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What is a lodgement?

Updated: 9/14/2023
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A lodgment is money given to a bank for your account. It usually requires a deposit slip or a lodgment slip.

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Q: What is a lodgement?
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What could proof of lodgement of banking?

Bank receipt


Is there any method other than check payment to pay off credit card bills?

Depending on the credit card you might be able to pay by * a cash lodgement at your bank branch, or * by telebanking (I pay my credit card over the internet, by transferring money each month from my current account to pay the bill), or * you might be able to pay by direct debit. Many credit card companies allow online payment of bills. If your banker and credit card issuer are the same, then there should be an option for automatic transfer of funds when the bills are due. You could also pay your credit card bill with a debit card or through cash, I suppose.


What is export packing credit?

Export Packing Credit.industry used term - EPC RATESThis is a fluctuating rates linked with LIBOR (London Inter Bank offered Rates)In international trading, both the parties are not aware of each other, hence, they employ a world-renowned bank (globally) because they do not trust each other & deal through that bank instead.Export Packing Credit are of 2 forms1. Pre-shipment Credit (Packing Credit)2. Post-Shipment CreditThese are available to the exporters, for financing purchase, processing, manufacturing or packing of goods prior to shipment.This would mean any loan or advance extended to you by the bank on the basis of:a) Letter of Credit opened in your favor or in favor of some other person, by an overseas buyer;b) a confirmed and irrevocable order for the export of goods from India;c) any other evidence of an order or export from India having been placed on the exporter or some other person, unless lodgement of export order or Letter of Credit with the bank has been waived.Packing Credit is granted for a period depending upon the circumstances of the individual case, such as the time required for procuring, manufacturing or processing (where necessary) and shipping the relative goods. Packing credit is released in one lump sum or in stages, as per the requirement for executing the orders/LC.The pre-shipment / packing credit granted has to be liquidated out of the proceeds of the bill dawn for the exported commodities, once the bill is purchased/discounted etc., thereby converting pre-shipment credit into post-shipment credit.Post Shipment Packing CreditIt runs from the date of extending credit, after shipment of goods to the date of realization of export proceeds and includes any loan / advance granted on the security of any duty drawback allowed by the Govt. from time to time. Post-shipment credit has to be liquidated by the proceeds of export bills received from abroad in respect of goods exported.The exporter has the following options at post-shipment stage:i. To get export bills purchased /discounted / negotiated;ii. To get advances against bills for collection;iii. To receive advances against duty drawback receivable from Govt.The exporter has the option to avail of pre-shipment and post-shipment credit either in rupee or in foreign currency. However, if the pre-shipment credit has been availed in foreign currency, the post-shipment credit has necessarily to be under EBR Scheme since foreign currency pre-shipment credit has to be liquidated in foreign currency. The details of pre-shipment and post-shipment credit in foreign currency are mentioned below.


Related questions

What could proof of lodgement of banking?

Bank receipt


What is a late lodgement?

Late Lodgement is a receipt written in cash book but was paid to the bank after the bank statement was prepared. Hence, it does not appear in the bank statement that was prepared before the receipt was paid to the bank.


What is e2 lodgement process?

This is e'mirsal -2 - doing online process of dubai customs formalities.


What is an uncredited lodgement?

Uncredited lodgment is an uncredited check. It means the payment or deposit has not been credited to the account yet.


What Time When I Have To Protect My Costumers Interest?

An agent's service is vital specially during lodgement of claim (death or maturity). During normal circumstances, after-sales service through out the year is necessary pre-condition, for which an agent is paid commission.


If the seaborne invasion of Normandy wasn't a success what would have happen to the airborne troops?

If Allied troops landing on the beaches were unable to achieve a lodgement at Normandy & likewise unable to link-up with the Allied Airborne troops further inland, then the Airborne troops would have been defeated and eventually killed & captured.


What are some nine letter words with 3rd letter D and 4th letter G and 7th letter E and 9th letter T?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 2 words with the pattern --DG--E-T. That is, nine letter words with 3rd letter D and 4th letter G and 7th letter E and 9th letter T. In alphabetical order, they are: judgement lodgement


What are some nine letter words with 1st letter L and 7th letter E and 8th letter N?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 8 words with the pattern L-----EN-. That is, nine letter words with 1st letter L and 7th letter E and 8th letter N. In alphabetical order, they are: latescent leaderene lengthens leptotene lilangeni lineament lodgement lutescent


What are some nine letter words with 1st letter L and 4th letter G and 7th letter E and 9th letter T?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 2 words with the pattern L--G--E-T. That is, nine letter words with 1st letter L and 4th letter G and 7th letter E and 9th letter T. In alphabetical order, they are: laughiest lodgement


What is a bifid tongue and how is it treated?

bifid tongue is also known as cleft tongue.it is a congenital defect i.e present since birth cleft tongue is a cleft running either horizontally or vertically over the tongue (more often vertically) . this cleft may either be complete or partial . in case of complete clefeting the tongue would be divided into two parts , thereby giving the characteristic bifid tongue In case of partial clefting the tongue would only have a groove like depression thereby causing problems such as food lodgement.


What are some nine letter words with 2nd letter O and 3rd letter D and 7th letter E?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 18 words with the pattern -OD---E--. That is, nine letter words with 2nd letter O and 3rd letter D and 7th letter E. In alphabetical order, they are: bodeguero bodycheck bodyshell codifiers codrivers dodderers dodginess fodderers godliness godparent godspeeds lodgement modellers modernest modestest modifiers podginess yodellers


What are some nine letter words with 1st letter L and 2nd letter O and 5th letter E?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 20 words with the pattern LO--E----. That is, nine letter words with 1st letter L and 2nd letter O and 5th letter E. In alphabetical order, they are: loadening loaferish lodgeable lodgement lodgepole loiterers loitering longerons longevity longevous looseners looseness loosening loppering lothefull lotteries loudening lousewort lownesses lowsening