All information on what to do, what to do if a...
The basic concept of plastic money is that all ATM cards, debit cards, prepaid cards, and credit cards are in this category. This category is called the concept of “plastic currency”. It is a hard plastic card used in daily life, not a real banknote....
Green Banking Means paperless and economic banking strategy which reduces cost in many ways of banks and other financial institutions. As a result of global warming and abnormal climate change, many other countries in the world, is at grave risk. In recent times, the “Save...
Definition of Islamic Banking:Islamic Banking is a financial Institution whose statutes, rules and procedures expressly state its commitment to the Islamic Shariah and to the banning of the receipt and payment of interest on any of its operations. Bank Islam means such a company or...
