Can you introduce the foreign currency settlement business of corporate online banking?

Foreign currency settlement is the main product of international trade payment settlement, that is, foreign exchange income enterprises sell their foreign exchange income to designated foreign exchange banks, which pay the equivalent local currency at a certain exchange rate. Can be used as required: current account foreign exchange account, current account and capital account (formerly: settlement of foreign exchange in capital account), and account to be verified (formerly: settlement of foreign exchange in account to be verified). Online banking supports automatic demand settlement and bank audit settlement. The transaction can be initiated through the web browser channel/docking channel.

Tips:

1. The traditional foreign currency settlement business process of counter channel includes your counter delivery, counter review of documents, accounting treatment and return of documents to you.

2. You are allowed to submit foreign currency settlement business within 7×24 hours, and then go to the bank for processing (the bank processing time is 9: 00- 17: 00 on working days).

3. The quotation for "foreign currency settlement" is the core real-time quotation, and the final transaction quotation is subject to the quotation when your transaction is successfully submitted to the bank.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.