《International Settlement》课程实施方案（教学大纲）

1、International Settlement课程实施方案1. Course Information Course Name: International SettlementCourse Code: IET804Course Credit: 4.0Course Hours: 3hours/week,48hours in totalPre-requisitesCourse: International Trade Practice2. Course Team and Lecturer Information（1）Lecturer Information（2）Assistant Teacher

2、 Information3. Course Materials（1）Textbooke.g, 1. Author Name, International Business, edition 4th, published by Tsinghua University, 2012(11)Ediward G Hinkelman, A Short Course in International Payment, 2nd edition, World Trade Press, 2003Wu Guoxin，International Settlement, 2st edtion, Tsinghua Uni

3、versity Press,2017（2）Referencese.g, 1. Author Name, International Trade, edition 4th, published by China Machine Press, 2011(6)苏宗祥等，国际结算第五版，中国金融出版社，2010（11）徐进亮、李俊，国际结算实务与案例第一版，机械工业出版社，2011（5）SWIFT 报文标准实用手册，中国SWIFT用户协会，2008（8）（3）Reading Materials(Literatures, Study Case, Data Set, etc.)1. Internation

4、al settlement customs2.International settlement ducuments and files3.International settlement cases（4）Course Resources(Center office of course: 6)4. Course Description（1）Course AbstractInternational Settlement is a subject concerning cross-boarder payment through banks. Teaching content of the cours

5、e mainly includes payment instruments, methods of payment, financing to importers and exporters based on payment, international customs concerning payment, risk management in international settlement, etc. In the processing of teaching, we will combine professional knowledge learning with ideologica

6、l and political education to help students not only master the basic knowledge of international settlement, but also cultivate their international vision.（2）Course ObjectiveCultivating students patriotic feelings, international vision and students ability to combine professional knowledge with reali

7、ty.1. Mastering the principles, production and application of international payment documents and notes2. Mastering business procedures of major international settlement methods3. Being able to apply all kinds of international settlement customs in practice4. Being able to apply professional knowled

8、ge of international settlement to analyze and solve related problems and conduct related research（3）Course ContentNo.TopicKnowledgeIdeological and Political Education ContentHours (Teaching hours)Introduction1.Idea of international settlement2.Basic content of international Settlement3.International

9、 payment and settlement system1. New trends of international settlement: New “Four Great Inventions”2. RMB internationalization and the development of Chinas international settlement32Instruments of international settlement1. An overview of negotiable instrument2. Bill of exchange3. Promissory note

10、and cheque1. Origin of Bill of Exchange: Shanxi merchants, Exchange shop and Passion for the Homeland2Check and correct views on money (The Million Pound Note by Mark Twain)33Remittance1.Idea of remittance2.Type and procedure of remittance3.Application of remittance in international trade1. Procedur

11、es of remittance: introduction of anti-counterfeiting techniques of Rishengchang- Shanxi merchants, Exchange shop and financial innovation34Collection 1.The idea of collection2.The procedure of documentary bill for collection3.Finance under collection4.The characteristics of collection1. Collection:

12、 the choice of the mode of international trade settlement under The Belt and Road Initiatives35Letter of Credit(I)1.The idea of L/C2.The procedure of L/C3.Types of L/C4.Risk Protection under L/C5.Financing under L/C1. the Development of Domestic L/C2. Letter of Credit: the choice of the mode of inte

13、rnational trade settlement under The Belt and Road Initiatives66Letter of Credit(II)1.The form and content of L/C2.The examination and amendment of L/C3.Documents examinations and disposal of discrepancies47Bankers Guarantee and Standby L/C1.Bankers Guarantee2.Standby L/C1. Bankers Guarantee: the ch

14、oice of the mode of international trade settlement under The Belt and Road Initiatives2. Standby L/C: the choice of the mode of international trade settlement under The Belt and Road Initiatives38International Factoring1.The idea of international factoring2.Types of international factor3.Business pr

15、ocedures of international factoring4.Characteristics, advantages and disadvantages of international factoring1. The development and international comparison of Chinas international factoring since 2001.2. The spirit of international cooperation and the construction of factoring international network

16、39Financing under international settlement1.Finance to exporters2.Finance to importers1.Case 1: China Export Credit Insurance Corp2.Case 2: Financing modes of Bank of China based on international settlement610Non-trade settlement1. Introduction to non-trade settlement2. Methods of non-trade settleme

