Reasearch On The Influence And Countermeasures Of RMB Cross-border Settlement To The Settlement Business Of Ping An Bank

Along with our country’s foreign trade scale and the overall increasing economic strength, coupled with our country’s gradually rapid pace of opening to the outside world in recent years, the position and role of RMB in cross-border settlement and payment is growing, not only do foreign trade enterprises of our country in cross-border settlement in RMB require more convenience, and the foreign export enterprises also hope to share China’s rapid economic growth from the appreciation of the RMB dividends, therefore RMB cross-border settlement and payment is in great popular demand. This paper firstly analyzes the related literature about the RMB cross-border settlement, analyzing the effects of RMB cross-border settlement of commercial Banks business and the current research status of countermeasures and Suggestions. Secondly analyzes the current development process and current situation of the development of RMB cross-border settlement. Then introduces the Ping’an RMB bank’s cross-border settlement business products and combined with the case of Ping’an bank RMB cross-border settlement,.It is concluded that the RMB cross-border settlement influences Ping’an bank’s settlement business. Finally, this paper puts forward the suggestions and related countermeasures of commercial banks to deal with cross-border RMB settlement under the policy.