Personal cross-border RMB settlement

About the product

Cross-border trade RMB settlement services that the Bank provides to qualified individuals within the policy scope of regulatory authorities (pilot).

Product features

Individual-oriented, compliance with the "principle of actual needs", pricing in local currency, cross-border settlement, freedom from exchange rate risks and saving exchange costs.

Application

Domestic and foreign natural persons engaged in cross-border trade in goods and services.

Rate

Please refer to the relevant charging standards of RMB remittance and document business of the Bank.