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Essay text:
Citibank N.A. Bangladesh, being the correspondent bank of SAMBA, a well-known financial group of Kingdom of Saudi Arabia (KSA), has been offering remittance services to Bangladeshi Nationals residing in Saudi Arabia for the last 13 years.
1.1 Origin of the report
This report is the outcome of the study conducted as a term paper requirement for the course “Managerial Communication” in the 1st semester of the MBA program at Institute of Business Administration.
1.2 Problem and Purpose
• Analysis of the remittance trend in Bangladesh to understand current remittance scenario.
• Analysis of the illegal money transfer channels to better understand its effect on the formal money transfer channels
• Analysis of the entire remittance process and structure of Citibank N...
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