Zahlungsabwicklung in Asien und die zukünftige Rolle des Yuan in der Weltwirtschaft

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1 Zahlungsabwicklung in Asien und die zukünftige Rolle des Yuan in der Weltwirtschaft Franz Zahn Leiter Global Transaction Banking Germany UniCredit Bank AG, München ASIEN-PAZIFIK-FORUM BAYERN, NÜRNBERG, 10. Juli 2013

2 Agenda UniCredit in Asien Eine Einschätzung - "Die zukünftige Rolle des Yuan in der Weltwirtschaft" Zahlungsabwicklung in Asien Der Zahlungsverkehr am Beispiel China Währungssicherung (FX) Aktuelle Pressemeldungen aus China Absicherung von Zahlungsansprüchen aus einem Akkreditiv Ihre Fragen 2

3 UniCredit in Asien UniCredit S.p.A Beijing Rep. Office seit 1982 Mumbai Seoul Beijing Shanghai Guangzhou Hong Kong Hanoi Tokyo Singapore Jakarta Bohai Bay Region Branch Rep Office UniCredit S.p.A Guangzhou Branch seit 2012 Yangzi River Delta Pearl River Delta UniCredit Bank AG Hong Kong Branch seit 1979 UniCredit S.p.A Shanghai Branch seit 1996 Die Gebiete des Yangtze Delta, Pearl River Delta und Bohai Rim sind in China am besten erschlossen. In diesem Bereich ist die Konzentration deutscher, österreichischer und italienischer Unternehmen sehr hoch. 3 3 Zusatz: Die UniCredit Niederlassungen in China (ohne Hong Kong) und Indien gehören zur UniCredit S.p.A; alle anderen Niederlassungen und Repräsentanzen in Asien gehören zur UniCredit Bank AG.

4 Agenda Eine Einschätzung - "Die zukünftige Rolle des Yuan in der Weltwirtschaft" 4

5 Eine Einschätzung "Die zukünftige Rolle des Yuan in der Weltwirtschaft" Hintergrund Steigende Wirtschaftskraft und zunehmender Einfluß auf das Weltgeschehen Notwendigkeit den Zahlungsverkehr in Renminbi grenzüberschreitend zu gestatten Aktuelle Entwicklungen Seit 2011 Möglichkeit für ausländische Investoren direkt in Renminbi zu investieren Seit 2012 können chinesische Importeure und Exporteure ohne Einschränkungen ihre Geschäfte in Renminbi abwickeln Aktueller Stand der Internationalisierung Volumen Offshore Renminbi Markt noch relativ gering Mittelfristig hohes Wachstumspotential Die Bedeutung Hong Kongs Offshore Renminbi Center in China Hong Kong Monetary Authority (HKMA) überwacht den Zahlungsverkehr 5

6 Agenda Zahlungsabwicklung in Asien Der Zahlungsverkehr am Beispiel China 6

7 Zahlungsabwicklung in Asien Der Zahlungsverkehr am Beispiel China (1) China 2 Tochterunternehmen Konto in China Deutsches Unternehmen 1 Chinesischer Kunde/Lieferant Konto deutsches Unternehmen 1. Direkte Lieferbeziehung Bezahlung in USD/EUR oder RMB möglich (z.b. RMB Konto HVB in Deutschland) 2. Über chinesische Tochtergesellschaft Bezahlung wie unter 1. möglich (bei Konto in China) 3. Direktes Konto d. Muttergesellschaft in China (Mainland) Hier sind Besonderheiten zu beachten 3 7

8 Zahlungsabwicklung in Asien Der Zahlungsverkehr am Beispiel China (2) Konten in China Fremdwährungskonten Für RMB-Konten gibt es regulatorische Vorgaben ebanking Einbindung -> technische Sicherheit Integration in bestehende ebanking Lösung in Deutschland (MT940, MT101) Eigenes Portal (UC ebanking Asia) für Konten in China mit umfangreichen Funktionen Welche Zahlungen sind möglich? Zahlungen nach China (Mainland) Warenlieferungen Dienstleistungen Investitionen Gesellschafterdarlehen Spenden Zahlungen aus China (Mainland) Warenlieferungen und Dienstleistungen Gewinnabführung/ Dividendenzahlungen Investitionen chinesischer Unternehmen im Ausland (MofCom) Gesellschafterdarlehen (Einzelfallprüfung) 8

