The e-Trade Settlement System and Banks' Role and Countermeasures

다국어 초록 (Multilingual Abstract)

The environment of international trade has taken a sudden turn with the introduction of the e-Trade system, At present the e-trade system is very restrictedly usedthe collection of market information, credit inquiry, transactions and so on. This limited application of the e-Trade may result from the absence of linkage among the parties concerned in the e-trade system,<br/>
It is said that the precondition for a develop a new system that can fully<br/>
which wi1l take some time. Korean enterprises and banks. however. still depend upon the established off-line transaction method and are in the primary stage of e-trade.<br/>
Most of the studies on the application and activity of the e-trade settlement system like Bolero and Trade Card have been made from the perspective of the government and they are related to the constructions of the infrastructure and the suggestions for policy makers. complete success of e-trade is to support the e-Trade settlement,In Korea. banks maintain friendly relations with companies in trade transactions and enjoy the advantage of their brand value. global financial networks. and customers' confidence over their competitors.<br/>
Through the e-trade settlement system. banks can get a lot profits not only from their services in the e-trade system. but also from other related services. They can enjoy the opportunity to strengthen their customer relationship and handle additional commodities or services. They will protect themselves with the system from the inroads into their markets by non-bank financial service providers or technology companies.<br/>
Our paper deals with the problems of the e-trade and its settlement system from the perspective of banks and enterprises. What roles will the banks have toplay to expand the e-trade payment system? How will they cope with the difficulties resulting from the changes of the trade environment.<br/>
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목차 (Table of Contents)

• Abstract
  
• Ⅰ.Introduction
  
• Ⅱ.The Change of International Trade Environment and the Role of Banks
  
• Ⅲ.The e-Trade Settlement System and Participation of Korean Banks
  
• Ⅳ.The e-Trade Settlement System and Banks’ Role and Countermeasure
  
• Ⅴ.Conclusion
  
• References