《国际结算cha》PPT课件.ppt

Tel:Email: se_,羿建华,International Settlement,Chapter 1 Introduction to international settlement,Why should we study this course in English? Lay down a good foundation for the future work concerning international trade and payments Due to the need of globalization and the entry into the WTO Because it is a major resource of commercial banks profit,Section 1 Definition, category and contents,1.1.1 Definition,The financial activities conducted among different countries in which payments are effected or funds are transferred from one country to another for the purpose of settling accounts, debts, claims, etc.,Trade settlement: payments for visible trades Non-trade settlement: 1、invisible trade settlement： payments for services, technology transfer, patents and copyright contracts, etc 2、financial transaction settlement： buying and selling of financial assets, overseas money-raising and investing 3、payments between governments:aids and grants 4、others: overseas remittances, inheritances, etc,1.1.2 Category of international settlement,1.1.3 Contents of the course: Negotiable instruments(票据) bills of exchange, promissory notes, checks Payment techniques remittances, collections, letters of credit, bank guarantees Documents bills of lading, insurance policies, certificates of origin, etc Financing activities Discount, international factoring and forfaiting,Section 2 Evolution and the related customs and practice,From cash settlement to non-cash settlement From goods trading to documents trading From simple price terms to complex price terms From paper documents to electronic settlement SWIFT CHIPS CHAPS FEDWIRE TARGET,1.2.1 Evolution of international settlement,Precious metals,Risky and expensive,Bill of exchange,1,From cash settlement to non-cash settlement,goods trading,Division of labor,Cross border trade,documents trading,carriers,bankers,traders,From goods trading to documents trading,insurers,for negotiable instruments: UK Bills of Exchange Act of 1882; Uniform Law for Bills of Exchange and Promissory Notes of Geneva of 1930; US Uniform Commercial Code of 1962;,1.2.2 Related international customs and practice,for documentary collections, documentary credits, standby credits, or guarantees: Uniform Rules for Collection, ICC Publication No.522; Uniform Customs and Practice for Documentary Credit, ICC Publication No.600;,In addition, there are international conventions for bills of lading, such as: Hague Rules; Visby Rules; and Hamburg Rules.,全球性帐务清算和资金转移网络,环球同业银行金融电讯协会 交换银行互相收付系统 交换银行自动收付系统,Section 3 the correspondent banking network,Transfer of foreign exchange funds and conveyance of messages are very much facilitated due to international banking network connected with electronic telecommunication International lending and financing is closely combined with international payments More diversified vehicle currencies Greater importance is attached to high efficiency on the part of the foreign exchange banks.,1.3.1 Characteristics of modern international settlements,Basis and conditions of international settlement,Correspondent banks Some organizations relevant to international settlement,The international Banking institutions network,（一）代表处 Representative Office （二）代理处 Agency Office （三）海外分、支行 Oversea Sister Bank/Branch （四）代理银行 Correspondent Banks （五）附属银行（子银行） Subsidiary Banks （六）银团银行 Consortium Bank,1.代表处 Representative Office,代表处是商业银行在海外设立的非营业性机构。它不可以办理银行业务，主要职能是开展公关活动，是海外分支机构最简单的形式，通常是设立更高级形式机构的一种过渡。,2.代理处 Agency Office,是介于代表处和分行之间的机构。可以进行转移资金和发放贷款，但不能从东道国吸收当地存款，它的资金来源通常是总行或从东道国的银行同业市场拆借。,3. 海外分、支行 Overseas Sister Bank/Branch,是商业银行在海外设立的营业性分支机构。面向当地客户，可以经营当地政府允许的各种银行业务。,3.海外分、支行 Oversea Sister Bank/Branch,是商业银行在海外设立的营业性分支机构。其优点是面向当地客户，可以经营当地政府允许的各种银行业务。,4.代理银行 Correspondent Banks,银行为寻求外国银行的合作与支持，双方签订代理协议而建立的业务合作关系成为代理行关系，相关的银行就是代理行。其优点是成本低，而业务开展比较广泛。,5.附属银行（子银行） Subsidiary Banks,如果一家商业银行不能直接在某个国家设立分支机构，那么它通常会收购外国银行的全部或大部分股权，通过控制股权使其成为自己的子银行。,6.银团银行 Consortium Bank,是由两个以上不同国籍的跨国银行共同投资注册而组成的公司性质的合营银行。任何一个投资者所持有的股份都不超过50%。,1.3.2 Correspondent banks,A correspondent bank is a bank that, by arrangement, holds the deposits of another bank and provides payments and other services for that bank.,the basis for cooperation of commercial banks all over the world to fulfill international settlement “a bank having direct connection or friendly service relations with another bank.”,reputation and creditworthiness; size and financial status; location; services offered by it; polices and strength of it; physical features and personnel; momentum of early start,Selecting a correspondent bank,国外代理行的选择,签定代理协议,交换控制文件,密押 Test key 签字样本 Specimen of Authorized Signatures Book 费率表 Schedule of Terms and Conditions,The establishment of a correspondent banking relationship,Inter-bank accounts,往帐 （Nostro Account） 一家银行在外国代理行开立帐户 来帐（Vostro Account） 外国银行在本国开立的帐户,Samples of reimbursement methods “In cover, we have credited the sum to your account with us.”; “Please debit the sum to account with you.” “in cover, we have authorized Bank of China, Beijing to debit our account and credit your account with them.”,A payment system is the means whereby cash value is transferred between a payers bank account and a payees account. It includes: 1) policies and procedures, including rules for crediting and debiting balance; 2) a medium for storing and transmitting payment information; 3) financial intermediaries for organizing information flow, carrying out value transfer instructions, and generally administering payment activities.,1.2.3 Definition of payment system,Clearing principles,Some major payment system,SWIFT Society for worldwide inter-bank financial telecommunication established in 1973 advantages: faster, more reliable communication; reduced transaction errors; lower transmission costs; greater efficiency; better statistics; increased security,SWIFT 银行业务九大类型：,客户汇款 Customer Transfer 银行间头寸调拨 Bank Transfer 外汇业务 Foreign Exchange Confirmations 托收业务 Collections 证券业务 Securities 贵金属和银团贷款业务 Precious Metals and Syndication 信用证和保函 Documentary Credits and Guarantees 旅行支票 Travelers Cheques 银行帐单处理 Statements,￥2.84元,USA,Cost Comparing:,CABLE,TELEX,SWIFT,￥180 元,￥21.6元,CHINA,全球性帐务清算和资金转移网络,环球同业银行金融电讯协会 交换银行互相收付系统 交换银行自动收付系统,交换银行互相收付系统,是一个收付美元的