Analysis Of Commercial Banks Cash Management Business

Commercial banks take advantage of their financing balance system and network to help companies and institutions customers to use and manage banking accounts more efficiently. We call this kind of comprehensive financial service as currency management which is including gathering and payment, account management, informational & consulting service and investment & financing service. Through these services, commercial banks can provide different kind of customers with appropriate solution of currency management and make the capital flow more reasonable and the financing surveillance more feasible so that customers can be more efficient to use their currency.The thesis is closely combined with the development of cash management in and out of China and discusses the reform of commercial bank cash management business and the fierce competition between foreign and domestic banks. It also takes a thorough analyze about the all-over strategies it could take for the future improvement of domestic cash management.In resent years, domestic commercial banks have made a fruitful result on cash management business. However, compared with foreign banks, there's still a big gap between their general business levels. In terms of technology, nowadays, many domestic banks have already got the basic technical ability to undertake the cash management business. On the other hand, as for a kind of financial goods, advanced management needs high-level professional service. At present, most of domestic banks only could provide low-class payment service, they couldn't report the urgent situation to their clients, and they either can't offer high quality professional suggestions to their clients.The thesis makes a detail analysis of the current situation and problems of domestic commercial bank cash management business. It puts forward many feasible strategies in terms of products, marketing and sales, team building, management and policies on business improvement and further development of cash management. China domestic banks should make efforts to find their own way to make a successful change from financial consultants and advisory experts. Through these, China domestic commercial banks could accumulate core competitive strengths and get their superior status in the competition with foreign.