Service Profile
International business agent for regional commercial banks is a service, with which, the China Merchants Bank serve as a correspondent bank and process international business on behalf of urban commercial banks and rural credit cooperatives already licensed to engage foreign exchange operations. For those regional commercial banks that are not yet given the right of foreign exchange operations, the China Merchants Bank helps them through recommendations.
Target Clients
Urban commercial banks and rural credit cooperatives
Function Description
Inward and outward remittance in foreign exchange; imports and exports bills settlement, buy & sell foreign exchange; bills collection, foreign exchange .
Service Features and Advantages
1. China Merchants Bank has a centralized, electronic and professional bill processing system;
2. China Merchants Bank has many branches and correspondent banks home and abroad;
3. China Merchants Bank boasts a powerful workforce specialized in foreign exchange
business.