Product Name

RMB Pre-Settlement Remittance

Product Description

We permit individual customers to remit U.S. dollars & Euro for Renminbi settlement in advance to other individuals located in Mainland China. The remittance amount per customer shall not exceed $50,000 U.S. dollars per year. The Renminbi exchange rate is locked at the time of remittance, and the payee will received that fixed amount Renminbi in Mainland China.

Target Customer

All our customer with current a/c.

Process

Beneficiary’s ID No. should be presented, others same as outward remittance.

Please contact us for more details.