Cross border financial services

The main forms of cross-border financial services

Cross border financial services mainly include the following forms:

Cross border trade financing: Financing services such as loans or credit guarantees provided by banks or other financial institutions for cross-border trade can effectively reduce transaction risks and financing costs, and improve trade efficiency.

Cross border investment: Enterprises or individuals investing funds in overseas financial markets, enterprises, or assets can achieve diversified asset allocation, reduce investment risks, and provide investors with broader investment opportunities.

Cross border payment settlement: In international trade and investment, payment and settlement activities based on currency exchange make cross-border transactions more convenient and efficient.

Insurance and related services: including direct insurance (life and non life), reinsurance and reinsurance, insurance intermediaries (such as brokers and agents), etc.

Banking and other financial services (excluding insurance): including accepting public deposits, various types of loans, financial leasing, payment and currency transfer services, guarantees and commitments, etc.

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