《国际结算英》PPT课件.ppt

《《国际结算英》PPT课件.ppt》由会员分享，可在线阅读，更多相关《《国际结算英》PPT课件.ppt（175页珍藏版）》请在三一办公上搜索。

1、1,International Settlements&Payments,龚剑玲 金融学院 13601455228 国际结算网络课堂：http:/,2,International Settlements&Payments,课程特点实务性（银行实务/外贸实务）学习目标具备基本的国际结算实务操作能力评价考核侧重于实务内容和实务题型,3,International Settlements&Payments,2009年，中国银行集团实现国际结算业务量约1.4万亿美元，继续位居全球银行业第一。中国银行内地机构国际贸易结算市场份额约30%，持续保持市场领先。,龙头老大，谁与争霸！,4,Internatio

2、nal Settlements&Payments,5,International Settlements&Payments,麻雀虽小五脏俱全,6,International Settlements&Payments,面向农村，心系世界！,7,International Settlements&Payments,Definition(p2)International settlement（国际结算）is defined as financial activities conducted among different countries in which payments are effecte

3、d or funds are transferred from one country to another,in order to settle accounts（账务）,debts（债务）,claims（债权、索偿）,etc.emerged in the course of political,ecomomic or cultural contacts among them.,8,International Settlements&Payments,From 1982 to 2004,the total international transaction in our country gr

4、ows at an average rate of 18%per year,from 54 billion dollars to 1910 billion dollars.It arrives at 2420 billion dollars in 2005,3335 billion in 2006,4334 billion in 2007 and 4546 billion in 2008,growing at the rate of 27%in 2005,38%in 2006,23%in 2007 and 5%in 2008 respectively.,10,International Set

5、tlements&Payments,11,International Settlements&Payments,12,International Settlements&Payments,13,International Settlements&Payments,Types of international settlements(p3)international trade settlements（国际贸易结算）international non-trade settlements（国际非贸易结算）Among all the kinds of international transactio

6、ns,internatioanal commodity trade transactions contribute the most,with nearly 65%in 2005,60%in 2006,50%in 2007 and 55%in 2008.,14,International Settlements&Payments,Contents of the course sellement(payment)instuments（结算工具）payment methods（支付方式）documents related（贸易单据）communication and payment systems

7、（通讯与支付系统）correspondent banking relationship（代理行关系）laws,rules and customs related（相关法律、国际规则与惯例）,15,International Settlements&Payments,Settlement instruments（结算工具）negotiable instruments（票据）(section 2)bill of exchanges（汇票）promissory notes（本票）cheques（支票）,16,International Settlements&Payments,Payment met

8、hods（结算方式）(p14-20)Remittance（汇款）(section 3)payment in advance（预付货款）open account（货到付款/赊销）Collection（托收）(section 4)Documentary letter of credit（跟单信用证）(section 5)Letter of guarantee（保函）(section 7)Standby credit（备用信用证）(section 6)Factoring（保理）(section 8)Forfeiting（福费廷/包买票据）(section 9),17,International Se

9、ttlements&Payments,Documents related to payments（结算中的单据）(section 10)Document of title（物权凭证）bill of lading（提单）Documents of performance（履约证明）commercial invoice（商业发票）insurance documents（保险单据）inspection certificates（商检证）certificate of origin（产地证）backing list（装箱单）cable(fax)copy（电文抄本）beneficiarystatements

10、（受益人声明）,18,International Settlements&Payments,Communication and payment techniques（通讯与支付技术）Communication system SWIFT-electronic communication system(P9)Society for Worldwide Inter-bank Financial Telecommunication 环球银行间金融（财务）电讯协会 Established in 1973,operated in 1977,headquartered in Brussels,Belgium

11、.Bank of China became its member bank in 1983,began to use it in 1985.SWIFT BIC（SWIFT系统银行识别代码）Main advantages:faster,safer,cheaper,more standard Message types(MT)used in SWIFT(SWIFT电文格式）,19,International Settlements&Payments,机构名称(Bank Name)SWIFT Code中国银行总行Head Office BKCH CN BJ北京市分行Beijing Branch BK

12、CH CN BJ 110上海市分行Shanghai Branch BKCH CN BJ 300天津市分行Tianjin Branch BKCH CN BJ 200重庆市分行Chongqing Branch BKCH CN BJ 59A江苏省分行Jiangsu Branch BKCH CN BJ 940,20,International Settlements&Payments,SWIFT项下有关信用证业务的电文格式有17种：MT700/701 开立信用证MT705 信用证预先通知MT707 信用证修改MT710/711 通知由第三家银行开立信用证(转开信用证)MT720/721 转让信用证MT

