Corporate Group International Settlement and Trade Finance Solution
I. Introduction: ICBC offers tailored solution for large corporate groups to centralize their processing. ICBC Internet Banking and Bank-Enterprises Interlink enable corporate group customers to centralize payment and collection of remittance, international settlement and trade finance among the member companies in different places.
II. Objectives: Assist large corporate groups to centralize the company funds, business and information, reduce business cost and increase the efficiency in the use of funds so as to strengthen the intensive management and control the risk.
III. Features: 1. Trade documents in one place: ICBC centralized processing in international settlement enables all information on L/C and documents are delivered to corporate groups from ICBC L/C Document Center in real-time. Customers can get the information faster, in more details; 2. Wide network of outlets. ICBC outlets cover all corners of China, More than 16000 outlets are ready to serve all the corporate groups to centralize their management on the funds in their member companies in wider range. Besides, ICBC subsidiaries in overseas are undergoing centralized processing. This paves the way for ICBC to offer solution for corporate groups to centralize manage their overseas companies across the world; 3. Service in home and foreign currency: ICBC large settlement network in home and foreign currencies is a guarantee for corporate groups to realize their long-term goal of centralized management on their business and company funds in their home currency and foreign currencies.
IV. Statement Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final right of interpretation. Refer to the announcements and regulations of local branches for further details.