In the modern economy, liquidation of funds is one of the important links in financial transactions, and its main role is to ensure the security and efficiency of transactions.

There are two main methods of liquidation of funds, one is physical liquidation, i.e. liquidation of transactions by actual transfer of funds or securities; the other is monetary liquidation, i.e. liquidation of transactions through transfer of accounts between banks. Modern financial markets often use monetary liquidation to liquidate funds, because monetary liquidation is faster, safer, convenient and easier to realize cross-border transactions.

In cross-border trade, fund clearance is especially important. Traditional cross-border payment methods often have high processing fees and time delays, and under foreign exchange controls in some countries and regions, funds are restricted and audited. Therefore, modern cross-border payment methods use electronic payment and money transfer methods to improve efficiency and reduce costs.

In recent years, with the continuous development of blockchain technology, cross-border payments based on blockchain have also begun to emerge. Blockchain technology can enable decentralized payments without the need for third parties, while improving the security and traceability of payments, and is expected to become the mainstream form of cross-border payments in the future.

In short, liquidation is an indispensable link in modern financial markets, and innovation in how it is implemented will greatly promote the development of financial markets and facilitate cross-border trade.