FOREIGN EXCHANGE OPERATION: A STUDY ON EXIM BANK LIMITED

Abstract

At immediate EXIM guiding lonely region boundary rank and neoteric banks act an influential part in encourage stinting elaboration of a region. Banks contribute necessary funds from execution inconstant program under away in the procedure of economic development. They assemble savings of populous number of populate dispersed rude, imaginary. Dispersed total composed, profitable to communion trade confluence appraise increase. Remote Exchange Operation is an immense idea in banking division, which creates benefit and apparatus up monetary exercises of the nation. In this time of globalization and association countries the volume of outside exchange is developing by jumps and bound. So Operational Procedure of Foreign trade subject is increasingly compelling to assist developing with increasing our aptitude, information and demeanor in banking division. By directing limited time battles centering the complex business-upgrading benefits of remote trade, appropriately pursued the Export and rule of Bangladesh bank, framing a perpetual master bolster group, presenting charge card for fare and potential clients in regards to the problem free treatment of fare and import business, making the stage more easy to understand and acquiring some modified change the fare revealing framework, EXIM Bank can improve a recommendation in outside exchange what's to come. I was assigned to EXIM Bank of Bangladesh Limited, Narayanganj Branch. Details of Foreign Exchange Department and an accomplishment along with appreciate the annual gross amount of L/C open. The Bank’s total import and export business handled were $39.4million and $165.2 million respectively during 2018. I have taken all the reasonable care to ensure the accuracy and quality to make the report standard. And I believe that it has included all the necessary information to be relevant and reliable.