Foreign trade activities of Bank Asia Limited

Abstract

The development of a country relies mainly on the banking system especially in our country, Bangladesh. Therefore it has a hufe impace on economy badly. The country is really dependent on the banks. Thus, banks are really valuable in our country. . Now a days Bank Asia is popular and profitable business in Bangladesh. Foreign exchange activities is more crucial part in banking sector. The internship report focuses on the foreign trade activities. In foreign trades term covers both import and export sections and foreign remittance department consists of inward and outward remittance departments. All the relevant clauses and steps are tried to be mentioned as well. The report covers with a lot of information about Letter of credit i.e. classification of L/C, L/C opening procedure, L/C payments methods. Here we explained the export and import on bank asia along with foreign trade activities. Lastly the conclusion and recommendation explaination are provided.