Perform cross-border trade transaction using RMB at OCBC & OCBC Al-Amin Bank branches and Velocity@ocbc!
RMB Cross-Border Trade Transaction: Services Available
Below are the product/services offered at OCBC & OCBC Al-Amin Bank branches:
- Issuance and Payment of Letter of Credit in RMB
- Bank Guarantee (Payment Guarantee for Supply of Goods only)
- Inward and Outward Remittances
- Advising, Confirmation and Export Bill for Payment under Letter of Credit in RMB
- Documentary Collection (Import and Export)
- Foreign Currency Account in RMB (coming soon)
It’s also available in Velocity@ocbc for Inward and Outward Remittances, Letter of Credit and Bank Guarantee
List of Eligible Enterprises for Cross-Border Trade Settlement
Please click on the link below to see the full list of eligible enterprises for RMB Cross-Border Trade Transactions.
List of Eligible Enterprises
Frequently-Asked-Questions
To read more on RMB Cross-Border Trade Transaction, please click on the link below.
RMB Cross Border Trade Transactions Frequently-Asked-Questions
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