Course Objective Course Description Course Requirements Prerequisites Classroom Etiquette Grading: Class attendance Tests/quizzes Final/Written exam
2. Types of international settlement
① International Trade Settlement ② International Non-trade Settlement: invisible trade financial transactions payments between governments others
Classhours 3 7 2 6 10 2 4
2
Keep quite.
All mobile phones must be turned off.
Reference books:
1. 吴国新主编，《International Settlements》，清华大学出版社， 2008年。
2. 苏宗祥主编，《国际结算》（第三 版），中国金融出版社，2004年。
international settlement
1. Correspondent banks
“a bank having direct connection or friendly service relations with another bank.”
1. Concept of International Settlement
the financial activities conducted among different countries in which payments are effected or funds are transferred from one country to another in order to settle accounts, claims and debts that have emerged in the course of political, economic or cultural contacts among them.
5. Characteristics of modern international settlements
Safe Convenient Quick Standard
1.2 Basis and conditions of international settlement
Correspondent banks Some organizations relevant to
INTERNATIONAL SETTLEMENTS
Teaching materials:tjfsu09@ Password:09tjfsu My Email Address: nkcindy@ My Cell-phone Number: 13820530619
Course Guidelines
10% 20% 70%
Topic
1 General Introduction
2
Instruments
3
Remittance
4
Collection
5
Letter of credit
6
Other methods
7 Documents required
8
Non-trade settlement and cyber payments
From direct payment between traders to indirect payment
From payments under simple price terms to payments under more complex price terms
Settlement through the Internet
3. 苏宗祥主编，《国际结算》（练习 册），中国金融出版社，2004年。
4. 史万钧编著，《International Settlements》,中国金融出版社,2003年。
Chapter 1 Introduction
Introduction to International Settlements Introduction to International Trade
Introduction to International Settlements
❖1.1 Origin and development of international settlement
❖1.2 Basis and conditions of international settlement
1.1 Origin and development of international settlement
• Basic concepts and content of international settlement
• Evolution of international concept
• Characteristics of modern international settlements
3. Basic content of international settlement
Negotiable instruments/financial documents Payment methods Commercial documents
ห้องสมุดไป่ตู้
Relative security
Basic Methods of International Payments and Settlements
Remittance Collection Letter of credit Bank guarantee/ Standby L/C…
4. Evolution of international settlement
From cash settlement to non-cash settlement