Do cross-border platforms accept US dollars and RMB?

Cross-border platforms receive RMB from US dollars.

1. It shall be handled on the day when the payment instruction is received, and payment shall not be delayed.

2. If the remittance currency is the same as the payee's account currency in the payment instruction, it will be recorded directly in the original currency.

3. If the remittance currency is foreign currency and the payee's account currency in the payment instruction is RMB, according to the relevant regulations of the State Administration of Foreign Exchange, we will settle foreign exchange for you according to the real-time foreign exchange quotation.

4. If the remittance currency is foreign currency, and the payee's account currency in the payment instruction is another foreign currency, it will be arbitrage for you according to the real-time foreign exchange rate and recorded.

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