An ideal choice for Thai enterprises using RMB for international business

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Diversifies exchange rate risk

Diversify your exchange rate risk with a service that is ideal for large enterprises with operating cash flows in a single currency

Opportunity to expand client base

Expand your client base, especially among small enterprises

Better Transparency

Enjoy greater transparency in pricing as there is no need to quote prices in a third currency

More efficient financial management

Direct connectivity to China's CIPS and faster transaction processing

Our Expertise

We provide comprehensive RMB Cross Border Trade Settlement Services for companies which do business with counterparties in China or with partners in Chinese business networks. Our RMB services cover International Trade, Trade Finance for Export and Import, International Remittance, Currency Exchange Forward Contract and Foreign Currency Deposit Accounts.

Besides, we have enhanced the efficiency of international trade payment transactions in Chinese Yuan (CNY) and enabled payment tracking capability. This improvement is made possible by the bank's ability to directly send and receive Chinese Yuan transactions to China's payment system, minimizing the need for correspondent banks. Bangkok Bank is the first Thai bank to join, as a direct participant, the Cross-Border Interbank Payment System (CIPS), the payment system established and supervised by the People's Bank of China. When making international trade transactions in Chinese yuan through the CIPS, you can continue to use the bank's various channels, such as business centers, branch, iCash and iTrade as usual.

Bangkok Bank’s extensive experience in China and Hong Kong, combined with our depth of knowledge in RMB Cross Border Trade Settlement mean we can support you to efficiently manage your international business using RMB.

Our RMB International Trade Service includes:

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