국제대금결제에서 채권 미회수 위험의 회피방안 연구

The object of this paper seeks way to analyze avoidance measures of unredeemed receivables risk in international payment system. The essence of International Factoring is that a factor agrees to relieve the exporter of the financial burden, in particular the collection of the price due from overseas buyers, so that the exporter can concentrate on his real business. Therefore, factoring helps to ease the cash flow of the exporter’s business, important considerations, as most export transactions contain credit elements. Forfaiting provides trade finance facilities whereby financial institutions purchase accounts receivable from exports, on a without recourse basis. The forfaiting technique is used in financial transactions to make a long-term financial facility liquid and to help the cash flow of the exporter who has allowed the overseas buyer credit. It also allows exporter to increase sales and put the financial risk on a professional who is better equipped to handle buyer’s risk. BPO allows buyer to provide key suppliers with an absolute assurance that they will be paid on time according to the agreed payment terms. From a cash management point of view, this is beneficial to buyers and sellers alike since it delivers certainty on cash flow. This paper tries to emphasize on avoidance measures of financial risks and credit risks in modern international payment system such as international factoring, forfaiting and BPO. Based on above analysis, 3 international payment systems hope to be triggered activation among trade related organizations, traders and scholars.