An Analysis of the Foreign Exchange Operations of Uttara Bank Limited: A Study on Amin Bazar Branch

Abstract

An internship program is very important and essential for acquiring experience through learning and spreading the scope of knowledge. In this report I have explained about the Foreign Exchange Operations of Uttara Bank Limited, the background of the study, what methodologies have been used, what are the findings and what steps should be taken to solve the problems. This report has been made to To identify foreign exchange activities of Uttara Bank Limited, Amin Bazar Branch, to analyze the foreign exchange operations of Uttara Bank Limited, Amin Bazar Branch, to identify problems related to the foreign exchange operations of Uttara Bank Limited, Amin Bazar Branch. Uttara Bank accept restricting together and arbiter occupations between hold tasting and reserve troublesome sides of the overall population, executing saving and contributing limit. Due to enter work in the economy, while working under the norms of benefit and productivity, bank is obliged to obey moral standards of dealing with a record calling and legitimate good the setting aside extra cash premise expect a basic employment in the economy, and the development of the banks are in like manner pivotal to the achievement of national financial enhancement targets of giving safe house, establishment and business.There is a shortage of employee. They are always in pressure. Due to shortage of employees, customers can’t get quick service. Little application of modern technology such as computer and internet. Insufficient usage of modern faculty like communication technology. In foreign exchange department it is required to communicate with foreign banks frequently and quickly. To make the process easily modern communicate media but the bank has not much practice of using modern.UBL should have hired more employee for reduce the pressure of employee and give better service to the customers. Foreign exchange operation is more dynamic, less timeconsuming and challenging job for a bank. Uttara Bank Ltd. should pay more attention to cope up with modern facility to face the challenges. Moreover, attractive incentive package for the exporter, this will help to increase the export and accordingly it will diminish the balance of payment gap of UBL