Southeast Bank training institute hosts trade leaders workshop

The primary objective of the workshop was to enhance the professional knowledge of Bank officials to ensure regulatory compliance, emphasising Cross-Border Transaction Issues, the Bank's Commitment to foreign payment/acceptance, Turnaround Time (TAT), Expanding the Horizon of Export Credit Agencies (ECA), Operational Excellence of foreign exchange transactions, and Enhancing Efficiency in Returns and Reporting.

The workshop highlighted the importance and critical areas for improvement of different issues, including correct data incorporation in LC details, Purpose Codes, Country Codes, HS Codes, IMP reporting, regular monitoring of outstanding LCs, overdue bills, proactive bank responses, record-keeping, and repatriation of export proceeds. It also emphasised the complete and timely uploads in the IMP module, compliance issues for timely payments, and regulatory reporting.

The honourable Managing Director of the Bank, Mr Nuruddin Md Sadeque Hossain, inaugurated the workshop with an insightful speech. In his remarks, he urged the participants to realise the importance of timely execution of foreign payments, accurate reporting, and diligence and expertise in performing their responsibilities. 

Mr. Md. Jahangir Kabir, the Head of the International Division, Senior Officials from FI, the Offshore Banking and Central Trade Services department, the Head Office, and Ms. Sayma Banu, the Director of Training, attended the workshop.
32 officials from different branches of the Bank participated in the workshop. Southeast Bank is committed to organising similar training programmes to enhance its officials' professional skills.