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.
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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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1814309665561903104 |