Aimed at the large and medium sized Chinese enterprises in Vietnam and neighboring countries, CCB Ho Chi Minh city branch would like to introduce and provide services in appropriate time to customers, such as RMB deposits, loans, settlements, clearing and other supporting services, which can be used to reduce transaction costs, avoid foreign exchange risks, and increase the credit supply and financing capacity in RMB compared to foreign currency. In addition, the branch will cooperate with the Guangxi and Yunnan branch in innovation of products and development of border trade business and attract more local banks to open RMB clearing account in CCB, to facilitate business expansion of enterprises both in China and Vietnam.
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Cross-border RMB Clearing and cross-border Trade Services
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