Foreign trade procedure of the Premier Bank Limited

Abstract

This report on “Foreign Trade Procedure of the Premier Bank Limited” is submitted to Dr. Suman PaulChowdhuryon 18 December 2018. This report is prepared as a requirement of internship program. I have worked in the The Premier Bank Limited, Head Office from 2014 , September, I had the opportunity to do different types of tasks related to foreign trade, which broadened my perception about The Premier Bank Limited's operation. During this period, I have observed and gained experience about various banking functions and day-to-day operation regarding the foreign trade. The Premier Bank Limited is incorporated in Bangladesh as banking company on June 10, 1999 under Companies Act.1994. Bangladesh Bank, the central bank of Bangladesh, issued banking license on June 17, 1999 under Banking Companies Act.1991. The Head Office of The Premier Bank Limited is located at Banani, one of the fast growing commercial and business areas of Dhaka city. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets. The senior management team is ably supported by a group of professionals many of whom have exposure in the international market.Being parallel to the cutting edge technology the Bank is offering online banking with added delivery channels like ATM, Tele-banking, SMS and Net Banking. And as part of the bank's commitment to provide all modern and value added banking service in keeping with the very best standard in a globalize world. Since beginning, the bank acquired confidence and trust of the public and business houses by rendering high quality services in different areas of banking operations, professional competence and employment of the state of art technology. Thus, the objective of my study has been to find out the foreign trade on bank’s current level of online service and to recommend some necessary short term and strategic plans to ensure quality service.