International settlement is a course of integrating theory with practice. It puts emphasis on the application of theory into actual business operations. International settlement is also a course of our country' s banking business linking up with the world ' s banking business , it lays stress on handling international business in English in accordance with international practice . we also design “International Settlement Exercises” in English , which were edited on the basis of sequence of charters and sections in the text book " International Settlement" in Chinese. Since our professional level and English level are limited ,it’s hard to avoid mistakes or shortcomings in this book .We sincerely hope that you put forward any criticism and valuable suggestions . ........