HOW TO SELECT BANK IN EXPORT IMPORT BUSINESS

HOW TO SELECT BANK IN EXPORT IMPORT BUSINESS

In this video we will discuss about the criteria for selection of bank while starting a export import business.
1. BANK NEAR YOUR OFFICE / WORK PLACE


2. GOVERNMENT BANK WITH SWIFT CODE AND FOREX


3. BANK WITH GOOD STAFF HAVING SOUND KNOWLEDGE OF EXPORT IMPORT BUSINESS AND GOOD COMMUNICATION SKILLS


[LETTER OF CREDIT AND OTHER IMPORTANT RELATED THINGS TO INTERNATIONAL BUSINESS]


4. INTER BANK CHARGES AND ADDITIONAL BENEFITS


5. BANK WITH LESS TRANSACTION CHARGES


CHECK ABOVE 5 FACTORS WHILE SELECTION OF THE BANK IN EXPORT IMPORT BANK AND YOU WILL SEE ITS BENEFITS IN LONG TERM.


FOR ANY QUERY RELATED TO SELECTION OF BANK PLEASE COMMENT BELOW AND ALSO WHO ARE ALREADY IN BUSINESS PLEASE MENTION THEIR BANK NAMES WITH CITY IN COMMENT.




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