settlement for account

基本解釋

According to the statistic of the ICC, the international trades that take L/C as their settlement account for 70% of all the trade.
據(jù)國際商會(huì)統(tǒng)計(jì)，采用信用證結(jié)算方式的貿(mào)易，占日常世界貿(mào)易的70％以上。
Before that, the corporation should first open a basic deposit account or a general deposit account ("settlement account" for short) for the accounting of normal economic activity.
噢…，首先，你們公司要與我行簽訂單“單位協(xié)定存款合同”，然后我行為你在結(jié)算賬戶之上開立協(xié)定存款賬戶。
Individuals and foreign nationals in China shall not open exchange account for settlement in general case.
個(gè)人及來華人員一般不允許開立用于結(jié)算的外匯帳戶。

This is a big failing, because clearing and settlement account for 80% of the cost of European cross-border share trading.
ECONOMIST: The jilted exchange