13、730 确认收妥跟单信用证，并证实已通知受益人MT732 通知有关单据已被申请人接受MT734 单证不符的拒付通知MT740 偿付授权MT742 索偿MT750“电提”不符点MT752 授权在单据没有其他不符点的情况下，可以付款/承兑/议 付，该报文是对MT750的答复MT754 通知收单证相符，已对有关单据进行付款/承兑/议付，并已按 批示寄单，即所谓“通知电”MT756 通知已进行了偿付/付款。,21,International Settlements&Payments,Fields involved in SWIFT text(SWIFT电文中的项目）Mandatory fields（必

14、填项目）Optional fields（可选项目）32A Value date,Currency,Interbank settled Amount 32A：起息日、币别、银行间的清偿金额 内容结构要求：6!n3!a15d!固定长度 n数字 a字母 d必须包含一个逗点的数字 填写示例：100303USD20000,00 注：日期表示法YYMMDD（年月日）币别必须是ISO4217的标准 金额最长15位、其中包含一位逗点，逗点是必选位，表示小数点,payment(clearing)system(P10)（支付清算系统）CHIPS-electronic clearing system for USD

15、 Fedwire-electronic clearing system for USD CHAPS-electronic clearing system for GBP CHATS-electronic clearing system for HKD BOJ-net-electronic clearing system for JPY TARGET-electronic clearing system for EURAn example of international USD payment completed through SWIFT and CHIPS,Importer in Chin

16、a,BOC in China,BOC NY Branch,Exporter in Japan,BOT in Japan,BOT NY Branch,CHIPS,1 Application,2SWIFTMT103,3 MT202,8 Funds,7 MT910,5 Payment order,6 Receipt advice,USD,4 MT900,Correspondent banking relationships（P25）代理行关系 Importance of establishing correspondent banking relationships Can smooth and e

17、xpand international banking business.Can greatly reduce the cost of establishing other banking relationships such as branch relationships because it is comparatively an easier and cheaper way to maintain banking relationships in foreign countries.,The procedure to establish correspondent relationshi

18、ps to choose a target bank abroad（目标银行）to conclude a correspondent agreement（代理行协议）（P28)to exchange control documents（控制文件）with each other.specimen of authorized signatures（印鉴）test keys（密押）schedule of terms and conditions（费率表 p26）Types of correspondent relationships-with a/c relationship（有帐户关系）-with

19、out a/c relationship（无帐户关系）The necessity to further establish accounts relationships between correspondents,26,International Settlements&Payments,Importer in China,BOC in China,BOC NY Branch,Exporter in Japan,BOT in Japan,BOT NY Branch,CHIPS,1 Application,2SWIFTMT103,3 MT202,8 Funds,7 MT910,5 Paymen

20、t,6 Receipt,USD,4 MT900,Importer in China,BOC in China,Exporter in Japan,BOT in Japan,1.Application,2.SWIFTMT103,3.Funds,JPY,Current account(JPY),Depositor bank,Depository bank,Nostro A/C,Vostro A/C,Asset A/C,Liability A/C,4.MT900,Credit,Debit,Nostro account(our account)往帐（我行账户）-an a/c maintained by

21、 domestic bank with foreign bank denominated in foreign currency.eg.From the view point of Chinese Bank,an USD a/c it maintains in American bank is its Nostro a/c.Vostro account(your account)来帐（你行账户）-an a/c maintained by foreign bank with domestic bank normally denominated in home currency.eg.From t

22、he view point of Chinese Bank,an RMB a/c American bank holds with it is its Vostro a/c.,Depositor bank 存款行-a bank who opens an a/c with another bank.Depository bank 账户行-a bank with whom an a/c is opened by another bank.Credit 贷记-an increase in a liability account（负债帐户）or a decrease in an asset accou

23、nt（资产帐户）.Debit 借记-an increase in an asset account or a decrease in a liability account.Debit advice(MT900)借记报单-a written note given by the depository bank to the depositor bank to certify a payment from a current account.Credit advice(MT910)贷记报单-a written note given by the depository bank to the dep

24、ositor bank to certify a receipt to a current account.,30,International Settlements&Payments,Laws,rules and customs related(p21)ICC-International Chamber of Commerce(国际商会，1919，Paris）Uniform Customs and Practice for Documentary Credits（ICC Publication No.600)-UCP600（跟单信用证统一惯例）Uniform Rules for Bank-t

