KR20010094278A - Method for International Financing Service using Internet - Google Patents

Abstract

PURPOSE: A method for an international finance service using the internet is provided to circulate a fund of an export company smoothly by performing an effective price paying service with respect to a company for exporting a commodity on credit. CONSTITUTION: An export company requests a fund accommodation of a credit sale bond to a financial institution by connecting to a financial institution server and preparing a predetermined application document through the internet(S11). The financial institution searches a credit of an import company. If the credit of the import company is fine(S12), the financial institution requests a credit export insurance joining to an insurance company of the import company and pays an insurance bill(S13). If the credit of the import company is fine, the insurance company informs join of insurance to the financial institution(S14, S15). The financial institution pays about 60 percents of the credit export amount to the export company(S16), and informs the fact to the import company for the import company to pay the credit export amount to the financial institution(S17). If the financial institution receives the credit export amount from the import company(S18), the remainder subtracting a financial service commission is paid to the export company(S19).

Description

Method for International Financing Service using Internet}

The present invention relates to an international financial service method, and more particularly, to an international financial service method using the Internet that facilitates the rotation of funds of an exporting company by providing an efficient payment service for a company exporting goods on credit.

In general, when an exporting company exports a commodity, it is necessary to recover the price of the exporting commodity smoothly so that the exporting company can maintain its rotation.

In the past, most of the goods were exported by letter of credit, and the others were by foreign currency by T / T (Telegraphic Transfer) and D / A (documents against acceptance). For example, in 1999, Korea's total exports amounted to US $ 143.6 billion, of which only 31% were by credit, and the rest was by T / T and D / A.

If you are exporting by credit, you need to open a letter of credit, because the process of opening a letter of credit at the bank is complicated, the content of the letter itself is difficult, and the process of currency exchange at the bank is cumbersome. In the future, all exports will be credit-based. In addition, as the world's informatization through the Internet is accelerating, the barriers between nations are gradually falling, so international trade practices based on the credit of the other party are rapidly settling.

In the case of credit-based traumatic exports, there is a problem that the export business cannot smoothly rotate the funds, because the export enterprises have to wait until the export payment is recovered from as few as several weeks to as long as 180 days depending on the trauma period. .

The present invention has been made in order to solve the problems described above, and provides an international financial service method using the Internet to facilitate the rotation of the funds of the exporting company by providing an efficient payment service for the company exporting goods to the credit. The purpose is to.

1 is a diagram illustrating an international financial service system in accordance with the present invention.

2 is a flow chart illustrating an international financial service method in accordance with the present invention.

* Explanation of symbols for the main parts of the drawings *

1: Financial company server 2: Export company

3: Import company 4: Insurance company

Features of the present invention for achieving the above object, the process of the export company to the financial company over the Internet to export funds to the company that imported the goods on credit; A process in which the financial company insures the insurance company through the Internet for the importing company; Receiving, by the financial company, the foreign trade charges from the exporting company through the Internet and providing a portion of the foreign trade charges to the exporting company; Notifying, by the financial company, the importing company of the transfer of the credit export price through the Internet, and notifying the importing company of payment of the foreign export payment to the financial company; If the financial company is paid for foreign exports from the importing company, the financial company charges a service fee and pays the balance of the foreign exports to the exporting company.

When the financial company is requested to finance the export, the financial institution checks the existence of foreign currency export charges from the importing company through the Internet, and searches the credit information database through the Internet to investigate the credit status of the importing company. It characterized in that it further comprises a process.

In addition, when the insurance company is insured according to a request from a financial company, the method further comprises the step of retrieving the credit status of the imported company by searching the credit information database through the Internet and then insured. do.

