International Payment and Settlement

1.Basic Course Information

Course Code: 051062
Course Name: Commercial Bank Management
Course Type: International Payment and Settlement
Periods: 48
Credit: 3  
Target Student: Undergraduate  Students of Finance
Assessment: Examination
Preparatory: Finance, International Finance, Commercial Bank Management

2.Brief Course Introduction

International Settlement is a branch of international finance, which discusses the practical problems in international individual transfer of money. It covers very broad knowledge, such as exchange rate, foreign exchange, international trade, international insurance, international transportation, telecommunication, customs, commodity inspection, negotiable instruments, law and so on. It's an interdisciplinary subject based on international finance and international trade, which is easily put into practice. International settlement mainly studies the monetary delivery derived from international credit and debt relations, which is usually divided into international trade settlement and international non-trade settlement. The former dominates this course because it's more complicated in practice and almost covers all the modes and means of international settlement. The main content of this course includes the instruments, modes, documents of international settlement and payment system in which banks play a key role.