The Research And Implementation Of International Commercial Banks Message Handling Operations

International settlement refers to the behaviors of funds transfer or the debts and credits redeemed by the currency. These behaviors are caused by political, economical, diplomatic and military associations. And it is a kind of comprehensive economic activity in the international transactions. As the economic globalization, the entry of WTO and the reform of the financial system, China meet more opportunities to develop economic and technical cooperation with foreign countries in the world, which create a favorable platform for the development of our business of international settlement. However, it is not only an opportunity but also a challenge for China. As a developing country, naturally China fall behind with the developed countries, but we are catching up fast. The business of international settlement is just as the rising sun in domestic commercial banks now. To enlarge the portions of this high added value and high repay rate business, all the domestic commercial banks intensify the construction of the system of international which supply powerful technical guarantee for the fast development of international settlement business.It is unavoidably for handling the business of international settlement that our commercial banks should have dealings with many financial institutions in the world except ourselves. Because of the low cost, high security, standard format, exchanging and dealing with the information between international financial organizations by the SWIFT message have been generally recognized as the international practice. As the development of technology, EDI (Electronic Data Interchange, refers to using electronic documents instead of traditional paperwork. In essence, it is the process of interchanging electronic date with departments, companies and enterprises by computer communication network for dealing with trading business ) gradually takes place of the manual and paper message. Now mostly worldwide financial organizations achieve the EDI by the S.W.F.T. organization. SWIFT is the abbreviation of Society for Worldwide Inter-bank Financial Telecommunication. It is a non-profitable worldwide inter-bank organization established in 1973 which has provided the international financial messages services for the members. Up to present, all over the world mostly banks are SWIFT members. In China, the Bank of China took the lead in joining SWIFT in February 1983 and became the 1034th member bank. Its Head Office began using the SWIFT system on the 13 May 1985, followed by other Chinese financial institutions. According to the statistics of SWIFT, SWIFT's on-going success is confirmed as the accumulated total of processed messages passes 10 million per day. Obviously considerable efforts continue to be made by the banks at home and abroad to promote the ability of dealing with messages and guarantee the development of international settlement. As the communication bridge of international financial institutions, the SWIFT messages have been an important sector in the international settlement. And how to receive and send the message is the problem for the international settlement system, also it is the important target to judge the ability of handling the international settlement business for the financial institution.On the basic of the present situation of commercial banks, by analyzing the scale of the concentration of international settlement system, combining the interface supplied by SWIFT organization and researching the character of international settlement messages, this article advances the mode of branch, provincial branch, head office and describes the link modes, the flows of sending and receiving the messages of these three modes particularly. The design of this kind mode could make the most and the optimized connects between commercial bank and SWIFT interface function come true.The mode of branch refers to each branch being responsible for the handling messages from its international settlement system, including receiving and sending message by itself.The mode of provincial branch refers to each provincial branch being responsible for the handling messages from international settlement systems in the range of the province, including receiving and sending message by itself.The mode of head office refers to the head office being responsible for the receiving and sending messages from international settlement systems in the range of all the commercial banks in the nation.This article advances the suitable mode of message interface on the basis of the actual situation of international settlement system in commercial banks of China, which benefits for promoting the international competition and organizing sending and receiving the messages.