There are several payment and settlement methods.

1. According to payment forms, payment and settlement methods can be divided into cash and non-cash settlement methods;

2. If the payment and settlement places are different, it can be divided into three ways: settlement in the same city, settlement in different places and general settlement;

3. According to payment and settlement tools, it can be divided into bill settlement and non-bill settlement.

4. According to the national boundaries of payment and settlement, it can be divided into domestic settlement and international settlement.

Principle of payment and settlement

1, in the process of payment and settlement, we should have the spirit of contract, be honest and trustworthy, and fulfill the payment agreement on time;

2. Commercial banks only act as intermediaries when handling payment and settlement business for customers, and must pay the corresponding amount to the designated payee according to the entrustment of depositors. In the process of handling this business, they are only responsible for the transfer of funds between the two parties and cannot advance funds for customers.

3. The depositor who pays the settlement account has the right to freely control the funds in his account, except for some agreed funds.