Research Paper in E-Banking

TABLE OF CONTENTS

I. Introduction * How companies become multinational? * Foreign Exchange Market and its Implications * General Overview of Global Electronic Banking II. International Monetary System * International Trade: Principles and Examples (Bilateral Treaties) * Implications for International Financial Markets III. Importance of E-Banking * Human Involvement and e-banking * E-Banking technologies * Personal computer banking * Telephone banking * Branch networking * Electronic delivery channels * ATM * Electronic Cards * Mobile phone banking * E-zwich IV. International Corporate Finance * Stock Markets and Global Macro Economy * Global Capital Markets * Global Banking System * Multinational Banks * Investment Banks V. The truncation of cheques and other banking instruments via electronic means * E-banking risk management * Other issues related to e-banking and commerce VI. Webliography, Sources and References | 11368813171718181818191919192021212122232425252629 |

INTRODUCTION

How companies become multinational?

There are five ways that a company becomes multinational namely: (1) Branches; (2) Subsidiaries; (3) Joint Ventures; (4) Franchises; and (5) Turn Key Projects.

1. BRANCHES.

Branches are the more straightforward way to expand to another country. Simply take some cash, get the pertinent business licenses, hire a localization team, and set up a branch in a foreign country. You obviously want to set up your branch in a busy, international area – for example, if you company is attempting to expand into China, you should set up in cosmopolitan Shanghai, and not the nether regions of Urumqi. You’ll obviously pay more rent and taxes in Shanghai, but you have to make sure your company is highly exposed to other businesses that matter, paving the way to future local partnerships.

2. SUBSIDIARIES

If your company is cash rich, then acquisitions may be a...