9 Agenda Zahlungsabwicklung in Asien Währungssicherung (FX) 9

10 Zahlungsabwicklung in Asien Währungssicherung (FX) Devisenhandel Was ist möglich? Kassageschäfte Swapgeschäfte Termingeschäfte (bis zu 2 Jahren) Was geht "noch" nicht? Optionen Offshore Renminbi Beträge, die nicht die Grenzen nach China überschreiten, können frei und unbegrenzt zwischen Partnern weltweit transferiert werden 10

11 Zahlungsabwicklung in Asien Währungssicherung (FX) RMB Trade Settlement Mit der Einführung des RMB Trade Settlements müssen europäische Im- und Exporteure Währungsrisiken nicht länger mit Drittwährungen (v.a. USD, HKD) oder nicht lieferbaren Produkten (NDF, NDO) sichern. Damit entfällt das Risiko einer Kursdifferenz zwischen tatsächlichem Umtausch und NDF/NDO-Fixing ebenso wie Nachteile bzgl. der USD/CNY-Entwicklung Chinesisches Unternehmen Warenfluss von bzw. nach China Europäisches Unternehmen UniCredit Bank AG Settlement Bank China Clearing Bank Hong Kong UniCredit Hong Kong Zahlungen EU Import Zahlungen EU Export Grenze zu Mainland China Hinweis: Das Devisenhandelsgeschäft am Offshore Markt in Hong Kong erfolgt auf Basis der Notierung USD/CNH bzw. EUR/CNH. Gebucht werden immer CNY. In der Regel wird die Zahlung über Hong Kong geleitet. 11 Stand: April 2013

12 Agenda Aktuelle Pressemeldungen aus China 12

13 Aktuelle Pressemeldungen aus China Nürnberger Nachrichten 22./ / Andreas Landwehr UniCredit Weekly Focus / UniCredit Research / Sorgen in China / Süddeutsche Zeitung /

14 Agenda Absicherung von Zahlungsansprüchen aus einem Akkreditiv 14

15 Zahlungsabwicklung in Asien Absicherung von Zahlungsansprüchen aus einem Akkreditiv (1) Export Exporte von Konsumgütern, Ersatzteilen und kurzlebigen Investitionsgütern Abwicklung erfolgt überwiegend auf Basis von Sicht und Nach-Sicht Akkreditiven Die gängigen Laufzeiten liegen unter einem Jahr Daneben kommen auch Inkassi sowie reine Zahlungen vor Exporte von Investitionsgütern und Anlagen Abwicklung erfolgt meist über Akkreditiv Gedeckte Finanzierungen werden nur selten nachgefragt Import Fast ausschließlich über Akkreditiv (Finanzierungsfunktion) In der Regel Sichtzahlung in EUR oder USD, auch in Renminbi möglich 15

16 Zahlungsabwicklung in Asien Absicherung von Zahlungsansprüchen aus einem Akkreditiv (2) Akkreditiv Absicherung In China eröffnete Akkreditive sind grundsätzlich in China zahlbar gestellt Auftrag zur Akkreditivbestätigung wird in der Regel nicht erteilt Einheitliches Regelwerk der ICC (derzeit URDG 600) über eine Ankaufszusage / stille Bestätigung kann das wirtschaftliche & politische Risiko abgesichert werden Die Top Banken in China Agricultural Bank of China Bank of China China Construction Bank Industrial & Commercial Bank of China 16

17 Zahlungsabwicklung in Asien Ein Blick in die Zukunft (3) Bank Payment Obligation - BPO Dem Akkreditiv sehr ähnlich, jedoch keine Vorlage physischer Dokumente Unwiderrufliche Verpflichtung der Bank des Schuldners zur Zahlung fälliger Beträge an die Bank des Begünstigten Voraussetzung: erfolgreiche Abgleichung von elektronisch übermittelten Daten gemäß anerkannten Richtlinien ICC Publikation No. 750E, in Kraft getreten zum 1. Juli

