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Foreign exchange operation of a commercial bank of Bangladesh: a case of the Premier Bank Ltd, Kawran Bazar Branch

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dc.contributor.advisor Datta, Showvonick Arif, Md. Salehin 2014-03-06T09:37:55Z 2014-03-06T09:37:55Z 2013 2013-11-16
dc.identifier.other ID 11164012
dc.description This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration,2013.
dc.description Cataloged from PDF version of Internship report.
dc.description Includes bibliographical references (page 50).
dc.description.abstract Importance of banking system in a country is increasing day by day. It is quite impossible for any country to develop in industrial and commercial sector without sound banking system in modern economic era. Foreign exchange operation is one of the significant functions of the bank. It plays a vital role in overall economy of the country. Bank collects information from numerous sources relating to cost and revenue from foreign exchange operation. Through export, import, and foreign remittances Foreign Exchange department of the banks earns their profit. Banks is the intermediary of all export, import, and remittance activities. Globalization of national economies has given a boost to international trade. The seller and the buyer in an international trading transaction must agree for a product or its quality, price etc. enter into a sales contract, spelling out precisely shipping and delivery details, terms of payment, required documentation and other related issues including dispute settlement procedure and legal framework available. The impact on trade transactions currency policies of the importing and exporting countries and risks associated with them, fraud possibilities in the transaction or in documents are also necessary. A country cannot long continue to have a deficit on foreign current account but a favorable balance of payments on current account may conceal a heavy adverse balance of payments with one individual country or group of countries. Foreign Exchange Market allows currencies to be exchanged to facilitate international trade and financial transactions. After passing a lot of phases, present foreign exchange market has established and performing to benefit all the parties incorporated here. There are basically three players in the foreign exchange market of Bangladesh. Those are the Bangladesh Bank, authorized dealers, and customers. This paper discussed regarding the related issues of foreign exchange activities of The Premier Bank Ltd. en_US
dc.description.statementofresponsibility Arif MD. Salehin
dc.format.extent 57 pages
dc.language.iso en en_US
dc.publisher BRAC University en_US
dc.rights BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission.
dc.subject Business administration
dc.subject Foreign exchange
dc.title Foreign exchange operation of a commercial bank of Bangladesh: a case of the Premier Bank Ltd, Kawran Bazar Branch en_US
dc.type Internship report en_US
dc.contributor.department BRAC Business School, BRAC University M. Business Administration

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