Renminbi Offshore Trade Settlement Service

Renminbi Offshore Trade Settlement Service

Win more business in China with UOB's Chinese Yuan Renminbi Offshore (CNH) Cross-Border Trade Settlement Service.

Benefits

Attract more business from Chinese enterprises

Attract more business from Chinese enterprises

Chinese companies prefer CNH, boosting your edge and trade deal chances.

Benefit from China's immense market potential

Benefit from China's immense market potential

Access China's vast consumer base and strong supply chain to grow your business.

Manage your risk by transacting in CNH

Manage your risk by transacting in CNH

Transact with ease using CNH as your cross-border trade settlement currency.

At a glance

  • Services
  • Description
Services Description
Chinese Yuan Current Account Opening For the purpose of facilitating eligible trade transactions between you and the eligible pilot enterprises.
Trade Transactions • Issue and receive LCs denominated in CNH Settlement will only be carried out after receipt of compliant documents • Handle trade collections in CNH • Provide you with Foreign Exchange rates for settlement of trade transactions
Trade Related Payments • Send and receive trade related payments (MT103) in CNH • Provide you with Foreign Exchange rates for settlement of trade related payments
Foreign Exchange Rates Competitive buying and selling rates for CNH (value spot)
Services
Chinese Yuan Current Account Opening
Trade Transactions
Trade Related Payments
Foreign Exchange Rates

Ready to apply?

Ready to apply?

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Have questions?

Have questions?

Speak with us

Speak with us

Visit your nearest branch

Visit your nearest branch