--%>

Services offered by international banks to customers

Discuss some of services which international banks offer to their customers and market place.

E

Expert

Verified

International banks are characterized by types of services they provide which differentiate them from the domestic banks. Primary, international banks facilitate exports and imports of their clients by arranging the trade financing.  Furthermore, they provide their clients by arranging for foreign exchange essential in order to conduct the cross-border transactions and thus make the foreign investments and by supporting in hedging exchange rate risk in the foreign currency receivables and payables by the forward and options contracts.  As international banks have developed the trading facilities, they normally trade foreign exchange products for their own account.

   Related Questions in Financial Accounting

  • Q : Explain Return on Equity or ROE Return

    Return on Equity (ROE): The amount of net income returned as a percentage of share-holders equity. The return on equity measures a corporation's profitability by revealing how greatly profit a company produces with the money share-holders encompass in

  • Q : Operation of currency forward and

    Describe basic differences between operation of a currency forward market and a futures market.

  • Q : What is the equivalent rate A bank

    A bank quotes an interest rate of 13.5% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding?

  • Q : Great Society programs What are the

    What are the goals of “Great Society” programs?

  • Q : Short Term Solvency Ratio Define the

    Define the term Short Term Solvency Ratio?

  • Q : Article on Valuation of assets Write an

    Write an article on Valuation of assets serves for both buyers and sellers of goods and services.

  • Q : Accouning Required parts are clearly

    Required parts are clearly describes at the end of the questions and additional resource contains the journal article related to question three.. Approx 2000 word assignment.. First Question is of not more than 1000 words to make memorandum and its example is given at end of assignment and require

  • Q : Evaluate the impact of a recent

    A 2000 word essay (maximum allowed 2,200) Accessing Learning Outcomes: Knowledge 1 and 2 Skills 1, 2, 3 and 5                 "Evaluate the impact of a recent healthcare initiative on nursing practice".<

  • Q : Prepare journal entry to record

    On December 31, 20x1, the Juniper Company purchase a group of four assets for a total cost of $850,000. An independent appraiser assesses the fair value of each asset as follows: Asset Fair Value Land $100,000 Building 600,000 Equipment 250

  • Q : Drawback of Electronic Funds Transfer

    What are the drawback of Electronic Funds Transfer?