--%>

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 : Accounting Acquisition Entry and

    Acquisition Entry and Consolidation Working Paper On January 31, 2014, Phoenix, Inc. acquired all of the outstanding common stock of Spark Corporation for $400 million cash plus 25 million shares of Phoenix' $10 par value common stock having a market value of $90 per share. Registration fees were $

  • Q : Country and political risk What is

    What is country risk and how it is different from the political risk?

  • Q : Pre-requisites to apply Budgetary

    Write down the pre-requisites to apply Budgetary Control?

  • Q : Segmented capital market Assume that

    Assume that your firm is operating in the segmented capital market. State some of the actions that you would recommend to diminish the negative effects?

  • Q : What is the opening accounts receivable

    Big Problem Ltd., an oil refining business uses an allowance system to account for bad debts. At the beginning of the year the allowance had a credit balance of $16,000. The following transactions took place during the year. a) Tot

  • Q : Explain international Fisher effect

    Explain and also derive international Fisher effect.

  • Q : Foreign commerce trade State three

    State three basic documents which are essential in order to conduct the typical foreign commerce trade?  Discuss briefly the purpose of each.

  • Q : Explain production budget Give a short

    Give a short introduction of the term ‘production budget’?

  • Q : Case study of a wind turbine for rural

    The goal of this long problem is to validate the turbine performance estimates in specific (XYZ) wind regimes, and estimate its cost.  Below is a list of tasks you will need to accomplish, but you are not limited to these if you want to do more:  

  • Q : Evaluation of discount and premium

    Describe how discount and premium are evaluated whenever the assets are priced-to-market. When would law of one price prevail within the international capital markets in case foreign equity ownership restrictions are imposed?