The Study Of Cash Management Of Chinese Commercial Banks

Cash management is a kind of specialized financial services launched by modern commercial banks,which is based on digital and networks, aiming at meeting the needs of enterprise funds management. The very service is closely relevant to the three main aspects of business operations,capital inflow, retained funds and capital outflow.Via production integration, it would make enterprise-demand-based business process reengineering possible. Including various services such as financial management, payment service, finance consultancy, liquidity management and information service, cash management shows integrity and personality in the high-ranking public-custom-oriented capital management.Cash management service is an individual and integrated financial innovation provided by commercial banks.The last seven decades has seen the development of cash management service of foreign countries. Now it is no longer a simple lockbox service, but one of core services for customers with highly integrated systems, international target customers, diverse products, distinctive designs and standard service projects.Since cash management service was introduced into China in 2002, it has presented great vigorousness at the domestic market. Quite a number of commercial banks in China realized its significance and promptly devoted themselves to the competition of delivering that service to high-quality customers.In terms of enterprises, cash management service helps achieve all round cash outflow, cash inflow and retained management through original solutions, product specialty and business process, all provided by banks. Thus, the three-H(high deposit, high loan and high financial cost) can be transformed into three-L(low deposit, low loan and low financial cost), while the accretive financial service is also available.In term of banks, cash management service contributes to the cooperation between banks and enterprises, accelerates product innovation speed and creates new income of intermediary business. A long-run credit management system can be found and further cooperation of high-quality customers can be expected.By introducing the theory on cash management service, this article would systematically present its development history in oversea commercial banks and how it is localized by domestic banks. This article would introduce the cash management service system reached by domestic commercial banks through several years of practice. After the analysis of different applying modes in different-staged enterprises, it would come to a number of cases indicating the operation of the service and give some suggestions.This article focuses on the study and analyses of cash management service carried out by domestic commercial banks and high-quality enterprises and instructions to a better promotion of this service would also be seen.