COMMERCIAL BANKS
I. BASIC BANKING FUNCTIONS ABROAD A. Four functions II. LENDING A. Organization B. Analyzing and Making Loans
COMMMERCIAL BANKS C. Types of Credit 1. Unsecured Line 2. Lines for Opening L/C’s 3. Refinancing sight payments 4. Financing foreign receivables 5. Puchasing foreign currency drafts
COMMERCIAL BANKING III. INTERNATIONAL OPERATIONS A. International Payments 1. Nostro Accounts 2. Vostro Accounts 3. Dollar payments 4. Foreign exchange futures contract 5. Term Loan
COMMERCIAL BANKS 6. Revolving credit 7. Importer/exporter information 8. Introductions IV. BRANCH BANKING A. Major U.S. Restrictions 1. McFadden Act, Glass-Steagall Act, Bank Holding Act, 1956
COMMERCIAL BANKING V. CORRESPONDENT BANKING A. The Importance of International Business to Small Banks 1. Definition 2. Letters of Credit 3. Disadvantages
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