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    Foreign exchange management system of Mercantile Bank Limited (Uttara Branch)

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    10264005.pdf (542.5Kb)
    Date
    2013-08-25
    Publisher
    BRAC University
    Author
    Naorin, Masuma
    Metadata
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    URI
    http://hdl.handle.net/10361/3148
    Abstract
    Banks are most active financial intermediary in today’s world. As a financial institution bank mainly operate to communicate among persons and effectively works as safeguard among them in this age globalization. In recent economy banks plays a vital role to entrust international trade, it’s quite impossible to commit international without help of banks and it also properly works to hedge away risk international traders. Banks operates most effectively to settle any transactions within different countries either trade purposes or personal purposes. This report tries to identify banks role foreign exchange management through evaluating foreign exchange operations of MBL, uttara branch. I examine different aspects foreign exchanges innovation, development, regulations and related work papers to identify its impact, position and usefulness as banking procedures. The report provides a general view on Mercantile Bank Limited, theoretical aspects related to international trade and foreign exchange transactions as well as gives idea about foreign exchange regulations used in Bangladesh to control related financial institutions. This study also tries to clarify the operating procedures of foreign exchange department of MBL as a commercial bank and also tries to identify some aspects of further improvement in operations. It may help us to provide a scenario of foreign exchange control system in Bangladesh and foreign exchange transitions procedures applied in Bangladeshi commercial banks.
    Keywords
    Business administration; Foreign exchange; Foreign exchange transactions; Outward remittances; Inward remittances; Risk management
     
    Description
    This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration,2013.
     
    Cataloged from PDF version of Internship report.
     
    Includes bibliographical references (page 106).
    Department
    BRAC Business School, BRAC University
    Type
    Internship report
    Collections
    • Internship Report, MBA (Brac Business School)

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