Search results for keyword: remittance
Shenzhen Development Bank Hangzhou Branch
Shenzhen Development Bank Hangzhou Branch Introduction
Shenzhen Development Bank Hangzhou Branch is a full-service commercial bank established in 1993 in Hangzhou, Zhejiang Province, China. It is one of the earliest combined internationalized city commercial banks in the city. As a large-scale co......
1031 
Oliver
Chongqing Second Light Industry Supply and Marketing Corporation
Chongqing No. 2 Light Industry Supply and Marketing Company is established by the City Government of Chongqing Municipality. It is an important foreign exchange earning enterprise that collects and distributes various commodities, primary products and cultural and educational supplies for import a......
Import payment
Import remittance
Importing goods from other countries is a common practice for many businesses today. An efficient way of making the payments for the purchases is via import remittance. An import remittance is a transfer of money from one bank to another bank to pay for a purchase of goods or se......
Balance of Payments Statistics System
International Payments System
The global economic system is highly interconnected, yet entwined with different currencies, structures, and laws. International payments systems exist to improve the efficiency, accuracy, and cost-effectiveness of moving money between different countries. These syst......
Anti-subsidy tax
Tax refunds, or unclaimed taxes, are funds that are due to individuals or companies but have not been claimed, or refunded, to the rightful owners. Through negligence, miscalculation, or just plain forgetfulness, billions of dollars in tax refund money goes unclaimed each year.
In the United Stat......
Electronic international settlement
International settlement is a specific form of remittance, which is used by foreign trade enterprises to pay and receive money to and from overseas. The aim is to solve the problem of cross-border financial payment and settlement, which is the payment of cross-border transactions between enterpris......
delivery duty unpaid
Delivery under the Unpaid Customs
Whenever goods are imported, the recipient is liable for the import duty and other taxes thereon. It is not mandatory for the recipient to make the payment of such taxes before taking delivery of the goods, however, if the import duty or other taxes are not paid ......
remittance
Online Money Transfers: Gaining Momentum Via Mastercard
Online money transfers (also known as remittance payments) are on the rise. According to the World Bank, global remittance payments totaled $596 billion in 2016, a 6.3% increase from the previous year. This impressive growth trend looks set ......
Escrow loan for export tax rebate account
Export Refunds Trust Loan
What is an export refund trust loan? An export refund trust loan is an alternative financing option for businesses that export goods and services. These loans are designed to help these businesses bridge the gap between the time of sale and the granting of a refund from ......
Stall Bank
Street Stall Banking in the United States
The concept of street stall banking refers to the practice of providing banking services on the streets in the United States. This type of banking has been around since the 1800s, when immigrants set up makeshift stalls to assist people in exchanging, rem......
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