Clearing - a system of non-cash payment for goods, services provided and the securities based on the account counter financial claims and liabilities.That is the main task of clearing is the ability to provide clear results of the trading session, the bank non-cash transactions and international bidding (for the subjects of the clearing process).Thus, we can assume: Clearing - a financial revolution that is happening on the conditions put forward mutually exchange of values (between its subjects).The object is considered to be clearing clearing companies, which organize the whole working process and called Clearinghouse.
Depending on the number of participants, clearing is bilateral or multilateral.It reduces the number of payments, helping to save money on financial transactions participants.That, in turn, can associate it with barter and helps to simplify the perception of the understanding of the whole process begins financiers.However, it is worth remembering that there is only associative similarity.And to understand the difference between the two processes cashless economic turnover.Clearing - is primarily a means of organizing counter financial obligations and requirements, though non-cash and barter - the parties-agreed way to share values.
This system of mutual settlements in international traffic has been applied in the mid 30-ies of XX century.Since the beginning of its use need cash means of payment in the world market decreased significantly, to simplify foreign exchange transactions between states.According to international practice, to date, there are kinds of clearing, as a commodity, foreign exchange and interbank.
Trademark called clearing on the securities market, including a system of set-off the obligations of market participants to each other and the organization of calculations between them.Viability of such a way of doing business provides the clearing house.Clearing the RTS Stock Exchange St. Petersburg, the Urals Regional Currency Exchange is an example of the practice of this kind of operations in our country, which is a (currently) fairly well developed element of financial performance for the major Russian stock exchanges.
Currency Clearing - a system of inter-state (based on agreements Governments) relations.This approach is justified itself!
Interbank Clearing is the process of circulation of funds in the middle of the banking system of the state, is a cashless payments between banks by a single settlement center.He has a place in any country (with more or less developed banking system).
Thus, to date, international financial transactions, accounting interbank claims and liabilities, payment system among the participants of the exchange market are used to provide data clearing operations and reduce the role of cash.This practice has become commonplace for the modern world economy and humanity in general.
