国际结算英文课件

国际结算英文课件

International SettlementLecturer: shao xinli

国际结算英文课件

Course teaching goalThis course is designed to help students to understand the fundamentals and basic methods of international settlement, grasp the basic skill of the international settlement practice operation. Its primary aim is to realize the purpose that " learn, realize and get it".

国际结算英文课件

International Settlement International Settlement : An Overview Instruments of payment Remittance & Collection Letter of Credit Documents Bank’s letter of guarantee International Factoring International Forfaiting

国际结算英文课件

Chapter OneInternational Settlement An Overview

国际结算英文课件

Teaching purposeFind out about the concept, developing history and system of international settlement; grasp the concrete conditions of international settlement.

国际结算英文课件

Focal and difficult pointsThe historical development of international settlement and its system; the fund clearing systems in major international financial centers.

国际结算英文课件

Key termsSettlement, International Trade Settlement,"Cargo Documentation", "Performance Certification", Control Documents, Correspondent Bank, Bank Account.

国际结算英文课件

Content of Chapter OneWhat is “International Settlement”The history of development of International Settlement Condition of International Settlement

国际结算英文课件

§1.1 What is“International Settlement”Commodity Production

Exchange of commodity

Circulation of Commodity Circulation of Currency

国际结算英文课件

§1.1 What is “International Settlement”

SettlementTo pay an obligation

国际结算英文课件

§1.1 What is “International Settlement” Balance of payment : Current account Goods Services Income current transfers Capital & Financial account capital item financial item

国际结算英文课件

§1.1What is “International Settlement”

International Settlement

Financial activities conducted amongdifferent countries in which payment are transferred from one country to another , in order to settle accounts, debts, claims, etc. emerged in the course of political, economic or cultural contracts among them.

国际结算英文课件

§1.1What is “International Settlement”

International Trade Settlementfinancial activities arisen from international commercial transactions.

International Non-trade Settlementfinancial activities across the borders generated in the course of other economic,political and cultural contracts.

国际结算英文课件

Key issues in international settlement: Who bears the credit risks? Who finances the transaction? Who will bear transportation costs and

risks?

In what currency will payment be made? What are the political and legal risks? What are the costs of each method of

financing and payment?

Etc...

国际结算英文课件

§1.2 The history of development of International SettlementFive Step Features: A. From Cash Settlement to Non-cash Settlement

B. From buying and selling of commodityto doing of documents

C. From direct settlement among

business men to indirect settlement through banks

国际结算英文课件

§1.2 The history of development of International SettlementD.

From simple trade term to complicatedtrade which connected with both delivery of goods and payment of proceeds

Five Step Features:

E. From paper documents to electronicdocuments