25、o-Bank Reimbursements under Documentary Credits-URR725（跟单信用证下银行间偿付统一规则）International Standard Banking Practice for the Examination of Documents under Documentary Credits subject to UCP 600-ISBP681（适用UCP600之跟单信用证下的审单国际标准银行实务）Supplement to the Uniform Customs and Practice for Documentary Credits for E

26、lectronic Presentation Version 1.1-eUCP1.1（UCP电子交单附则）,31,International Settlements&Payments,Uniform Rules for Collections-URC522（托收统一规则）International Standby Practices-ISP98(ICC590)（国际备用信用证惯例）Uniform Rules for Demand Guarantee-URDG458（见索即付保函统一规则）FCI General Rules for International Factoring（国际保理通则）I

27、NCOTERMS 2000(ICC560)（p6)（国际贸易术语解释通则）Negotiable instrument laws(p33)（票据法）,ICC（国际商会）-is short for international chamber of commerce.It is an international organization located in Paris,France.It is set up for the purpose of stabilizing and promoting all the aspects of international economic activitie

28、s,including international trade and settlements.In order to achieve this purpose,ICC has published many international rules and practices.,33,International Settlements&Payments,13 International Commercial Terms/Price TermsEXW:EX-WORKFOB:FREE ON BOARDFCA:FREE CARRIERFAS:FREE ALONGSIDE SHIPCFR:COST AN

29、D FREIGHTCIF:COST,INSURANCE,FREIGHTCPT:CARRIAGE PAID TOCIP:CARRIAGE AND INSURANCE PAID TODAF:DELIVERY AT FRONTIERDES:DELIVERED EX-SHIPDEQ:DELIVERED EX-QUAYDDU:DELIVERED DUTY UNPAIDDDP:DELIVERED DUTY PAID,Buyer,Buyer,Buyer,Seller,Seller,Seller,35,International Settlements&Payments,36,International Se

30、ttlements&Payments,FOBFREE ON BOARD(.named port of shipment)船上交货（指定装运港）“船上交货（指定装运港）”是当货物在指定的装运港越过船舷，卖方即完成交货。这意味着买方必须从该点起承当货物灭失或损坏的一切风险。FOB术语要求卖方办理货物出口清关手续。CFR COST AND FREIGHT(.named port of destination)成本加运费（指定目的港）“成本加运费（指定目的港）”，是指在装运港货物越过船舷卖方即完成交货，卖方必须支付将货物运至指定的目的港所需的运费和费用。但交货后货物灭失或损坏的风险，以及由于各种事件造

31、成的任何额外费用，即由卖方转移到买方。CIF COST,INSURANCE AND FREIGHT(.named port of destination)成本、保险费加运费（指定目的港）“成本、保险费加运费”是指在装运港当货物越过船舷时卖方即完成交货。卖方必须支付将货物运至指定的目的港所需的运费和费用，但交货后货物灭失或损坏的风险及由于各种事件造成的任何额外费用即由卖方转移到买方。但是，在CIF条件下，卖方还必须办理买方货物在运输途中灭失或损坏风险的海运保险。,37,International Settlements&Payments,Two legal systems relating to

32、 negotiable instruments,Britain and U.S.A.legal system,the UK Bills of Exchange Act of 1882,Continental legal system,Geneva Uniform Law,Geneva Convention onthe Unification of the Law Relating to Bills of Exchangeand Promissory Notes in 1930,Geneva Convention onthe Unification of the Law Relating to

33、Checks in 1931,the Negotiable Instrument Law of the People Republic of China,Negotiable instruments(票据）What?How many?Why?How?,39,International Settlements&Payments,Definition of negotiable instruments(定义）（p30)a negotiable instrument is a written document that contains an unconditional promise by the

34、 drawer to pay the payee or an unconditional order by the drawer to the drawee to pay the payee a fixed amount of money at a definite time.Types of negotiable instruments（种类）promissory note（本票）bill of exchange（汇票）check（支票）,40,International Settlements&Payments,The main characteristic of negotiable i

35、nstruments（特性）under negotiation,the transferee（受让人）,as long as being a holder in due course（正当持票人），has a perfect and legal title to the instrument,no matter whether the transferor（转让人）has legal title to it or not.the characteristic of negotiability enhances the acceptability（可接受性）of the negotiable i

36、nstrument,thus enables it to be a substitute for money to function as payment instrument（支付工具）.,Negotiability（流通性）,Conditions for being a holder in due course（成为正当持票人的条件）（p36):to be a holder（持票人）(payee、endorsee、bearer)to take the instrument for value（付对价）without notice that it had been previously di

