Modern aspects of accomplishment of currency transactions by credit organizations
The article opens the basic aspects of service by banks of foreign economic activities of legal entities. Foreign economic activities of the enterprises work by means of international payments system. Banks, being intermediaries in international payments, organize money movement of participants of...
| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Tatar Educational Center “Taglimat” Ltd.
2008-03-01
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| Series: | Russian Journal of Economics and Law |
| Subjects: | |
| Online Access: | https://www.rusjel.ru/jour/article/view/290 |
| _version_ | 1797256203096555520 |
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| author | L. V. Alekseeva |
| author_facet | L. V. Alekseeva |
| author_sort | L. V. Alekseeva |
| collection | DOAJ |
| description | The article opens the basic aspects of service by banks of foreign economic activities of legal entities. Foreign economic activities of the enterprises work by means of international payments system. Banks, being intermediaries in international payments, organize money movement of participants of foreign trade activities. Hence, developing the letter of credit method of payments is necessary with the purpose of regulation of non-payments risks and sharing of banks in syndicate underwriters for maintenance by additional money resources of the enterprises. It promotes timeliness and completeness of receipt of export proceeds on accounts of participants of foreign economic activities, and also profitability of their activity. |
| first_indexed | 2024-03-08T23:20:19Z |
| format | Article |
| id | doaj.art-d9d56e6a58ac44d6a5c2d2bfc734b8d6 |
| institution | Directory Open Access Journal |
| issn | 2782-2923 |
| language | English |
| last_indexed | 2024-04-24T22:18:00Z |
| publishDate | 2008-03-01 |
| publisher | Tatar Educational Center “Taglimat” Ltd. |
| record_format | Article |
| series | Russian Journal of Economics and Law |
| spelling | doaj.art-d9d56e6a58ac44d6a5c2d2bfc734b8d62024-03-20T08:16:37ZengTatar Educational Center “Taglimat” Ltd.Russian Journal of Economics and Law2782-29232008-03-01017981288Modern aspects of accomplishment of currency transactions by credit organizationsL. V. Alekseeva0Kazan State Financial-Economical InstituteThe article opens the basic aspects of service by banks of foreign economic activities of legal entities. Foreign economic activities of the enterprises work by means of international payments system. Banks, being intermediaries in international payments, organize money movement of participants of foreign trade activities. Hence, developing the letter of credit method of payments is necessary with the purpose of regulation of non-payments risks and sharing of banks in syndicate underwriters for maintenance by additional money resources of the enterprises. It promotes timeliness and completeness of receipt of export proceeds on accounts of participants of foreign economic activities, and also profitability of their activity.https://www.rusjel.ru/jour/article/view/290currency operationscrediting organizationforeign economic activityinternational accountingbankregulationnon-payment risksmonetary fundsprofitabilityexport income |
| spellingShingle | L. V. Alekseeva Modern aspects of accomplishment of currency transactions by credit organizations Russian Journal of Economics and Law currency operations crediting organization foreign economic activity international accounting bank regulation non-payment risks monetary funds profitability export income |
| title | Modern aspects of accomplishment of currency transactions by credit organizations |
| title_full | Modern aspects of accomplishment of currency transactions by credit organizations |
| title_fullStr | Modern aspects of accomplishment of currency transactions by credit organizations |
| title_full_unstemmed | Modern aspects of accomplishment of currency transactions by credit organizations |
| title_short | Modern aspects of accomplishment of currency transactions by credit organizations |
| title_sort | modern aspects of accomplishment of currency transactions by credit organizations |
| topic | currency operations crediting organization foreign economic activity international accounting bank regulation non-payment risks monetary funds profitability export income |
| url | https://www.rusjel.ru/jour/article/view/290 |
| work_keys_str_mv | AT lvalekseeva modernaspectsofaccomplishmentofcurrencytransactionsbycreditorganizations |