Shanghai's Bank of China RMB community to organise cross-border trade
Cross-border trade in RMB clearing business management will soon be introduced, the operational pilot of the relevant preparatory work for the bank also entered a critical stage. The reporter learned from the first pilot of the upcoming Bank of China Shanghai Branch was informed that the bank co-operation with the first trip overseas reached a cooperation, the RMB settlement of cross-border trade has made new progress in the preparatory work.
Following the system construction, system testing, commissioning and transfer of funds related to the smooth progress of work, the Bank co-operation with the first trip overseas reached a cooperation. Business lines, including both overseas agents, but also the Bank of China overseas branches, which will cover China's "going out" is more focused on business needs of the countries and regions. It is worth mentioning that, with the exception of Asia, the Bank of China's RMB clearing clearing cross-border trade will also be extended to a global network of all major countries and regions, including the African continent.
Be included in the scope of this pilot Bank of Communications, Shanghai, Guangdong, Shenzhen, Zhuhai, Dongguan Branch 5 pilot cities, as well as overseas branches in Hong Kong and Macao, the pilot has completed the preparatory work, including a positive contact with the enterprises, and foreign banks agreed to negotiate the liquidation accounts and accounts opened, and the transformation of internal systems and business operations, the establishment of management systems. The bank is now ready to import the project involves issuing, to permit notice in advance, such as prepaid international settlement money.
People in the trade, the RMB town of a navigate cross-border trade are all part of the banking programs and hardware obligations are arranged to move higher, in which a mature mesh of overseas agencies to encourage the thriving enterprise will be the key.
Bank of China said that the line cross-border trade community connected to the training of the RMB has been in position, pending the commendation of pertinent sections, can be through "agents" or "clearing house" mode to bear out deal and trade overseas trade making clear and trade money operations. - 18423
Following the system construction, system testing, commissioning and transfer of funds related to the smooth progress of work, the Bank co-operation with the first trip overseas reached a cooperation. Business lines, including both overseas agents, but also the Bank of China overseas branches, which will cover China's "going out" is more focused on business needs of the countries and regions. It is worth mentioning that, with the exception of Asia, the Bank of China's RMB clearing clearing cross-border trade will also be extended to a global network of all major countries and regions, including the African continent.
Be included in the scope of this pilot Bank of Communications, Shanghai, Guangdong, Shenzhen, Zhuhai, Dongguan Branch 5 pilot cities, as well as overseas branches in Hong Kong and Macao, the pilot has completed the preparatory work, including a positive contact with the enterprises, and foreign banks agreed to negotiate the liquidation accounts and accounts opened, and the transformation of internal systems and business operations, the establishment of management systems. The bank is now ready to import the project involves issuing, to permit notice in advance, such as prepaid international settlement money.
People in the trade, the RMB town of a navigate cross-border trade are all part of the banking programs and hardware obligations are arranged to move higher, in which a mature mesh of overseas agencies to encourage the thriving enterprise will be the key.
Bank of China said that the line cross-border trade community connected to the training of the RMB has been in position, pending the commendation of pertinent sections, can be through "agents" or "clearing house" mode to bear out deal and trade overseas trade making clear and trade money operations. - 18423
posted by X - Men at
12:13 AM
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