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Showing posts with the label Inward Remittance

Foreign Exchange for Beginners

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Are you a newbie in the area of Foreign Exchange and International Trade Finance? If you are, this is a perfect place to start your lessons.    Many newbies have repeatedly searched for study materials on this topic, Foreign Exchange for Beginners. They never found a complete guideline. This section of my blog aimed to help them in this regard. In addition, this write-up will guide you through learning operational procedures in banking and international business.  Let us start with some ABCs of Foreign Exchange & International Trade. We will discuss some terms used in this track and their definitions. You will know what documents are required for what purpose. You will also find samples, examples, and references.  It will help students, bankers, and those who are involved in Trade Finance. Then, this blog will try to continue with the readers' interest.   What is Foreign Exchange? Before we reach a final definition, we must know the word Foreign Exchange. Th...