Latest News

Latest Posts
  • Shipping Documents

    Shipping documents is a set of foreign trade related documents that is used to realize foreign trade business between buyers and sellers.In foreign trade process seller presents a set of...
  • Back to Back Letter of Credit

    Before discussion about Back to Back Letter of Credit, let us explain what we mean for letter of credit. In simple words, a letter of credit is a written undertaking...
  • Demand Loan-Forced Loan

    Definition of Demand Loan/Forced Loan: The loan created by a bank to honor its own commitment may be defined as Demand Loan or Forced Loan. Usually this type of loan,...
  • Foreign Trade and Foreign Exchange

    Foreign Trade Foreign Trade Definition: Trade among nation is known as foreign trade on international trade. It includes export import and re-export of entre-port trade. Foreign Trade and Foreign Exchange...
  • Foreign Remittance

    Foreign Remittance means remittance of foreign currencies from one place/person to another place/person. In broad sense, foreign remittances include all sale and purchase of foreign currencies on account of Import,...
  • Foreign Exchange Business Risks

    Any person dealing in foreign exchange business risks must be familiar with the risks involved. Some of the risks are peculiar to foreign exchange business, while some of them are...
  • Bill of Exchange

    Bill of Exchange (Draft) is a legal document evidencing claims for amounts owed. In some countries, there is a distinction between bills of exchange in connection with the settlement of...
  • Trade Finance Services by Banks

    Now a days various Trade Finance Services by banks are provided in different levels of foreign trade business. Exporters and importers need financing facilities to accomplish their cross-border purchase and...
  • Offshore Banking in Bangladesh

    Offshore banking units are allowed to offer services in foreign currencies. The banking unit opened up banking facilities for the Type-A, industry situated at EPZ area and extending discounting facilities...