Finance

Determinants of Foreign Exchange Remittance of National Bank

Determinants of Foreign Exchange Remittance of National Bank

Primary purpose of this report is to analysis to determinants of Foreign Exchange Remittance of National Bank Limited. One of several important functions of the commercial banks on the banking sector is to undertake import of merchandise in the country and payment of foreign exchange towards the expense of the merchandise to the actual foreign suppliers. This research intends to investigate the effectiveness of foreign exchange division of NBL for receiving foreign remittance, one of the key banking service providers with Bangladesh. Basic objectives are of this report is to analysis Foreign Exchange Remittance policy and its problem and recommendation to over come.