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Forex (Foreign Exchange)

Contents of Forex Section:


Page Title
Particulars

Details of various Forex facilities available to residents in India.

A brief introduction to Forex markets.

Different types of trading in Forex markets.

Different Quotes (rates) used for trading in Forex markets.

Glossary of commonly used terms in Forex Market.

International Commercial Terms and their meaning.

Information on various terms used and their meaning in issuing, advising, negotiating and discounting Letter of Credit (LC) / Documentary Credit.

Section-wise details of Uniform Customs and Practices for Documentary Credits ( UCP 600 ) followed by banks internationally while dealing in Letter of Credit (LC) / Documentary Credit.