A customer of a bank is a person who has an account with a bank is said to be the customer of a bank. It is not possible to make a person a customer of a ...

List of main types of banks are: Commercial banks: Such banks are owned and controlled by Government or may be run in a private sector. This ...

Relationship between a banker and a customer may be: Contractual relationship: Due to the contract between the two, this relationship is said to be the ...

Banker: A person who in the ordinary course of his business honors cheques drawn upon him by persons from and for whom he receives money on current ...

Bank is an institution which accepts deposits from public repayable on demand and invests or lends the money. It also provides various other services to its ...

Bill of Entry: It is a document showing the details of goods imported. The custom authorities determine the amount of import duty on this basis. It is ...

Documents against Acceptance: Along with bill of exchange drawn on the importer, exporter sends certain documents with specific information or instructions ...

Bill of Lading: It is a document that shipping company issues and helps in acknowledging the receipt of goods on board the ship. Terms and conditions on ...

Mate's Receipt and Shipping Order: Mate's Receipt is a document issued to the captain or mate  when an exporter loads goods directly in the ship. It is ...

An export transaction has to pass through the following stages: Receives an inquiry: The first step in an export transaction is the receipt of an ...

Wholesaler is the one who is engaged in wholesale trading. He acts as a middlemen between producers or importers on one hand and retailers or industrial users ...

Services to manufacturers: Wholesalers usually place an order with the producers in order to get the goods produced by him. Producers don't have to go for ...