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        O/A방식 수출채권 매입은행의 서류검토의무

        허은숙(Eun-Sook Huh) 한국관세학회 2015 관세학회지 Vol.16 No.4

        The fund availability problem that exporter faces in O/A Payment can be resolved by export factoring or O/A negotiation which is guaranteed by K-sure, export credit agency. Yet recent finance fraud misusing false shipping documents caused trouble to all concerned parties including banks who treat trade finance and K-sure, which is a guarentee institution. Therefore, it raises a question whether trade finance bank should bear an obligation to guarantee authenticity of documents and to what extent should they pay their attention to it. The obligation for documents examination of O/A negotiation banks is separated into liability for authenticity of a document itself and obligation in handling procedures. First, the responsibility for the authenticity of documents should comply with the obligation to examine documents of bank in L/C transaction. If O/A negotiation bank take obligation to check the existence of goods, to inquire, and confirm the authenticity of documents issued from the related institutions, the bank will be overwhelmed and thus, will avoid dealing with trade finance due to excessive workload and risk-taking. Second, the O/A negotiation bank should handle the document with reasonable care. That is the bank should strictly examine sales contract, document type, consistency among documents, and contents of documents with high precision. In particular, the bank should check whether the export was performed or not through the shipping trace system of shipping company and clearance system of Korea Customs Service.

      • KCI등재

        후불조건 수출금융방식으로서의 수출팩토링

        허은숙(Eun-Sook Huh),구종순(Jomg-Soon Koo) 한국관세학회 2008 관세학회지 Vol.9 No.4

        The purpose of this study is to find out the way to develop export factoring in Korea. As importers prefer to trade on open-account terms instead of using the L/C, export factoring is a strategic alternatives for financing after shipment. In order to develop export factoring, the government should make efforts to establish relevant laws. Also, cooperating with export credit agencies, the financial companies dealing in foreign exchange should not only handle export financing but also extend the range of financial service related to account receivables management. Furthermore, it is necessary to reduce the factoring cost and to be focused on small and medium sized export firms. Finally, export firms should positively accept export trade of deferred payment terms and also choose a strategy to cover export finance and credit risks management through export factoring.

      • KCI등재

        대중수출기업의 결제위험관리방안에 관한 연구

        허은숙(Huh Eun-Sook) 한국관세학회 2005 관세학회지 Vol.6 No.4

        The purpose of this paper is to search the characteristics and implications in payment term of Korean firms exporting to China. Payment term is a very important factor of the credit risk, funds availability of the export firm, ultimately affecting the performance of it. Recently, an increase in non-L/C based export to China brings about the uncertainties of unpaid. China has some unusual business customs and practices which have been formalized under the long term socialism. Accordingly, many non-L/C based transactions such as O/A, Collections have been often exposed to credit risk in export to China. Even in the case of L/C based payment, firms should pay attention to the credit rating, reputation against Issuing Bank. This research found that Korean firms exporting to China using collect basis term are increasing. It means that there are much uncertainties if they didn't have another safe device. As a solution, Korean firms need to strengthen credit risk management by appropriate tools in corresponding transaction, for example export insurance, standby credit, factoring, forfeiting, etc.

      • KCI등재

        아시아 주요국의 수출팩토링 이용특성에 관한 연구

        허은숙(Eun Sook Huh) 한국아시아학회 2009 아시아연구 Vol.12 No.1

        본 연구는 아시아에서 수출팩토링을 주도하고 있는 대만을 비롯하여 최근 이용실적이 비약적으로 증가하고 있는 중국, 일본, 인도 등 주요 국가들에서 수출팩토링이 어떻게 발전하고 있는지 현황과 특성을 살펴보고자 하였다. 연구결과 아시아에서 수출팩토링이 발전하고 있는 국가들은 수출팩터의 우수한 서비스, 전자 팩토링시스템, 합리적인 비용, 신용 위험관리와의 통합서비스 등 적극적인 혁신과 다양한 기능으로 시장을 확대해가고 있는 것으로 나타났다. 특히 대만은 아시아에서 수출팩토링의 이용이 가장 활발한 국가이며 중국은 향후 세계에서 가장 큰 수출팩토링 시장으로 성장할 것으로 보인다. 따라서 한국도 상업은행들의 역량을 강화하여 전문적인 수출팩터의 수를 증가시키고 이들로 하여금 선급금융 및 위험관리, 판매원장 관리 등 다양한 팩토링 서비스를 할 수 있도록 육성하는 정책이 필요하며 수출팩토링에 대한 법적 근거를 마련하고 관련비용도 인하하는 정책이 필요한 것으로 보인다. Factoring is a comprehensive financial service in trade finance that covers credit protection, accounts receivable book keeping, collection services and financing. It is used as alternative trade finance tools of L/C based financing. in developed and developing countries around. Export Factoring will play a crucial role in encouraging the international trade. It has gained popularity among the international traders due to the diverse services provided by it. This paper focuses the development of export factoring in Asia. Taiwan is the most developed country of factoring. China has huge potential market in export factoring, which is expected the most biggest market in the future. In India, factoring is still at the growing stage, compared to the long followed financial service of Bill Discounting. The result of this paper implies that more Korean commercial bank should handle export factoring with cooperation with credit agencies. Furthermore, it is necessary to reduce the factoring cost and to be focused on small and medium sized esport firms.

      • KCI등재후보
      • KCI등재
      • KCI등재

        WCO 국경 간 전자상거래 기준 체계의 관세행정에 대한 시사점

        허은숙(Eun-Sook Huh),이운영(Oun-Yeong Lee) 한국무역연구원 2019 무역연구 Vol.15 No.1

        Cross-border e-Commerce is presenting a number of new challenges and opportunities to governments. The fast-growing trading environment requires comprehensive and well-considered solutions from all stakeholders, including customs authorities, to manage the unprecedented growth in volumes, overcome the lack of global standards and guidelines, and address associated border risks. Efficiency of clearance and delivery of low-value and small parcels is most particularly crucial. To manage e-commerce transactions, Customs administration units need to engage with all relevant stakeholders with a view to collectively defining the appropriate approach to adopt both from a trade facilitation and enforcement perspective. WCO has developed a set of global standards, associated guidelines and recommendations to facilitate cross-border e-Commerce and thus published the Cross-border e-Commerce Framework of Standards. In this paper, we analyze the contents of the framework and make reference to customs authorities. The core essence of the framework is the exchange of advance electronic data for effective risk management and enhanced facilitation of growing volumes of small and low-value shipments by adopting simplified procedures with respect to clearance, revenue collection and return. It also encourages the use of non-intrusive inspection (NII) equipment, data analytics and other cutting-edge technologies.

      • KCI등재
      • KCI등재

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