Cloud Computing: Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurab...

Islamic Banks Liquidity Facility (IBLF)  A. Objectives To aid the liquidity management and deepen the financial system, Bangladesh Bank is ...

What is an escrow account? An escrow account is an account where funds are held in trust whilst two or more parties complete a transaction. ...

ICRRS( Internal Credit Risk Rating System): Internal Credit Risk Rating System refers to the system to analyze a borrower's repayment...

Ransomware is a type of malware that accesses a victim’s files, locks and encrypts them and then demands the victim to pay a ransom to get ...

What is an Aquifer? An  aquifer  is an underground layer of water-bearing permeable rock, rock fractures or unconsolidated materials (grav...

A  lithium polymer battery , or more correctly  lithium -ion  polymer battery (abbreviated variously as  LiPo , LIP, Li-poly and others), is...

An accelerometer is a  sensor  that measures the amount of acceleration in a device or a project. A  G - Sensor  measures the amount of tilt...

A  proximity sensor  is a  sensor  able to detect the presence of nearby objects without any physical contact. A  proximity sensor  often em...

An  accelerometer  is an electromechanical device that will measure acceleration forces. These forces may be static, like the constant force...

USB On-The-Go, often abbreviated to USB  OTG  or just  OTG , is a specification first used in late 2001 that allows USB devices, such as dig...

What is a Standby Letter of Credit(SBLC)? A Standby Letter of Credit (SBLC) can be considered as equivalent to a demand guarantee fro...

What is a Bank Guarantee? A bank guarantee may be defined as a written undertaking by which a bank, at the request of its customer (th...

Import: 1. Approval from Head Office(if required) 2. IRC checking/original copy of IRC/genuineness and its validity/checking payment of IR...

General Banking   Indemnity: Indemnity nj Ggb GK Pzw³ hv‡Z GK c¶ Avi GK c¶‡K ¶wZi nvZ †_‡K i¶vi AsMxKvi K‡i| †PK nvwi‡q †M‡j, bKj wWwW...

A resident is a person bank or firm who/which resides in Bangladesh. A non-resident is a person, bank or firm who/which resides outside B...

What is meant by Deposit Insurance Trust Fund (DITF)? In accordance with the provision of the "Bank Amanat Bima Ain 2000 (The Bank Depo...

What is DIS? Deposit Insurance Systems is an institutional initiative to protect depositors against the loss of their deposits in the event...

Spot Market:  Where exchange of one currency for another currency being happened on the spot or within two Banking days. Forward Market: ...

EXP Form means Export Form which is used to export any commodity to abroad. It is a prescribed form by Bangladesh Bank in Appendix 5/19 of G...