International Settlement概要1.docVIP

International Settlement The Research Objective of International Settlement Chapter one：Introduction to International Settlement 1.国际结算的定义 Definition of International settlement International settlement refers to the money transfer via banks to settle accounts,debts and claims among different countries. 国际结算是指处于两个不同国家的当事人，通过银行办理的两国间货币收付业务。 2.Three elements in international settlement（国际结算中的三要素） (1)Persons in different countries（不同国家） Buyers and sellers in the international transaction are not competitors,but cooperative partners for seeking long-term and common interest. (2) Bank’s Participation（银行参与） (1)facilitating funds transfer efficiently world-wide; (2)promoting transactions because of their easily supervising both buyer and seller; (3) Funds transfer (资金转移） Funds transfer always happens in the following activities: visible trade：importing and exporting the tangible and visible commodity and goods.Importers in one country must make payment to exporters in another country for their imported goods;on the other hand,exporters must receive payment from the overseas buyers. invisible trade：It includs service trade,technology transfer,patent,copyright contracts,etc. service trade include all receipts and payments betwwen the residents and foreigners on transportation,insurance,travel,communications,postage and bank service,etc. financial transaction：International financial transaction covers foreign exchange market transaction,government supported export credits,syndicated loans,etc. payment between governments ：The government of one country may make payment to that of another country for political,military,or economic reasons,such as giving aids and grants,providing disaster relief,etc. Types of International Settlement visible trade International Trade Settlement invisible trade financial transaction International Non-trade Settlement payment between governments 4.Evolution of Modern International