Central Trade Services Unit (CTSU)

CTSU is working as a service center of the Non-AD Branches of the bank for trade services, i.e. import, export, guarantee, inward remittance, outward remittance and trade advisory services. Day by day it has reached to almost all the Non-AD branches with it's good trade services and became a comfort zone of the branches. For this reason CTSU achieved more than 50% acceleration in 2017 compare to 2016 in all aspects of trade services i.e. Import, Export, Remittance, Guarantee etc.

Regular Trade Services Products:

• Letter of Credit (LC)/Documentary Credit (DC)
• Back-to-back Letter of Credit
• Shipping Guarantee
• Delivery Order
• Letter of Indemnity (LOI)
• Export LC (Advising & Transfer)
• Letter of Guarantee
• Import Bill Handling
• Export Bill Negotiation / Collection
• Inland Bill Purchase / Collection
• Inward Remittance Processing
• Outward Remittance Processing

Special Services:

• EDF Loan facility
• Processing of Cash Incentive Files
• Seeking Bangladesh Bank Approval for outward/inward remittance and for Special type of LCs
• Hajj / Umrah remittance
• Opening of Students File
• Branch and Customer Visits
• Arrangement of workshop n Seminar on Trade Services

Regulatory Reporting:

• CTSU do the Monthly Returns and statements to Corporate Office and Bangladesh Bank.
• Service with compliance is the main theme of CTSU.