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:

1. Issuance and Payment of Letter of Credit in RMB
2. Bank Guarantee (Payment Guarantee for Supply of Goods only)
3. Inward and Outward Remittances
4. Advising, Confirmation and Export Bill for Payment under Letter of Credit in RMB
5. Documentary Collection (Import and Export)
6. 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