The modes of bank participation in cross-border electronic commerce mainly include

According to the data of the General Administration of Customs, in the first three quarters, China imported and exported 654.38+087.39 billion yuan through the customs cross-border electronic commerce management platform, a year-on-year increase of 52.8%. At present, China has built a new development pattern of domestic and international double circulation promoting each other. Cross-border e-commerce has become a new kinetic energy for foreign trade transformation and upgrading and a new channel for innovation and development. On June 5438+065438+1October 5438+05, 2020, the formal signing of Regional Comprehensive Economic Partnership Agreement (RCEP) also provided new development opportunities for cross-border e-commerce. The signing of this agreement represents the formal conclusion of the largest free trade agreement in the world. It is expected that tariffs will drop sharply and cross-border e-commerce will develop faster.

With the continuous growth of cross-border e-commerce business, a large number of cross-border e-commerce platforms have emerged in China, among which Alibaba International Station, JD.COM Global Buy, Amazon, AliExpress and ebay have great influence. With the rapid development of e-commerce platform, commercial banks have seen opportunities and actively entered the field of cross-border electronic commerce by taking advantage of their own payment and settlement.

Background: China International Import Expo, as the world's first national-level Expo with the theme of import, is becoming an important platform to help China build a large domestic circulation with mutual promotion of domestic and international dual circulation. On June 4th, 2020, the 3rd China International Import Expo (CIIE) opened in Shanghai. As an "investment partner" of China International Import Expo (CIIE), Industrial and Commercial Bank of China, based on the experience of serving the first and second China International Import Expo (CIIE), actively assisted the global investment attraction, built a financial bridge for global trade in the post-epidemic period, and provided strong support for forming a strong domestic market, building a new development pattern and achieving high-quality development.

Case introduction: In order to further enhance the online service capabilities of exhibitors at China International Import Expo (CIIE), China Industrial and Commercial Bank made full use of its online business advantages to build ICBC Global Electronic Trade Services (GETS) to provide one-stop cross-border business services for major international exhibitions and global trading partners such as China International Import Expo (CIIE), free trade zone, free trade port and cross-border e-commerce comprehensive test zone.

Product advantages: ICBC's cross-border trade platform for electronic foreign exchange purchase mainly has four characteristics:

First, it is more functional. The platform supports the functions of enterprise yellow pages, procurement, commodity release, online transaction, cross-border payment, logistics customs clearance, financial services and so on. , and can provide various online services in foreign trade scenarios.

Second, business opportunities are broader. The platform relies on nearly 16000 outlets of ICBC, 426 institutions established in 49 countries and regions around the world, and the global layout advantage of indirectly covering 20 countries in Africa by participating in South Africa standard bank group ltd Co., Ltd., helping foreign trade enterprises to find partners around the world and expand business opportunities extensively.

Third, the transaction is safer. Online transactions on the platform are authenticated by real-name registration system, customer information is strictly audited, order status is tracked in real time, and bank-level security protection measures are provided to ensure the safety of users' online transactions.

Fourth, payment is more efficient. With the help of ICBC's global payment and clearing network, the platform can realize real-time display of cross-border payment status of the whole bank. The platform provides 24-hour global RMB clearing service and supports cross-border payment services in more than 20 currencies.

From the above analysis, it is found that commercial banks mainly provide online cross-border payment, currency exchange, cross-border settlement, trade financing, transaction guarantee, income and expenditure declaration and other services for cross-border transactions.

Banks' participation in cross-border e-commerce platform business is mainly manifested in the following three modes:

The first is the support mode. Commercial banks support cross-border e-commerce of third-party payment institutions, such as Bank of China, and provide financial services such as anti-money laundering, settlement and sale of foreign exchange, customs declaration, cross-border remittance and settlement for cross-border e-commerce business scenarios of third-party payment institutions.

The second is the cooperation model. Commercial banks directly cooperate with cross-border e-commerce platforms, such as the "cross-border e-commerce collection" business of Shanghai Pudong Development Bank, and cooperate with Amazon platform; CITIC Bank's "Domestic Cross-border E-commerce General Trade Online Export Collection System" cooperates with Ali-Datong Company.

The third is the self-operated model. Commercial banks operate their own platforms in cross-border electronic commerce, such as the e-procurement case of ICBC's cross-border trade platform. Compared with the traditional e-commerce platform, the self-operated cross-border e-commerce platform of banks has irreplaceable advantages in cross-border payment and settlement, policy support and reputation. As far as the "e-purchase cross-border trade platform" of ICBC in this case is concerned, its natural advantages are its extensive network all over the world and rich overseas customer resources.

With the increasing volume of cross-border e-commerce transactions and the increasing number of participants, the demand for financial services in the whole industry is bound to show a diversified and comprehensive trend. With the rapid development of cross-border electronic commerce platform, commercial banks urgently need to explore service upgrading, accelerate innovation and transformation, and cater to the new trade pattern.

Blockchain is a decentralized database. Blockchain has the advantages of safety and efficiency, which helps banks to serve cross-border e-commerce platforms and realize resource sharing. Banks can use blockchain technology to ensure the security of payment environment, strengthen transaction trust and reduce management costs. First, accelerate the upgrading and application deployment of blockchain technology, and do a good job in the institutional reform and departmental reform of banks themselves. Second, banks apply blockchain in combination with their own advantages in trade and financial services. For example, for banks with settlement advantages, the application of blockchain in acceptance and message sending can be strengthened.

Because cross-border e-commerce has the nature of international trade, we should not only consider the internet security risk, but also consider the market risk in international trade, including the chain reaction of foreign trade economic environment and exchange rate risk to the operation of SMEs on the platform. At present, due to the rebound of the epidemic and the resurgence of the Brexit storm, the industry risk is gradually increasing, and the probability of default risk is also increasing. Therefore, in the financial service support of cross-border e-commerce, commercial banks should first conduct data analysis and background investigation to control the risks within the controllable range.

To cultivate financial service talents who can adapt to the development of cross-border e-commerce business, we can start from three aspects: first, banks directly recruit compound talents trained by colleges and universities; Second, banks train and rotate existing employees to improve their professionalism; Third, banks should strengthen exchanges and interactions with cross-border e-commerce platforms.