Strength and weakness of Foreign Exchange Transaction:

As an authorized dealer of Bangladesh Bank, Pubali Bank Limited, Dargagate Branc
h has to compile with BB. Bangladesh Bank strictly monitors this aforesaid branc
h frequently. The exchange rate of Pubali Bank stays reasonable which influence
importers to open LC from Pubali Bank Limited. As an authorized dealer of Bangla
desh Bank, the aforementioned branch has all the foreign exchange transaction fa
cility as well as others services for the customers. Besides, Pubali Bank has th
e good reputation in foreign exchange transactions dealing because they have bee
n serving and satisfying the customers from more than 50 years or so. And Export
ers and Advising Banks trust and accept Pubali bank than any other Bank. On the
other part, importers or applicants get discourage sometimes to open LC due to f
oreign exchange rate fluctuations. For which sometimes price gets higher and imp
orters has to pay more their business commodities in the form of local currency
equivalent to dollar. Sometimes, LC documents receiving and payments take more t
imes than necessary due to some unavoidable circumstances.
Beside, the PBl, dargagate branch do not have SWIFT for quick connection with fo
reign banks to transfer message or LC ionformation. In this regard, the branch h
as to take help from its PBL, Sylhet Branch. Moreover, Pubali Bank does not have
Foreign Branches to correspondences and deal with advising/negotiating Bank. Fo
r this reason, Pubali bank has to take help from reimbursing Bank and other exch
ange company to correspondence and negotiate. However, considering the facts of
advantages and limitation in foreign exchange dealings of Pubali bank, the bank
itself carries its services to the nation and worldwide with utmost satisfaction
of the customers.

Suggestions:
Pubali Bank can open foreign branches to satisfy exporters, negotiating Bank and
foreign remittance senders. The branch can arrange SWIFT machine to satisfy cus
tomers and related parties. Moreover, the branch may arrange training frequently
on foreign Exchange transaction for the employee to get better output.