17、nt1.Non-trade settlement and international economic cooperation.2. International settlement system and China211Summary of the courseReview of the course1（4）Course Requirement1. Reading textbooks and references: students should finish extracurricular reading of relevant sections of textbooks and refe

18、rences consciously to keep in line with teaching arrangement.2. Written assignments: Timely complete and submit written assignments to be marked and scored by the teaching assistant and explained by the teacher.3: Experimental work: Timely complete the experimental work and submit from teaching soft

19、ware submission port in specified time4:Group work: students form studying groups of 4-6 members, finish case analysis report or talk about topics specified by teacher and make presentation in class.（5）Lecture ScheduleCourseTeaching contentIdeological and Political Education ContentTeaching modeHome

20、 work/TestReferencesChapter 1 Introduction1.Idea of international settlement1.1 Related concepts of international settlement1.2 Types of international settlement1.3 The importance of international settlement1.4 Evolution of international settlement1.5 Applicatable rules for international settlement2

21、.Basic content of international settlement2.1 Instruments of international settlement2.2 Ways of international settlement2.3 Documents of international settlement3.International payment and settlement system3.1 Brief introduction3.2 Clearing principles3.3 Banks netword involved in international sett

22、lement3.4 Some major payment system1. New trends of international settlement: New “Four Great Inventions”2. RMB internationalization and the development of Chinas international settlementLecture and discussionNone1.苏宗祥等，国际结算（第五版），chapter 1and 32.吴国新主编，国际结算，chapter 13. CCTV13新闻直播间新闻视频走向世界的人民币2Chapter

23、 2 Instruments of international settlement1. Introduction to bills1.1 Definition of bills1.2 Types of bills1.3 Characteristics of bills2. Bills of exchange2.1 Definition of bills of exchange 2.2 Types of bills of exchange 2.3 Elements of bills of exchange and its preparation2.4 Mechanism of bills of

24、 exchange3. Promissory note and cheque3.1 Promissory note3.2 Cheque3.3 Similarity and difference among bills of exchange, promissory note and chaque1. Origin of Bill of Exchange: Shanxi merchants, Exchange shop and Passion for the Homeland2Check and correct views on money (The Million Pound Note by

25、Mark Twain)Lecture and discussionWritten assignment 11.苏宗祥等，国际结算（第五版）,chapter 22.吴国新主编，国际结算,chapter 23. 央视纪录片票号4. 马克吐温百万英镑3Chapter 3 Remittance1.Idea of remittance1.1 Definition of remittance1.2 Parties of remittance1.3 Mechanism of international remittance2.Types and procedures of remittance2.1 T/T

26、2.2 M/T2.3 D/D3.Application of remittance in international trade3.1 Advantages and disadvantage of remittance3.2 Fuctions of remittance in international trade1. Procedures of remittance: introduction of anti-counterfeiting techniques of Rishengchang- Shanxi merchants, Exchange shop and financial inn

27、ovationLecture and discussion1.苏宗祥等，国际结算（第五版），chapter 42.吴国新主编，国际结算，chapter 33. 央视纪录片票号4Chapter 4 Collection 1.The idea of collection1.1 Definition1.2 The parties involved of collection1.3 The types of collection1.4 ICC 5222.The procedure of documentary bill for collection2.1 The procedure of D/P 2.

28、2 The procedure of D/A3.Finance under collection3.1 Financing to exporters3.2 Financing to importers1. Collection: the choice of the mode of international trade settlement under The Belt and Road InitiativesLecture and discussionNone1.Edward G. Hinkelman, A Short Course in International Payments, ch

29、apter 3 and 92.苏宗祥等，国际结算(第五版)，第四章3.ICC, Uniform Rules forCollections(URC 522)5Chapter 4 Collection 4.The characteristics of collection4.1 The basic characteristics of collection4.2 The advantages and disadvantages of collectionChapter 5 Letter of Credit(I)1.The idea of L/C1.1 The definition of L/C1.

