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XuetangX

International Settlement

via XuetangX

Overview

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Against the backdrop of global trade digitalization and the deepening of the “Belt and Road” initiative, the field of international settlement is undergoing dual transformations of rule updates and technological innovation. To meet the industry’s demand for versatile talents, this course is designed for vocational college students, adopting a bilingual teaching model (“Chinese + English”), integrating the latest international practices with real business scenarios, and aiming to cultivate applied talents equipped with digital skills and cross‑border risk control capabilities.

The course content follows a “from fundamentals to frontiers” logic, systematically covering modules on settlement instruments, settlement methods, financing practice, and digital technology applications. Special emphasis is placed on frontier topics such as blockchain and digital currency, while compliance management and risk prevention are embedded throughout. By using bilingual case studies, original international rules, and document templates, the course strengthens students’ practical operational skills.

Teaching Methods:

Implementation of “bilingual layered teaching,” progressively enhancing students’ professional English application skills;

Adoption of blended online–offline teaching, integrating micro‑lectures, ICC guidelines, and SWIFT message simulations;

Project‑driven and scenario‑based learning, guiding students to complete full‑process settlement tasks and improve comprehensive vocational competence in simulated environments.


 


Syllabus

  • Project 1 Fundamentals of International Settlement
    • 1.1 Overview of International Settlement
    • 1.2 Legal and Customary Framework
    • 1.3 International Settlement Currencies
    • 1.4 International Clearing Systems
  • Project 2 Negotiable Instruments in International Settlement
    • 2.1.1 Overview of International Settlement Instruments
    • 2.1.2 Bill of Exchange Actions and Case Studies
    • 2.1.3 Completion and Application Cases of Bills of Exchange
    • 2.1.4 Comparison of China–ASEAN Bills of Exchange and Case Studies
    • 2.1.5 Use of Promissory Notes and Case Studies
    • 2.1.6 Case Study on the Use of Checks
  • Project 3 Traditional International Settlement Methods
    • 3.1.1 Telegraphic Transfer Workflow and Case Studies
    • 3.1.2 Demand Draft (D/D) Workflow and Case Studies
    • 3.1.3 Foreign Exchange Settlement Workflow and Case Studies
    • 3.2.1 D/P Workflow and Case Studies
    • 3.2.2 D/A Workflow and Case Studies
    • 3.3.1 Common Types of Letters of Credit and Case Studie
    • 3.3.2 Examining Documents under UCP600 & ISBP821
    • 3.3.3 Case Studies on Document Consistency under Letters of Credit
  • Project 4 Emerging International Settlement Methods
    • 4.1.1 Accounts Receivable Financing
    • 4.1.2 Dual-Factoring Model Financing
    • 4.1.3 Forfaiting Financing
    • 4.1.4 Cross-Border Financing with Digital Currency
    • 4.2.1 Innovations in Cross-Border Payment Connectivity
    • 4.2.2 mBridge
    • 4.2.3 Regional Payment System Interconnection Practices
    • 4.2.4 Blockchain Trade Finance Platform
    • 4.3.1 Cross-Border ESG Letters of Credit
    • 4.3.2 Green Supply Chain Financing
  • Project 5 Compliance and Dispute Resolution in International Settlement
    • 5.1.1 Cross-Border Payment Anti-Money Laundering (AML) Monitoring
    • 5.1.2 Compliance Framework for Digital Currency Transactions
    • 5.1.3 Data Privacy Protection in Cross-Border E-Commerce
    • 5.1.4 Implementation of Green Finance ESG Standards
    • 5.2.1 Regional Adaptation of Multilateral Trade Rules
    • 5.2.2 Legal Validity Determination of Smart Contracts
    • 5.2.3 Handling Failures in Cross-Border Digital Currency Payments
    • 5.2.4 Disputes over Environmental Protection Clauses in Cross-Border Letters of Credit

Taught by

Guangxi Financial Vocational College

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