37、shonored,if such was the case（对退票事实不知情）.without notice of any defect in the title of the transferor（对前手权利缺陷不知情）to get the instrument in good faith（善意）to get the instrument before its maturity（未到期）the instrument is complete and regular on its face（完整规范）.(requisite in form/要式性,without inquiry into cau

38、ses/无因性),Parties to a negotiable instrument Drawer(maker)-the primary debtor of a credit instrument.Guarantee the payment of the instrument.Drawee-the addressee of the credit instrument,not necessarily the debtor(payer)of the instrument.Payee-the primary creditor of the credit instrument.Acceptor-co

39、mes from drawee.Only appears on a time bill.Becomes the primary debtor instead of the drawer.Endorser and endorsee-two parties appear as the result of the act endorsement.the former is liable to the latter.Guarantor-debtor of the credit instrument.His excellent credit can make the instrument more ac

40、ceptable.Holder in due course/bona-fide holder,43,International Settlements&Payments,Bill of exchange（汇票）(p40)Definition（定义）an unconditional order in writing,addressed by one person to another,signed by the person giving it,requiring the person to whom it is addressed to pay on demand,or at a fixed

41、or determinable future time,a sum certain in money,to or to the order of a specified person,or to bearer.(the UK Bills of Exchange Act of 1882)汇票是一人给另一人的书面无条件命令，由给出命令的人签发，要求接受命令的人即期、定期或在可确定的将来时间支付确定的货币金额给一个指明的人，或指明人的指定人，或来人。,44,International Settlements&Payments,A bill of exchange must include the f

42、ollowing contents:the term“bill of exchange”expressed in the language in drawing up the instrument An unconditional order to pay a determinate sum of money The name of the person to whom or to whose order payment is to be made A statement of the date and of the place where the bill is issued The mat

43、urity date of the bill The place of payment is to be made Signature of drawer(Geneva Convention on the Unification of the Law Relating to Bills of Exchange and Promissory Notes in 1930),45,International Settlements&Payments,汇票是出票人签发的委托付款人在见票时或者在指定日期无条件支付确定的金额给收款人或者持票人的票据。（中华人民共和国票据法）,46,Internationa

44、l Settlements&Payments,Essentials必要事项,Non-essentials 可任意记载事项,Absolute essentials 绝对必要事项,Relative essentials 相对必要事项,No.1234,for US$100,000,Shanghai,3rd June,2006,At sight,pay,to A Co.or order,the sum of U S dollars one hundred thousand only,Drawn under S/C No.4567 covering goods shipped from shanghai

45、 to New York,To B Co.New York USA,For A Co.shanghai branch(Authorized Signature),Payable by Citi Bank N.Y.USA,Exchange,Contents内容,this first bill(second unpaid),47,International Settlements&Payments,48,International Settlements&Payments,Please analyze the contents of the following bill of exchange,E

46、xchange for US$10,000.00 New York,10th Aug,2006 At 60 days after date pay to Brown&Thomas Inc.or order the sum of U.S.dollars ten thousand onlyTo:Irving Trust Company London For George Anderson Inc.New York signature the bill for US$10,000(ten thousand US Dollarsin words)is drawn by George Anderson

47、Inc.New York on Irving Trust Company London payable at 60 days after date to Brown&Thomas Inc.or order dated 10th Aug,2006.,Course work,Please draw a draft according to the following materials:Native Product Imp.and Exp.Corporation Jiangsu branch sold some goods valued GBP54,000.00 to Polar Furs LID

48、,London.For settlement,the exporter drew a draft on the importer on Feb 20,2006,asking the latter to pay 100%of the proceeds to the order of exporter 30 days after the date of issue.According to the instruction of the importer,the draft will be paid actually at Barclays Bank,PLC,London.,51,Internati

49、onal Settlements&Payments,Exchange for GBP54,000.00Jiangsu 20th Feb.2006 at 30 days after date pay to the order of Native Products Imp.and Exp.Corporation,Jiangsu the sum of Pounds Fifty Four Thousand only To Polar Furs LID，London For Native ProductsPayable by Barclays Bank,PLC,Imp.and Exp.Corporati

50、on,London Jiangsu authorized signature,52,International Settlements&Payments,Read the following draft and give your answer to each of the following questions.Exchange for GBP5,000.00 Shanghai,Jan 15,2008At 90 days sight pay this first bill(Second unpaid)to the order of Bank of china the sum of Five