Analysis of L/C procedures of Mercantile Bank Limited

Abstract

Foreign Trade Operations are one of most profitable operations of Mercantile Bank Limited. I was assigned to Foreign Trade Division in MBL’s Gulshan Branch. There I have witnessed the L/C Operations of the bank and decided to write this comprehensive report on the topic. In this report, I have discussed foundations of L/C, L/C operations of MBL, discussed the parties involved, identified core categories of L/C, discussed nature of import L/Cs, described key jargons used in L/C operations.