18 Agenda Ihre Fragen 18

19 19 Ihre Fragen

20 Ihre Ansprechpartner UniCredit Bank AG Unternehmer Bank Franz Zahn Leiter Global Transaction Banking Germany Am Tucherpark München Tel Mobil franz.zahn@unicreditgroup.de UniCredit S.p.A. Shanghai Branch Jürgen Lutz Leiter Cash Management APR Unit 2401, Jin Mao Tower, 88 Century Boulevard Pudong, Shanghai, P.R.China Tel Mobil jurgen.lutz@unicreditgroup.cn Impressum UniCredit Bank AG Unternehmer Bank GTG Global Transaction Banking Germany GTG 2 Lorenzer Platz Nürnberg 20

21 21 Vielen Dank für Ihre Aufmerksamkeit!

22 Anhang Im Anhang haben wir für Sie noch weitere, ausführlichere Informationen zusammengestellt! 22

23 We provide competitive service to fully support and facilitate business of home market corporate clients in Asia Our Strength Description Our Commitment Long Track Record of Local Experience Strong Link Between Asia and Europe Flexible and Effective Services Over 30-year of experience in Asia Professional and experienced banking experts from both Europe and Asia Asia Desks in Munich, Vienna and Milan German and Italian Desks in Hong Kong and Shanghai Due to strong customer relations within our home markets, we provide financing with less bureaucracy and competitive pricing We offer highly flexible and tailormade solutions to our customers Facilitate our clients business development throughout Asia Bridge our clients with their parent company and business partners Offer competitive, firstclass and customised financial solutions 23

24 Hong Kong Branch provides a wide range of CIB services in all major currencies with focus on Global Transaction Banking Business type Products 1 Remittance & Deposit Offshore RMB-Trade Settlement Deposits International Remittances ebanking & SWIFT 2 Corporate Lending All standard types of Corporate Lending Short-term RMB funding at very competitive rates 3 Trade Finance Trade Purchase Bank Guarantee Letter of Credit ECA-Covered Export Finance Exporter Pre-Financing Purchase of Receivables Commodity Finance 4 Investment Banking Wide range of Investment Banking Products such as Project Finance and Mergers & Acquisitions 5 Foreign Exchange & Hedging FX Spot of RMB and other major currencies Non-Deliverable Products NDF, NDIRS, NDS Deliverable Products IRS, CCS, FX Swap, Forward & Option 24

25 Via Shanghai Branch and Guangzhou Branch* we offer a full range of corporate banking products in both RMB and FCY Commercial Lending Cash Management Trade Service and Financing Account Services Payments & Collections FX Markets Working Capital Loan RMB RMB Bank guarantee FX Spot Transactions Term Loan Umbrella Facility RMB/USD Basic A/C General A/C FCY Capital A/C Settlement A/C Deposits High Value Payment Bulk Electronic Payment FCY Global and Domestic Payment Letter of Credit Export financing Import Financing RMB Cross-border Settlement Between RMB and FCY Between any Convertible FCY FX Derivatives (Under the preparation of applying license) Advices Statement and Reports E-Banking / UC ebanking ASIA Transaction Services A/C management On-line Statement/Report Payments Alerts ERP Interface 25 Note: According to local regulations Guangzhou Branch as a newly established branch is only allowed to provide FCY products now.

26 Cash Management & E-Banking Account Services In China there is a regulatory framework in place that determines the number and type of accounts that can be opened, with accounts generally being allocated to specific purposes. All kinds of settlement accounts are interest-bearing, which is paid quarterly. Account Types Inflows Outflows Comments RMB Basic Account RMB collections etc All kinds of RMB payments Including cash withdrawal and payroll Only one basis account allowed for one legal entity PBoC s account opening approval' required RMB General Account As above RMB payments; payroll (except Shanghai) and cash drawing not allowed No limitation on number of accounts opened Multiple acounts with one bank allowed Cross-city account opening permitted Recommendation Keep Basic Account with nearby bank for petty cash and payroll Keep General Account with UniCredit for daily payments and collections FCY Capital Account Capital injections and capital increases Payments for current items and approved capital-items Not subject to SAFE s approval any more Limitation on number and location was cancelled FCY Settlement Account Daily trade and nontrade related payments Daily trade and non-trade related payments Recommendation Keep Capital Account and Settlement Account with UniCredit 26

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