The characteristics of cross-border transactions

The characteristics of globalization are obvious: cross-border transactions involve market entities in different countries and regions, and the objects of transactions include goods and services on a global scale.

There is a variety of regulations involved: due to the laws and regulations of different countries, cross-border transactions need to understand and comply with various international trade rules and tariff policies.

Currency settlement diversification: Cross-border transactions usually involve settlement in multiple currencies, including major international currencies and local currencies.

Common forms of cross-border transactions

Cross-border e-commerce: cross-border transactions of goods and services through online platforms, such as Taobao International and Amazon.

Cross-border investment: including direct investment by multinational corporations and portfolio investment in international financial markets.

Import and export trade: import and export business involving goods, including cross-border transportation of goods and customs procedures.