Southeast Bank Training Institute organised a daylong workshop titled "Meet with the Trade Leaders" recently to enhance the professional knowledge of bank officials on cross-border transactions and regulatory compliance.

The workshop focused on key areas, including the bank's commitments in foreign payments and acceptances, turnaround time (TAT), export credit agency (ECA) facilities, and operational efficiency in foreign exchange transactions, according to a press release.

It also addressed correct data incorporation in letters of credit (LCs), purpose codes, country codes, HS codes, and IMP reporting.

While inaugurating the workshop, Southeast Bank Managing Director Nuruddin Md Sadeque Hossain emphasised the importance of timely execution of foreign payments, accurate reporting, and regulatory compliance.

Md Jahangir Kabir, head of International Division, along with senior officials from the FI, Offshore Banking, and Central Trade Services Department, also attended the session.

A total of 32 officials from different branches participated in discussions on outstanding LCs, overdue bills, proactive banking responses, and repatriation of export proceeds.