Abstract
The banking sector is participating in many events on a daily basis. Conversely, the process of banking is become faster, simpler, and more universal all at the same time. They're constantly coming up with various ideas and products to meet customer demand. Banks and other financial services organizations all search for service improvement opportunities in order to gain a competitive advantage in the financial sector. As a result, every person has a banking procedure they should know about. In accordance with their goal, Southeast Bank Limited believes in building together towards tomorrow. To accomplish the goal of getting more customers, the bank demonstrates excellence in all stages while also fostering continual development. With this fast changing competitive climate, banks' strategic plans and networking will help them keep pace with the competition. The overall objective of this research had represented the foreign exchange performance of import, export and foreign remittance of Southeast Bank Limited. This paper examined about import, export and remittance performances have been analyzed and find out some problems relating to foreign exchange activities. Finally this research finished with some possible recommendation and concluding remark of the study.
Highlights
When it comes to producing particular goods, every country has its natural advantages and disadvantages
The policies of one country require that that country import specific goods whereas the policies of another country require that the country export its surpluses
With all of the recent development in the field of banking, private commercial banks are merely waiting for new customers
Summary
When it comes to producing particular goods, every country has its natural advantages and disadvantages. To understand this finding, think about the economic policies of two different countries. There are three major definitions of the word “Foreign Exchange.”. It is a word that is used to refer to currencies of other countries, such as referring to the currencies of only one of them Trade instruments such as Bills of Exchange, drafts, travelers Cheque, and other types of foreign remittance are usually referred to as bearer instruments. A third definition of foreign exchange, in addition to the previous two, is that it is known as the balance in foreign currencies owned by a country.
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