at first open your business place, than arrange ted licence.
then apply to LC for export or Import.
How can you open a garments lc for export
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
Probably not
Deferred LC is very usefull for both importers and exporters. 1-Importer does not hav to pay in-advance when uses deferred lc 2-but exporter guarantees that he will get the payment in a certain time after shipment and also if he wants he can discount in on the same day or on any days when the LC is booked. 3- deferred LC helps to the buyer who does not have cash but has credit in his bank 4- deferred LC helps to the seller, so he does not have to look for a buyer who has only cash money.He can discount the LC with a very low cost anytime.
Bangladesh
1. how import duties can affect import/export business? 2. how import duties can affect potential business customers?
An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller.
by Letter of Credit LC
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
Ministry of finance issues import or export license. In order to export or import you will have to establish your company, register it with CBR, get an NTN number, open a corporate bank account with listed banks, get LC (letter of credit) from that bank and then you can proceed with your import or export business.
You cannot import any fire arms in Bangladesh. It is also illegal to carry a fire arm in Bangladesh without a peoper licence.
Yes.
CLOTHING
2008 palm oil in Bangladesh
Probably not
i don know
A third party can open the LC on the seller. This part of the transaction must be done on behalf of the buyer.
Bangladesh Open University was created on 1992-10-21.