Industrial and Commercial Bank of China

Industrial and Commercial Bank of China (ICBC) was founded in 1984 and is one of the largest commercial banks in China, enjoying a high reputation in the financial industry both domestically and internationally. Its business scope covers corporate finance, personal finance, and investment banking, especially playing an important role in cross-border mergers and acquisitions financing, international bond issuance, and other areas. The cross-border business of Industrial and Commercial Bank of China mainly includes cross-border RMB business, cross-border financial services, international remittance, and cross-border remittance services. These businesses aim to provide comprehensive cross-border financial services to both corporate and individual clients, meeting their trade, investment, and daily financial needs on a global scale.

Cross border RMB business is an important service of Industrial and Commercial Bank of China, including cross-border settlement, financing, investment, and trading. Enterprises can conduct RMB cross-border settlement through Industrial and Commercial Bank of China, which is applicable to projects such as goods trade, service trade, income and current transfer. In addition, cross-border RMB business also includes innovative business in free trade zones, utilizing the policy advantages of free trade zones to provide cross-border centralized payment and free exchange services for domestic and foreign currency funds.

In terms of cross-border financial services, Industrial and Commercial Bank of China provides a variety of financial products and services to enterprises and individuals through its vast network of domestic and foreign institutions and advanced technology systems. For enterprises, services include ICBC remittance, account opening witness, credit certification, etc; For individuals, services include ICBC Express, wire transfer, etc. to meet the needs of different customers.

International remittance service is another important service provided by Industrial and Commercial Bank of China for enterprises, suitable for situations where enterprises need to collect or pay various fees such as goods, capital, dividends, etc. in cross-border business. Industrial and Commercial Bank of China offers various remittance methods, such as Global Express and Direct Remittance, to ensure the safe and efficient transfer of funds.

Finally, Industrial and Commercial Bank of China's cross-border remittance services include ICBC Express and wire transfer, which can provide fast and economical remittance solutions, reduce transit costs, and enhance customers' competitiveness in international trade.