Course Details

Foreign Exchanges – An Introductory Module

Price(INR) 1400.00

Foreign Exchange – An introductory module
Duration : 4 hours

1. Introduction
  a. Overview of foreign exchange ( Forex ) business in India and its importance
  b. Role of Authorised Dealers(AD)
  c. Liberalisation , privatisation and globalisation effect on Forex
  d. Role of various association and regulators in Forex
  e. Role of Forex offices
  f. Foreign Trade Policy ( FTP) overview
2. Foreign exchange terminologies :
  a. Forex rates and quotes
  b. Balance Of Payment
  c. Nostro and Vostro account
  d. Current and Capital account transaction
  e. Governing rules on export transaction
  f. Realisation and repatriation of export proceeds
3. AD Obligation , Forex account and procedure :
  a. Obligations of AD
  b. Foreign Currency accounts
  c. EEFC accounts
  d. EDF SOFTEX procedure
4. Export procedures :
  a. Non Electronic Data Interchange ( EDI) port
  b. EDI port
    i. Export process
  c. Export through posts
  d. Service export
  e. Advanced received against export
  f. Export Document Processing and Monitoring System ( EDPMS)
5. Import procedure :
  a. General guidelines on import
  b. Remittances for import payment
  c. Advances remittances process
  d. Interest payment process on account of import
  e. Handling of import documents

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Founder & CEO

Academic Highlights

Mr. Praloy Majumder has a Post Graduate Diploma in Business Management (PGDBM) from the Indian Institute of Management, Calcutta.

Position in Company

Mr. Praloy Majumder is the founder of Disseminare Consulting and its Chief Consultant.

Key Expertise

Mr. Majumder has keen interest in broad range of subjects related to Risk and Credit. He is also a visiting faculty at IIMC, where he conducts sessions on Banking, Credit and Risk Culture in BFSI.


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