TON DUC THANG UNIVERSITY
Finance –Banking Faculty
Major: Banking
M.S. Hồ Thanh Tùng
INTERNATIONAL PAYMENT
INTERNATIONAL PAYMENT
CHAPTER 1
The commercial banks and foreign exchange rates
I. The commercial banks:
1. The basics of commercial banks:
2. Classification of commercial banks:
* According to ownership:
- National commercial banks
- Joint-stock commercial banks: for example, Asia Bank, Bank of East
Asia….
- Joint venture banks:
- Branches of foreign banks: For example, HSBC, City Bank, ABN-AMRO ...
* According to the nature of business: choosing to rely on wholesale
customers (businesses, large sales transactions) and retail (personal ...) ...
- Wholesale Bank: ABN-AMRO Bank, Deutsche Bank ...
- Retail bank: Vietcombank, ACB, ANZ bank ...
* According to the relations in organizations: Head office (head office),
branch level 1, level 2, the branch offices
3. The activities of commercial bank:
•Raising funding:
- Deposits from individuals and organizations and other institutions
- Issuing certificates of deposit, bonds and other financial instruments
to raise funds.
- Borrowing
•Credit activities (Lending):
Short-term loans
Medium and long-term
•Guarantees: Guarantees loans, payment, guaranteed tender within
capital of commercial banks.
•Discount: the discount and rediscount of Financial instruments,
commercial papers
•Financial leasing
* Payment services:
Commercial banks: open accounts for individuals and
organizations in Vietnam –foreign when they have
demand for payment between the bank together.
Therefore, the implementation of payment services and
funds such as:
- Providing payment services
- Domestic payment services
- Collect and payment cash to customers
- Internal payment system and domestic inter-bank
- International payments when banks have licensed by
the State.