Foreign exchange activities: a study on Southeast Bank Limited

This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.

Bibliographische Detailangaben
1. Verfasser: Rahman, Afifa
Weitere Verfasser: Siddiqui, Sayla Sowat
Format: Internship report
Sprache:English
Veröffentlicht: Brac University 2024
Schlagworte:
Online Zugang:http://hdl.handle.net/10361/23068
id 10361-23068
record_format dspace
spelling 10361-230682024-06-03T21:05:33Z Foreign exchange activities: a study on Southeast Bank Limited Rahman, Afifa Siddiqui, Sayla Sowat Brac Business School, Brac University Southeast Bank Ltd Foreign exchange Banks and banking--Bangladesh. Foreign exchange. This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023. Cataloged from the PDF version of the internship report. Includes bibliographical references (pages 57-59). Southeast Bank Ltd is one of the prominent banking sectors, renowned for their contributions to both the domestic and international money markets. Their products are helping them expand rapidly towards their ultimate goal: a brighter tomorrow. The modern economy of Bangladesh relies heavily on international trade, making the Southeast Bank an indispensable institution. Because they are exceptionally proficient in foreign exchange and are always striving to enhance themselves in this area. This paper details the ways in which SEBL's excellent business practices and consumer goods contribute to the health of the American economy. Banks that deal in foreign exchange are the unsung heroes of any country's economy. It's true that we don't get to witness their efforts firsthand, but rest assured that they are always at work behind the scenes. For importers and exporters, Foreign Exchange's Letter of Credit (LC) processing is a crucial service. Additionally, they facilitate both international and domestic money transfers, as well as the local currency conversion procedure and related services. My pre-internship impression of the banking industry was very different from my current one. If a closer look is taken, opening an LC entail little more than compiling a few documents and submitting them. In reality, after completing the paperwork, hardly much time is saved. The bank must first transmit the required paperwork to Bangladesh Bank for further verification before sending it on to the branch, at which point swift will be updated with the relevant information in order to open the LC. I was able to learn a lot and get invaluable experience from my superiors, which will serve me well in my future career. Afifa Rahman B. Business Administration 2024-06-03T03:58:30Z 2024-06-03T03:58:30Z 2023 2023-09-20 Internship report ID 19104057 http://hdl.handle.net/10361/23068 en Brac University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 59 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic Southeast Bank Ltd
Foreign exchange
Banks and banking--Bangladesh.
Foreign exchange.
spellingShingle Southeast Bank Ltd
Foreign exchange
Banks and banking--Bangladesh.
Foreign exchange.
Rahman, Afifa
Foreign exchange activities: a study on Southeast Bank Limited
description This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.
author2 Siddiqui, Sayla Sowat
author_facet Siddiqui, Sayla Sowat
Rahman, Afifa
format Internship report
author Rahman, Afifa
author_sort Rahman, Afifa
title Foreign exchange activities: a study on Southeast Bank Limited
title_short Foreign exchange activities: a study on Southeast Bank Limited
title_full Foreign exchange activities: a study on Southeast Bank Limited
title_fullStr Foreign exchange activities: a study on Southeast Bank Limited
title_full_unstemmed Foreign exchange activities: a study on Southeast Bank Limited
title_sort foreign exchange activities: a study on southeast bank limited
publisher Brac University
publishDate 2024
url http://hdl.handle.net/10361/23068
work_keys_str_mv AT rahmanafifa foreignexchangeactivitiesastudyonsoutheastbanklimited
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