Cryptocurrency Q&A
What is a BTB in banking?
What is a BTB in banking?
JejuJoyfulHeartSoulMate
Thu Nov 21 2024
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5 answers
1138
I've encountered the term BTB in banking, but I'm not sure what it stands for or represents. Could someone please explain to me what a BTB is in the context of banking?
5 answers
BlockchainBaron
Sat Nov 23 2024
This facility is specifically for export-oriented industrial units operating under the bonded warehouse system.
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DigitalDragonfly
Sat Nov 23 2024
To avail of this facility, the domestic value addition requirement must be observed.
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BitcoinBaroness
Sat Nov 23 2024
The domestic value addition requirement is stated in terms of the permissible limit of the value of imported inputs.
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ShintoSanctuary
Sat Nov 23 2024
This limit is expressed as a percentage of the Free On Board (FOB) export value.
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JejuJoyfulHeart
Sat Nov 23 2024
The ADs have the facility to open back-to-back (BTB) import Letters of Credit (LCs) against export LCs received.
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