B · Normal
[Bank of China: Can provide foreign exchange services in more than 100 currencies to solve the pain points of cross-border settlement] On August 28, Zhang Hui, President of the Bank of China, said that currently, domestic enterprises have shifted from commodity exports to a new stage of coordinated overseas expansion of technology, capital, brand, and standards, showing new characteristics of globalization of layout, localization of operations, and digitalization of management. Bank of China will seize the opportunity, iterate and innovate products and services to escort enterprises overseas.
In the field of cross-border payment and settlement, Bank of China has focused on the pain points of few currencies and slow timeliness. Currently, the number of listed currency pairs has reached 45, and it can provide foreign exchange services in more than 100 currencies. This year, new small currencies such as Zambia, Romania, and Mauritius have been added for the settlement and sale of foreign exchange. At the same time, the Bank of China has upgraded the cross-border remittance intelligent middle platform to enhance the intelligent straight-through processing capabilities of the business.
Comments