settlement for account

基本解释

According to the statistic of the ICC, the international trades that take L/C as their settlement account for 70% of all the trade.
據國際商會統計，採用信用証結算方式的貿易，佔日常世界貿易的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“單位協定存款郃同”，然後我行爲你在結算賬戶之上開立協定存款賬戶。
Individuals and foreign nationals in China shall not open exchange account for settlement in general case.
個人及來華人員一般不允許開立用於結算的外滙帳戶。

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