Another aspect of the invention, the process of the export company that exports the goods to the import company in the credit request to the financial company through the Internet to finance the financing; Checking, by the financial company, whether or not to export the foreign currency from the importing company through the Internet, and searching the credit information database through the Internet to examine the credit status of the importing company; Requesting the insurance company to purchase insurance through the Internet for the financial company; When the insurance company is required to purchase insurance from a financial company, searching the credit information database through the Internet to investigate the credit status of the importing company, and then enrolling in insurance; Receiving, by the financial company, the foreign trade charges from the exporting company through the Internet and providing a portion of the foreign trade charges to the exporting company; Notifying, by the financial company, the importing company of the transfer of the credit export price through the Internet, and notifying the importing company of payment of the foreign export payment to the financial company; If the financial company is paid for foreign exports from the importing company, the financial company charges a service fee and pays the balance of the foreign exports to the exporting company.

Hereinafter, embodiments of the present invention will be described in detail with reference to the accompanying drawings.

The international financial service system according to the present invention is configured as shown in FIG. In other words, the financial company server (1) is connected to the export company (2), import company (3) and insurance company (4) through the Internet to the international financial services to settle the foreign export payment to the export company (2) It provides international financial services to settle payments for foreign companies by exporting and receiving information through the Internet.

The overall outline of the international financial services according to the present invention is as follows. In the case where the exporting company 2 exports goods to the importing company 3 by credit, the exporting company 2 connects to the financial institution server 1 through the Internet and requests for the financing of the accounts receivable. The financial company confirms the existence of the accounts payable by e-mail, facsimile or telephone via the Internet to the importing company (3) who imported goods from the exporter (2) on credit. After confirming the accounts receivable as described above, the financial company examines the identity and credit of the importing company (3), connects to the insurance company (4) via the Internet, and applies for foreign export insurance for the importing company (3). In case of insurance, the financial company transfers the credit export price from the export company (2) and pays about 60% of the foreign export cost to the export company (2). In addition, the financial company notifies the importing company (3) of the transfer of the credit export price to the importing company (3), and notifies the importing company (3) that the export payment should be paid to the financial company. When payment is received from the foreign trade, the balance of the export payment shall be paid to the exporting company (2), but the remaining balance, excluding any fees for the relevant international financial services, shall be paid.

When a financial company provides the above international financial services, it performs most of its business by communicating through the Internet using the financial company's server (1), but offline to companies that do not use the Internet. You can also handle In addition, payment and withdrawal may be performed by designating a specific bank or by cyber banking through the Internet.

In order to provide international financial services such as the present invention, a complete identity and credit check must be performed on the import company (3) that imports goods from the export company (2) on credit, and on the basis of a thorough credit check (3) The insurance company can receive a compensation from the insurance company (4) when the insurance company (4) is insured and the importer (3) fails to pay, so that the financial company can provide a safeguard against the default. In particular, when conducting an identity or credit check on an importing company (3) importing goods on credit, it is possible to conduct an in-depth identity check or credit check by accessing the identity and credit information database through the Internet or conducting an offline due diligence. To ensure the safety of transactions by providing international financial services to importers (3) who have been found to be trustworthy.

On the other hand, when an exporting company (2) exports goods to an importing company (3) on credit, and applies for financing to a financial company, the financial company first pays about 60% of the export value to the exporter (2). The exporter 2 is able to receive and use a portion of the export payment immediately without waiting for the payout to be recovered, thereby facilitating the rotation of funds.

Such international financial services of the present invention can be implemented by setting the service range in various ways, for example, the field of foreign exports from Korea to the United States, the field of foreign exports from the United States to Korea, and the field of foreign exports from the countries of the world to the United States. Services in a variety of settings, such as foreign trade from the US to the world, foreign trade from Korea to major developed countries, foreign trade from major developed countries to Korea, or foreign trade transactions between countries. Can provide.

Referring to the flow of the international financial service according to the present invention based on the flowchart of FIG.

