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AMIT-53

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  FOREIGN OPERATION AT OVERSEAS BRANCH(BANK OF MAHARASHTRA) BY: AMIT KUMARSINDHUPRN-18020942053  LEARNING OBJECTIVE ã What forex operation are conducted at bank branch? ã What are the Services offered by overseas branch? ã Types of derivative contracts booked for customers ã What is Inward remittance and outward remittance? ã How Letter of credit is initiated?  WHAT FOREIGN OPERATION ARE CONDUCTED AT BANK BRANCH? ã Exchange of foreign currency ã Inward remittance ã Outward remittance ã Export credit facility using IEC code ã Opening of Letter of credit ã Risk management  SERVICE OFFERED BY OVERSEAS BRANCH ã NRI Banking ã Foreign Currency loan ã Foreign exchange traveler’s cheque ã Finance service to importer and exporter ã Treasury service ã EEFC & FCNR account remittance ã Correspondent banking services ã Derivative to hedge foreign transaction risk

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Sep 11, 2019
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