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Cross-border RMB settlement
Cross-border RMB settlement is an international settlement method provided by commercial banks for import and export enterprises with RMB as the settlement currency within the policy scope stipulated by the central bank.

RMB cross-border trade settlement platform

The online trade and RMB cross-border settlement platform for enterprises and individuals with cross-border settlement needs realizes online transactions and completes cross-border payment and receipt in real time.

Extended information:

Cross-border RMB settlement

Commercial characteristics

The transaction success rate is high, which ensures the convenience and smoothness of cross-border business handling.

Support RMB transfer to all countries and regions in the world.

Simple operation, fully electronic online operation, which can be collected and paid by Gong Hu and private families.

Online cross-border transfer, fast arrival.

Support RMB cross-border receipt and payment to avoid the risk of exchange rate fluctuation.

Application conditions

1. It has been approved and registered according to law, and has a business license as a legal person or other valid documents that can prove its business legitimacy and business scope;

2. Have the right to operate import and export;

3. Import and export enterprises in the Measures for the Administration of RMB Settlement of Cross-border Trade approved by the People's Bank of China and its detailed rules and relevant administrative regulations.

deal with

When handling cross-border transfer business, your account number needs to be verified by the real-name registration system, and the process is as follows:

I. Opening electronic accounts and cross-border settlement business

Second, fill in the payment elements and carry out the transfer process.

Three. Payee collection

Qualified enterprise

Enterprises with cross-border foreign exchange payment licenses

In March, SAFE issued "Guiding Opinions on Pilot Foreign Exchange Payment Services of Payment Institutions in cross-border electronic commerce", and decided to carry out pilot projects in Shanghai, Beijing, Chongqing, Zhejiang and Shenzhen. Payment institutions participating in the pilot are allowed to centrally handle cross-border foreign exchange collection and payment and settlement and sale of foreign exchange for e-commerce customers.

Shanghai area

Eight payment companies, including Huanxun Payment, UnionPay Electronic Payment, Dongfang Electronic Payment, Tonglian, Kuaiqian, Shengfutong, Remittance Tianxia and Fu You Payment, are allowed to carry out the foreign exchange payment business pilot in cross-border electronic commerce. Oriental electronic payment business is limited to trade in goods, and the other seven companies are limited to trade in goods, education for studying abroad, air tickets and hotel accommodation. PayPal, headquartered in Chongqing, has been approved to pilot, and its business type is limited to trade in goods.

Beijing area

Rongtong, Ainong Post Technical Service Co., Ltd., Qiandai.com and Yinyingtong were allowed to be piloted. The business scope of the first two companies is limited to trade in goods, education for studying abroad, air tickets and hotel accommodation, while the business scope of Qiandai.com is limited to trade in goods, and the business scope of Yinyingtong is limited to trade in goods, air tickets and hotel accommodation.

Shenzhen area

Tenpay and Qian Bao Science and Technology were allowed to carry out pilot projects. The business scope of the former is limited to trade in goods, air tickets and hotel accommodation, while the latter is limited to trade in goods.

Hangzhou area

Alipay and Beifu Technology were approved for pilot. The business scope of the former is limited to trade in goods, education for studying abroad, air tickets and hotel accommodation, while the latter is limited to trade in goods and education for studying abroad.