First, in the case where the exporting company 2 exports goods to the importing company 3 on credit, the exporting company 2 connects to the financial company server 1 through the Internet and prepares a predetermined application by making a financial application. The company is requested to finance the accounts receivable (step S11). Accordingly, the financial company confirms the existence of accounts receivables via e-mail, facsimile or telephone via the Internet to the importer (3) who imported goods from the exporter (2) on credit. If a credit check is conducted to determine that the credit is good (step S12), the insurance company 4 is connected to the insurance company 4 via the Internet, and the insurance company 4 provides foreign insurance to the insurance company 4 for the import company 3; In addition to requesting membership, premiums are paid (step S13).

At this time, the insurance company 4 conducts a credit check on the importing company 3 that has been requested to receive foreign export insurance, and if it is confirmed that the credit is good (step S14), the insurance company notifies the financial company that has requested the insurance. (Step S15). In this way, when the foreign insurance is insured, the financial company communicates with the exporter (2) through the Internet and receives certain documents from the exporter (2). About 60% is paid to the exporting company (step S16), and the financial company notifies the importing company (3) of the transfer of the foreign export payment and pays the export payment to the financial company on the payment date. Notify the importing company 3 of the fact that it should be done (step S17), and if the foreign export payment is received from the importing company 3 on the date of the payment (step S18), the balance of the export payment should be paid to the exporting company (2). The remaining amount other than the fee for the relevant international financial service is paid out as the balance of export payment (step S19).

As described above, according to the present invention, when an export company exports goods to a foreign currency and applies for financial financing to a financial company, the financial company first pays a portion of the export value to the exporter so that the exporter pays the foreign trade. Instead of waiting for this to be recovered, a portion of the export payments can be paid and used, thereby facilitating the rotation of the exporting company's funds. And, because the smooth turnover of funds allows exporters to achieve more sales, this has the effect of increasing exports for the whole country. In addition, by providing insurance services to the importing company, it is possible to prevent the generation of bad debts in the country, thereby preventing the loss of national wealth.

Meanwhile, the proportion of exports by the current demanding and complicated Letter of Credit method is continuously decreasing. Many of the exporters are expected to prefer the foreign trade as the technology of the present invention is introduced. Export is easier and more convenient.

Claims (4)

Requesting a financial company to finance funds through the Internet by an exporting company that has exported goods to foreign importers; A process in which the financial company insures the insurance company through the Internet for the importing company; Receiving, by the financial company, the foreign trade charges from the exporting company through the Internet and providing a portion of the foreign trade charges to the exporting company; Notifying, by the financial company, the importing company of the transfer of the credit export price through the Internet, and notifying the importing company of payment of the foreign export payment to the financial company; If the financial company is paid for the foreign currency export payment from the importing company, the international financial service method using the Internet comprising the step of imposing a service fee and paying the foreign currency export balance to the exporting company. According to claim 1, When the financial company is requested to finance the export from the export company, whether or not to export the foreign currency from the import company through the Internet, search the credit information database through the Internet to identify the identity, A method of international financial services using the Internet, characterized by further comprising the step of examining the credit status. The method of claim 1, wherein when the insurance company purchases insurance according to a request from a financial company, the insurance company searches for an identity and credit information database through the Internet to investigate the credit status of the importing company and then purchases insurance. International financial service method using the Internet, characterized in that it further comprises. Requesting a financial company to finance funds through the Internet by an exporting company that has exported goods to foreign importers; Checking, by the financial company, whether or not to export the foreign currency from the importing company through the Internet, and searching the credit information database through the Internet to examine the credit status of the importing company; Requesting the insurance company to purchase insurance through the Internet for the financial company; When the insurance company is required to purchase insurance from a financial company, searching the credit information database through the Internet to investigate the credit status of the importing company, and then enrolling in insurance; Receiving, by the financial company, the foreign trade charges from the exporting company through the Internet and providing a portion of the foreign trade charges to the exporting company; Notifying, by the financial company, the importing company of the transfer of the credit export price through the Internet, and notifying the importing company of payment of the foreign export payment to the financial company; If the financial company is paid for the foreign currency export payment from the importing company, the international financial service method using the Internet comprising the step of imposing a service fee and paying the foreign currency export balance to the exporting company.