Part five International Exchange and Methods of remittance
Part Five International Exchange and Methods of Remittance
Chapter One Outline of International Exchange Specified method and condition Transfer funds from one part to another Avoid trouble of delivering cashes, accelerate settlement, make full use of exchange promote development of economy and make foreign exchange bank become clearing center getting considerable fees
Chapter One Outline of International Exchange • Specified method and condition • Transfer funds from one part to another • Avoid trouble of delivering cashes, accelerate settlement , make full use of exchange, promote development of economy and make foreign exchange bank become clearing center getting considerable fees
International Exchange 国际汇兑是通过把一个国家的货币兑换成另一种 货币,并借助各种信用工具,将货币资金转移到 另一个国家,以清偿国际间由于贸易或非贸易往 来产生的债权债务关系的专门性经菅活动。 广义:国际汇兑是国际结算行为; 狭义:国际汇兑特指国际银行间的汇款业务
International Exchange • 国际汇兑是通过把一个国家的货币兑换成另一种 货币，并借助各种信用工具，将货币资金转移到 另一个国家，以清偿国际间由于贸易或非贸易往 来产生的债权债务关系的专门性经营活动。 • 广义:国际汇兑是国际结算行为； • 狭义:国际汇兑特指国际银行间的汇款业务
Remittance reverse remittance Transference of instruments results in oversea transference of funds Transference of instruments falls into two kinds. Remittance(顺汇,汇付法) payer or debtor gives funds to bank on his own initiative, entrusting the bank to use instruments transferring funds to payee or creditor
Remittance & Reverse Remittance • Transference of instruments results in oversea transference of funds. • Transference of instruments falls into two kinds: • Remittance（顺汇,汇付法） payer or debtor gives funds to bank on his own initiative, entrusting the bank to use instruments transferring funds to payee or creditor
Procedure Debtor Instruments Active Claimant Payment Importer Bank Exporter Drawee Money Money P avee Instrument and funds move in same direction Typical business: remit funds(T/T, MT,dD
Procedure Instrument and funds move in same direction Typical business: remit funds(T/T, M/T, D/D) Debtor Importer Drawee Bank Claimant Exporter Payee Instruments Active Payment Money Money
Reverse remittance(逆汇,出票法) Pavee or creditor draws draft and entrust bank to use instruments to get paid from foreign debtor
• Reverse Remittance（逆汇,出票法） • Payee or creditor draws draft and entrust bank to use instruments to get paid from foreign debtor
Procedure Debtor Claim Instruments Claimant Active Importer Bank Exporter Drawee Money Money P avee Instrument and funds move in different direction pical business: collection. L/C
Procedure Instrument and funds move in different direction Typical business: collection , L/C Debtor Importer Drawee Bank Claimant Exporter Payee Instruments Claim Active Money Money
International remittance vs. domestic remittance Same in nature transfer funds but different ways to deal relates different countries
International remittance vs. domestic remittance • Same in nature: transfer funds • but different ways to deal : relates different countries
Differences between International remittance and domestic remittance 1、国际汇兑的资金是外汇,也可称为可自由 兑换的货币,因此常常伴随外汇买卖行为。 国际汇兑是通过国际间银行的“汇”与 “兑”实现国与国之间的债权债务的清偿 和国际间资金的转移 汇”是将货币资金在国际间转移;“兑” 是不同国家货币之间的相互转换
Differences between International remittance and domestic remittance 1、国际汇兑的资金是外汇，也可称为可自由 兑换的货币，因此常常伴随外汇买卖行为。 国际汇兑是通过国际间银行的“汇”与 “兑”实现国与国之间的债权债务的清偿 和国际间资金的转移。 “汇”是将货币资金在国际间转移；“兑” 是不同国家货币之间的相互转换
国际汇兑中的收款人可以是全球任何地方 的个人或企业。 3、国际汇兑的付款人一般应是付款货币清算 中心所在地的银行。 4、国际汇兑若采用第三国货币清偿或授受时, 手续较多,费时较长,增加了客户的资金 占用,不利于其资金周转,经办银行可以 提供融资。这样,经办银行在国际汇兑业 务中不仅有手续费收入,还有融资的利息 收入,并可以根据汇兑的方式,不同程度 地占用客户的在途资金
2、国际汇兑中的收款人可以是全球任何地方 的个人或企业。 3、国际汇兑的付款人一般应是付款货币清算 中心所在地的银行。 4、国际汇兑若采用第三国货币清偿或授受时， 手续较多，费时较长，增加了客户的资金 占用，不利于其资金周转，经办银行可以 提供融资。这样，经办银行在国际汇兑业 务中不仅有手续费收入，还有融资的利息 收入，并可以根据汇兑的方式，不同程度 地占用客户的在途资金