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Cross-border RMB Settlement

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Cross-border RMB Settlement

Overview  

Taking cross-border RMB settlement as the entry point, the CDB has played an important role in implementing China’s economic and diplomatic strategies and resource globalization strategy and developing the national financial infrastructure through foreign institution RMB account management and channel network system building, so as to meet Chinese and foreign clients’ demands for cross-border RMB transactions.

Core Products

Cross-border RMB export collection

Cross-border RMB import collection

Cross-border RMB export letter of credit

Cross-border RMB import letter of credit

Cross-border RMB remittance

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