International Settlement (Second Edition)

Author: Pang Hong et al
Publisher:
Publish Date: 1999-08-01
Features: With the development of global economic and financial integration, China's trade and financial sectors have opened up to broader and deeper levels. The trade exchanges and international settlement activities between China and other countries have undergone significant changes in both volume and structure. International settlement, as a cross-border economic activity, is an important branch of the international financial field. It is a discipline that studies the smooth flow of funds between countries from a micro perspective, the timely settlement of debts and credits, and the timely realization of currency payments. It encompasses the study of documents in international settlement, various settlement methods, and the bank-centered transfer settlement payment system. International settlement also involves numerous international conventions, making it a discipline that requires continuous practice and accumulation of basic operational skills. It is a highly theoretical, practical, and operational international banking business, serving as a mandatory course for students majoring in international economics and trade, finance, and other related fields, as well as for professionals in international settlement.