| | | | PROBLEMS OF MODERN ECONOMICS, N 3 (43), 2012 | | | | FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES | | | Podosenkov N. S.
Senior specialist, Department of Trade Financing, Open Joint-Stock Society “Credit Bank of Moscow”, PhD student, Chair of Finances, Monetary Circulation, and Credit Moscow University for Industry and Finance “Synergy” (Moscow)
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| | | The article shows the transformation of international payment settlement forms through the examples of the open account and the letter of credit. The author describes Bank paying obligations and stresses the potential benefits from the introduction of this tool in practice | | Key words: bank, banking services, international trade, non-cash payment, international payments | | Pages: 165 - 167 |
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