Remittance management system of Agrani Bank Limited

Abstract

This report is prepared to fulfill the necessity of BBA program of BRAC University on “Remittance Management System of Agrani Bank Limited”. I have chosen Agrani Bank Limited because it is one of the largest financial organization in Bangladesh. It has a great financial impact over the country. It provides some crucial portion of funding to some income generating and economic development projects namely Poverty alleviation, Credit program, and Agro-based Industrial Credit program in the rural areas, it has a large participation in foreign remittance earning and off-balance sheet activities. I am also a proud member of Agrani Bank Ltd, Amin Court’ Corporate Branch, Dhaka which also help me to collect all information properly to find out the actual foreign remittance scenario of Bangladesh and mainly through Agrani Bank Ltd. The main focus of this study is to highlight and analyze the Inward Foreign Remittance condition, year-wise, country-wise analysis, discussion of different source of remittance of Agrani Bank Ltd, Remittance Management System (RMS) & distribution process etc. In this report I also includes a new process for Agrani Bank Limited to process and credit the foreign remittance within 8-24 hours to the beneficiary accounts. Here I tried my best to focus on the overall scenario of Foreign Remittance management in Agrani Bank Limited. This study has covered in several sections. In the first section, it is the overview of the industry. In the second section, it consists of organizations parts. The third section is all project part. And the fourth chapter deals with the foreign remittance overview, after that, in fifth chapter it covers the remittance management system in ABL and the SWOT analysis.