How to Import

How to Import 

How to Import Guarantee Import by admin Guarantee ISSUANCE OF FOREIGN BANK GUARANTEE Guarantee A guarantee is promise made by the person/organization (or guarantor) to the Banker that he will pay the present or future debt in case of default by the principal debtor. So the guarantor is undertaking to repay the debt in

Guarantee

Guarantee ISSUANCE OF FOREIGN BANK GUARANTEE Guarantee A guarantee is promise made by the person/organization (or guarantor) to the Banker that he will pay the present or future debt in case of default by the principal debtor. So the guarantor is undertaking to repay the debt in case it is not the principal debtor. We …

Continue reading »

F.C. Accounts & Remittances  F.C. Accounts & Remittances. 4.27: AN OVERVIEW OF F.C. Account Private Foreign Currency Account: Papers /Documants Required for opening FCD A/C: Salient Feature of F.C Account: Non-Resident Foreign Currency Deposit (NFCD) A/C : (NFCD A/C At a glance) Eligible persons: Terms & Conditions : Resident Foreign Currency Deposit (RFCD) A/C: Convertible …

Continue reading »

EXCHANGE RATE AND THEIR APPLICATION Contents 3.9: EXCHANGE RATE AND THEIR APPLICATION.. 2 Exchange Rate Quotation. 2 Direct Quotation. 2 Indirect Quotation. 2 Type of Selling Rate of Authorized Dealer (SIBL) to Public: 2 T.T & O.D (Telegraphic Transfer and On Demand) Rate: 2 B.C (Bill for Collection) Selling Rate: 2 Type of Buying Rate …

Continue reading »

FOREIGN CORRESPONDENT

FOREIGN CORRESPONDENT   Contents Contents. FOREIGN CORRESPONDENT. Foreign Correspondent Relationship: Accounting Relationship: Nostro Account: Vostro Account: Loro Account: FOREIGN CORRESPONDENT   3.7: FOREIGN CORRESPONDENT   The term “Foreign correspondent” in banking sector can be defined in two of ways- Foreign Correspondent Relationship Accounting Relationship   Foreign Correspondent Relationship:   No bank has its own branch …

Continue reading »

General Concept About Foreign Exchange Operation

General Concept About Foreign Exchange Operation Table of Contents General Concept About Foreign Exchange Operation. 3.1:  CONCEPT OF FOREIGN EXCHANGE: 3.2: Local Regulations for Foreign Exchange: 3.2.1.        Foreign Exchange Regulation Act : 3.2.2.        Guidelines for Foreign Exchange Transactions: 3.2.3.        Foreign Exchange Circular : 3.2.4.        Export Import Policy : 3.2.5.        Public Notice: 3.2.6.        Read more […]

 

Asian Countries Import data

Asian Countries Import data Asian Countries Import data Import export data all over the world Asian countries are:   A Afghanistan Armenia Azerbaijan B Bahrain Bangladesh Bhutan Brunei Burma C Cambodia China Cyprus G Georgia H Hongkong I India Indonesia Iran Iraq Israel J Japan Jordan K Kazakhstan Korea, North Korea, Read more […]