Internship study on Foreign Exchange Operation: A Study on BASIC Bank Limited This study aims toward supplying an overview on the Foreign Exchange operation Bank Asia Limited. The study is prepared within the broader model of Department of Banking. While discoursing the different facets and maps of the bank. precedence has been given to picture the existent state of affairs every bit far as assessment and direction system in Bank Asia Ltd. are concerned by using the experience gathered during the internship plan. Analysis on the findings is fundamentally done to screen out the major facets of the Foreign Exchange Banking system and to pull some important illations. At the same clip for easier apprehension of the study. back uping subjects and footings are explained in visible radiation of text editions and regulative guidelines.

To analyze the efficiency of the Export direction system. Letter of recognition has been taken as the premier factor. Simultaneously analysis on the foreign exchange. foreign LC advising has besides been done. Utmost attention has been given to explicate all necessary facets related to the capable affair for easier and speedy apprehension of the study. For reflecting the existent public presentation of the bank different analytical tools is used i. e arrested development analysis. analysis of hazard index and chance of insolvency. ration analysis etc.

1. 1 Background of the study:
1. 2 Statement of the Problem:

As a blend of development and commercial banking BASIC Bank provides it’s clients with full scope of service to assist them turn their assets and net worth. This bank offers term loans to clients. particularly to develop little graduated table endeavors. aggregation of sedimentations. short term trade finance. working capital finance in processing and fabricating units and funding and easing international trade. Coping with the competitory and quickly altering fiscal market of the state this bank maintains close connexions with its clients. the regulative governments. the stockholders ( the authorities of Bangladesh ) . other Bankss and fiscal establishments.

BASIC Bank provides different types of foreign exchange installations to clients through this it facilitate export. import. exchange traffics etc. For the last few old ages this service sector sing a terrible competition with other Bankss who besides offering same types of foreign exchange installations and advanced bundles to clients. Coping with the competitory and quickly altering fiscal market of the state this bank maintains close connexions with its clients. the regulative governments. the stockholders ( the authorities of Bangladesh ) . other Bankss and fiscal establishments. Then there is besides an consequence of universe fiscal crisis on foreign exchange section that is observed on the fiscal statement of 2009.

1. 3 Objective of the Survey:
General Objective:
The general aim of the study is to cognize about the International Trading system of BASIC Bank Limited as a private commercial bank every bit good as its formation. and its functional. operational. and fiscal facets.

Specific Aim:
O
O Describe the different types of documental recognition and the item procedure of opening missive of recognition and its colony process. O Procedure of colony different types of inward and outward remittal such as FDD ( Foreign Demand Draft ) . FTT ( Foreign Telegraphic Transfer/ Both inward and outward ) and TC etc. O Five old ages public presentation analysis of the shantinagar Branch through different charts. O Overall public presentation analysis of the bank through ratio analysis. arrested development analysis. tendency analysis. SWOT analysis. computation of chance of insolvency and through different types of line. saloon and pie charts. O SWOT analysis of foreign exchange section.

O Different types of Torahs associating to the operation of foreign exchange section. O Finally to place jobs and to supply some suggestions for the betterment of all minutess & A ; other services of BASIC Bank Ltd.

Annual study of Bank Asia Web shoping Diaries and Books

1. 5 Restrictions of the Survey:
The major restrictions of this study are as follows:
u Relevant day of the month and papers aggregation were hard due to the
organisation confidentiality. u Non handiness of informations in a systematic manner.
u Non handiness of the mention book is another restriction. u Bankers are so busy and that’s why employees get really small clip to learn theoretical cognition to the trainee.

To larn about foreign trade activities i. e. Export & A ; Import To cognize about how to publishing L/C. Reding L/C etc. To be acquainted with the Export & A ; Import required paperss. The effect procedure of Conveying L/C. L/C amendment. & A ; Lodgment system. To acquire a practical cognition Bachelor of Arts out Export process and the system of foreign remittal.