Objectives:

Through the course, students may learn to know the critical function of banks in international settlements and payments, the methods to clear international debts and credits, the instruments and documents for payment, the control of operational risks.

Requirements:

Get acquainted with the essential concepts of internationalpayments and settlements, the international norms and practices as the history well as the trend of their development.

Contents:

The course is chiefly focused on international trade settlement in commercial banking to manifest the relationship among safety, liquidity and profitability in bank's management of their credit assets and funds, the close cooperation and mutual benefits between banks and enterprises, and the way to ensure the smooth and rapid development of our international trade.

Credits: 3