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opening more current and savings deposit or low cost deposit and increas number of branches for serve customer easily anywhere in country.
Inward TT charges varies with different bank and countries (correspondent bank charges). Ask your bank what is the minimum charges of TT for each country. Ask your customer to send the TT for the net amount in local currency and let them bear the TT charges.
Budgeting for such charges depends on the number of TT received in the previous year (map it with your total sales revenue) and make a forecast for the next year.
the inwords transfer carges depends upon how much quntitiy purchased ,
so using economic order quintity formula we determine
1) Nos of optimal orders of entire requirements
2) ordering cost per order
3) carrying or storing cost per unit
hence we can determin the level at which all the above cost minmum
maintaing sufficient balance in account ,,
