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STATE BANK OF PAKISTAN FE MANUAL CHAPTER 13Filing of Bank Debit Advice (BDA) in PSW in Simple wayFor Import Payment Bank Debit Advice Required for Import financial instrument through EDI with PSW.For Import open account BDA must be file within one year on PSW system.For Extension in time for open account payment authorize dealer on behalf of importer shall approach Foreign Exchange Operations Department, (FEOD) SBP (BSC) Bank, Karachi.After extension authorize dealer shall follow up with the importer.Incase of unsatisfactory response by importer case shall be referred to FEOD for initiating regulatory action against the importer.

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AIRWAY TRACKING PROCESS TYPOLOGIESBKD = Shipment BookedDEP = Shipment DepartedDLV = Shipment DeliveredMAN = Shipment ManifestedNFD = Shipment Notified For DeliveryRCF = Shipment Received From FlightRCS = Shipment Received From Agent or Shipper

State Bank of Pakistan TBML RED FLAGS in Simple Way1. Underlying contract prices are not matched with Fair Market prices. 2. Differences of Goods description found in transport documents and underlying contracts. 3. Differences of Goods description found in BL and invoice. 4. Goods description deliberately disguise. 5. Tenor of Transaction has no sense. 6. LC receive from unverified channels like RMA. 7. Shipment type doesn't match with Importer or Exporter consistent activity. 8. Shipment doesn't match with Size of Importer or Exporter. 9. Inconsistent Packaging of Goods. 10. No Sense of Transhipment. 11. Trade with high risk countries. 12. Third party payment without any connection. 13. Advance Payment for new supplier from high risk countries. 14. Consecutive trade discount for same importer. 15. Amend and Extend Letter of credit. 16. Shipment does not make against Advance Payment. 17. Shipment does not received against Advance Payment.18. Hiding true parties by using front/shell companies. 19. Dual use goods mentioned in Trade documents. 20. No Sense of Transaction as oil import by Saudi Arabia. 21. Incomplete commercial invoice. 22. Provide photo copies instead of original shipping documents. 23. Good declaration is not mentioned/ incomplete in commercial invoice. 24. Payment receive from Non cooperative countries for third country shipment. 25. Third party business doesn't match with exporter line of business. #TBML#AML#COMPLIANCE

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The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.

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