Corporate Banking

Multi-currency Clearing

1. Product Profile

In order to meet the individualized receipt and payment needs of customers in different currencies, the Bank can do clearing in minor currencies (non-mainstream currencies characterized by small business volume and low frequency) through the clearing bank. The Bank has opened the clearing services (exchange receipt and payment) for converting the clearing accounts in USD and EUR into minor currencies.

2. Product Features

(1) Payment can be made to 160 countries by converting over 20 basic currencies into more than 100 currencies.

(2) In addition to reducing the banking service cost, it can also improve efficiency of cross-border remittance in foreign currency significantly.

3. Business Procedures

Document to be submitted to the Bank include the application for remittance, remittance information, and letter of confirmation on exchange rate, etc.

Please call our customer service hotline 95561 or contact local branches to conduct this business, and you will be reached by our staff.