30、2 The parties involved in L/C1.3 The characteristics of L/C1.4 UCP 600Lecture and discussionWritten assignment 21.Edward G. Hinkelman, A Short Course in International Payments, chapter 3 ,10,11,12,13 and 142.苏宗祥等，国际结算第五版，第6，7,8,12,14章3.ICC, Uniform Customs and Practice for Documentary Credits (UCP60

31、0)6Chapter 5 Letter of Credit(I)2.The procedure of L/C2.1 Issuance 2.2 Amendment2.3 Utilization2.4 Settlement3.Types of L/C3.1 Standard L/C3.2 Special L/C1. the Development of Domestic L/CLecture and discussionNone1.Edward G. Hinkelman, A Short Course in International Payments, chapter 3 ,10,11,12,1

32、3 and 142.苏宗祥等，国际结算第五版，第6,7,8,12,14章3.ICC, Uniform Customs and Practice for Documentary Credits (UCP600)7Chapter 5 Letter of Credit(I)4.Risk Protection under L/C4.1 Risks of market4.2 Risks of Fraudulence4.3 Risks of Clauses4.4 Risks of Controlling the Title to GoodsChapter 6 Letter of Credit(II)1.T

33、he form and content of L/C1.1 The form of L/C1.2 The content of L/C1. Letter of Credit: the choice of the mode of international trade settlement under The Belt and Road InitiativesLecture and discussionWritten assignment 31.Edward G. Hinkelman, A Short Course in International Payments, chapter 3 ,10

34、,11,12,13 and 142.苏宗祥等，国际结算第五版，第6,7,9,10,11章3. ICC, Uniform Customs and Practice for Documentary Credits (UCP600)8Chapter 6 Letter of Credit(II)2.The examination and amendment of L/C2.1 The examination of L/C2.2 The amendment of L/C3.Documents examinations and disposal of discrepancies3.1 Document c

35、hecklists3.2 Document examination3.3 Disposal of discrepanciesLecture and discussionNone1.Edward G. Hinkelman, A Short Course in International Payments, chapter 3 ,10,11,12,13 and 142.苏宗祥等，国际结算第五版，第6,7,9,10,11章3. ICC, Uniform Customs and Practice for Documentary Credits (UCP600)9Mid-exam10Computer L

36、aboratory Simulation：The procedure of L/C1.The examination and amendment of L/CComputer PracticeLab assingment 11.TMT5.0 Users Guide for Students2.苏宗祥等，国际结算第五版，第6,7,9,10,11章11Computer Laboratory Simulation：The procedure of L/C2.Doucment examination under L/CComputer PracticeLab assingment 21.TMT5.0

37、Users Guide for Students2.苏宗祥等，国际结算第五版，第6,7,9,10,11章12Chapter 7 Bankers Guarantee and Standby L/C1.Bankers Guarantee1.1 Definition and characteristics of Bankers Guarantee1.2 Types of Bankers Guarantee1.3 Business procedures of Bankers Guarantee2. Standby L/C2.1 Definition and characteristics of Sta

38、ndby L/C2.2 Business procedure of Standby L/C2.3 Comparison of Bankers Guarantee and Standby L/C 2.4 Comparison of Documentary L/C and Standby L/C 1. Bankers Guarantee: the choice of the mode of international trade settlement under The Belt and Road Initiatives2. Standby L/C: the choice of the mode

39、of international trade settlement under The Belt and Road InitiativesLecture and discussion1. Samples of Bankers Guarantee and Standby L/C2.ICC,Uniform Rules for Contract Guarantee 3.ICC,Uniform Rules for Demand Guarantee4.ICC,International Standby L/C Practice 13Chapter 8 International Factoring1.T

40、he idea of international factoring1.1 Definitoin of international factoring1.2 International rules related to factoring1.3 Functions of international factoring2.Types of international factors2.1 Financing factor and non-financing factor2.2 Single factor service and two-factor service2.3 Other types3

41、.Business procedures of international factoring3.1 procedure with a single factor3.2 procedure with two factors4.Characteristics, advantages and disadvantages of international factoring4.1 Characteristics of international factoring4.2 Advantages and disadvantages of international factoring 1. The de

42、velopment and international comparison of Chinas international factoring since 2001.2. The spirit of international cooperation and the construction of factoring international networkLecture and discussionWritten assignment 41.FCI, Code of International Factoring Customs2. 苏宗祥等, 国际结算（第五版）,Chapter 514Chapter 9 Financing Under International Settlement1. Financing to exporters1.1 Introduction to financing to exporters1.2 Export financing under L/C1.3 Export