You will hear a bank conversation between a department director Steve and a

Man: Hello, Hansa. Just now Mr Kukreti called and he asked me to show you around this bank branch and explain to you the bank operations and bank procedures. I was just going to the bank hall myself and I’ll take you along with me.
Woman: Thank you. I hope I won’t be too much of a nuisance. I really don’t know anything about banking. I want to open new checking account.
Man: Don’t worry. You will learn checking banking as you get to handle the work assigned to you. This company used to bank with the Great Bank, and now it banks with the Great National Bank at Central Street, but it’s planning to cooperate with the Great International Bank in the future. Everyone at the bank is very helpful. Come, let’s go. It isn’t too far and we can walk to the savings bank account section.
Woman: What do we have to do at the bank duty?
Man: We deposit check and cash earned at the store with the bank between twelve and one every day. First you go to the store cashier and collect the money to be deposited from the cashier. He also gives you payslips for the cash deposit.
Woman: I have a savings bank account of my own. I know that one hands in the pay in slip and the bank cheque to be deposited to the clerk dealing with one’s account. He receives bank cheque and stamps one part of the pay in slip and returns it to you.
Man: Right. The procedure is the same except that in the case of the store, where there are so many transactions every day, we have a checking bank account into which the bank cheque and cash collection is deposited. There is another thing you have to remember. The cash and bank cheque deposited are entered on different pay in slips. The cash deposited is presented to the cashier and not to the clerk.
Woman: What kinds of documents will be required to be deposited at the bank?
Man: You see, Rama’s Store has a large export business. We send consignments of fashion garments to a company in Britain. This British company has opened a "letter of credit" in favour of Rama’s store at the Great National Bank. But the money is paid to Rama’s store only when the consignment is actually shipped to Britain. You’ll have to present the shipping documents to the bank from time to time. When shipments are made so that Rama’s store’s account may be credited with the payment for the consignment of fashion garments ordered by the British firm.
Woman: This sounds complicated. And where do I do all this? ’
Man: There is a separate department in the bank dealing with international trade. Then, there is a Foreign Exchange too.
Woman: Yes. At times, some of our customers pay us by Traveller’s cheques or with Foreign Exchange department. The store has to deposit this Foreign Exchange earned by it, with the bank within twenty four hours.
Man: Where do you buy Foreign Exchange for the Foreign travel of your Executives?
Woman: I do not know about Foreign travel. It is handled by the Export department.