How to Export

 How to Foreign trade Essay

EXPORT

Treatment of Foreign trade from Ceder side:

1)To open a bank account with a Financial institution.

2)To become collect ERC (Export Registration Certificate) from CCI & E. 3)To collect CONTAINER from Bangladesh Revenue Table.

4)To gather Export L/C / Transferable Export L/C.

5)To send the Foreign trade L/C as well as Transferable Export L/C towards the Bank through his letter pad and type Continual L/C. 6)To sign LCAF

7)To collect Insurance cover Note with money receipt and Vat paid certificate (only for Overseas B/B L/C) 8)To Sign IMP & Related demand documents.

Model of Party's Page for submitter of Export L/C: MASS Fashion Limited.

Manager

DASAR Bank Limited.

Gulshan Part

Dhaka

Subject: Submission of Export L/C No . ……………. …….. dt. …….. ………… for US$. ………………….

Dear Sir,

Assalamu Alaikum California Rahmatullah.

Encapsulated please find here while using original Foreign trade L/C Number ……………….. dt. …………. to get US$. ………. for your necessary action and oblige.

Ma-assalam

Yours really,

Managing Director

Mass Fashion Ltd.

several, Gulshan Avenue,

Dhaka

Enclosed: Foreign trade L/C. …………………….. dt. ………………..

Procedure of Export from Banker Part:

Step: 1: At first Bank open a free account by obtaining related paper as per Banking Rule.

Step: 2: To get the Notification / Application of submission Export L/C, Lenders at first verify the unsecured personal (Model of Application of the Client).

Stage: 3: In the event the Export L/C is transferable Export L/C, it is need to to check through the page of " Confirmation of transfer ………………. Export L/C …………….. dt …………….. pertaining to US$. ………………

(Model of Confirmation Page / Lender transfer)

Step: 4:[ To confirm the Export L/C (for transferable Export L/C)/Direct received Foreign trade L/C]. Following receiving Export L/C from the client, to check on the following:

1)Transferable Export L/C's Bank's Authorised signature validate or certainly not. 2)Form of Documentary Credit rating Irrevocable transferable or certainly not. 3)Date of issue:

4)Date and place of Expiry: …………………… in Bangladesh. 5)Applicant:

6)Beneficiary:

7)Currency Quantity:

8)Draft: In sight

9)Transhipment: allowed as well as Not allowed.

10)Last date of Shipment:

11)Terms of Delivery: FOB Dhaka / BALLOON Ctg.

Stage: 5: If the terms and condition of Lender Export L/C is okay to draw – LOAN WITH BANK.

Stage: 6: (LIEN MARKED) Foreign trade L/C Dramon No . compose of the record by red ink Ball point. we. e. To spread out a individual Export L/C File.

Step: several: Advice the Export L/C to Applicant / Vendre.

Step: eight: To Admittance the Foreign trade Performance Deliberar:

Column of Export Performance Registrar.

SL. NO . Foreign trade L/C Not any

& dateShipment dateExpiry dateDescription and

Level of goodsCategory

(Quota/not Quota)Amount

In F. C. Initial

12345678

B M L/C

And DateShipment

DateExpiry

DateAmount in F. C.

(BB Bills)InitialImport Bill No .

& dateAmount in Farrenheit. C. Because of datePaid onInitial

9101112131415161718

Negotiating

dateExport Bill Number (FBP/FBC)Amount in F. C. Amount in Local Tk. Date of realizationRealization volume in N. C. InitialRemarks 1920212223242526

Step: 9: To spread out required B/B L/C, Neighborhood B/B L/C Under/ plan. the Export L/C (if discretionary power is available to open the above B/B L/C)

To open Back to Back International L/C, the following documents signed by Exporter:

1)IMP contact form

2)LCA Type (Industrial)

3)LC Application form (Industrial)

4)Charge paperwork:

a)Promissory Be aware

b)Letter Expert

c)DP. Be aware Deliver Letter

d)Balance Affirmation

e)LIM/Mura – Agreement Transfer (150 Tk. Stamped)

f)Purchase schedule

g)Letter of Assurance

h)Letter of Hypothecation

i)Letter of Continuity

5)Insurance Cover Note with money invoice & VAT Certificate.

Stage: 10: In the event Branch Manager's discretionery Electrical power is unavailable to open the B/B L/C (Foreign), B/B L/C Regional, Proposal give to Head Business office ID.

(Model of proposal to open B/B L/C)

It may open 75% volume...

Essay in Unit being unfaithful - Job 2 Complete the Task Specified in Sam.

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