A Working Report on Remittance Unit of Dhaka Bank Limited from the Perspective on Mothijheel Corporate Head Office

Abstract

Dhaka Bank Limited is one of the fastest growing banks in our country and the bank is Contributing a lot to our economy with their banking operation since 1995. As a private Commercial bank, DBL is trying it's best to extend their service to the public. DBL, Motijheel Branch provides all kinds of commercial banking services to its customers. To be the premier financial institution in the country providing high quality products and services backed by latest technology and a team of highly motivated personnel to deliver exceIIence in Banking. Dhaka Bank (DBL) is a second generation, technology driven private bank with approximately 1% share of the US$11 billion foreign remittance market. In line with most private banks, Dhaka Bank has a small branch network, mainly located in urban areas. With an astounding increase of 23%, the last fiscal year has been a ground breaking successful one for Remittance flow in Bangladesh. The whole banking sector was focused to smoother mobilization of fund from the NRBs. DBL also intensified its Remittance operation for an easier transfer of the hard earned money of NRBs. As a resuh of its constant endeavor, DBL has channeled USD 374 Min to Bangladesh in last 3 year with the last year alone contributing USD 112 Min as remittance. Foreign Remittance Unit is an essential part in Dhaka Bank Limited. From here DBL collect fund from various exchanges houses and transfer the fund according to the demand of the client. For The foreign remittance DBL have dealing with different exchange houses. Dhaka Bank has directly engaged with 13 exchange house. These house are transfer there money through DBL to their client. The subject of report basically is Internship at Dhaka Bank Limited. To do the report at first I discussed some of the organizational information then I go for the remittance unit. Although the report is prepared with utmost care and responsibility, there must be some limitations of this report due to time constraints. But I tried my best to make this report creditable based on my academic training and experience.