TFFE

Question 9 (a) An export document was presented to the nominated bank one day after the last date of presentation. The bank was closed on the last date due to riots. Under UCP 600 Article 36, closure due to riots…

Question 9 (a) An LC is confirmed and is available with the confirming bank. The beneficiary presents the documents to the confirming bank within the validity of the LC. The issuing bank wrongly dishonours the documents after the LC has…

(8) As a Head of Foreign Trade Division of your bank, how would you deal with the following situation under UCP-600 (a) As per LC terms, 08 March 2023 was the deadline of presentation of documents. Your customer has presented…

(10) One of your exporters wants to sell a 60-day usance bill of EUR 2,00,000 to your bank. Calculate the buying exchange rate of your bank using the following information. Also calculate the amount of BDT to be paid by…

(10) Suppose you want to purchase EURO 65,000 to make a payment on behalf of your importer. Please calculate the buying and selling exchange rate using the following Forex market data, and also calculate the amount of BDT you have…

(10) Your exporter wants to sell a 120 day usance bill of EURO 85,000 to your bank. Calculate the buying exchange rate using the following information. Also calculate the amount of BDT to be paid by your bank. (a) Inter-bank…