Introduction

As the first nationwide professional bill dealing institution in China approved by the People's Bank of China, the ICBC Bill Dealing Center aims to provide safe, rapid, and diversified bill-related services through full adoption of professional and market-oriented principles, and the principles relating to appropriate scale and intensive operation.

The Bill Dealing Center provides the following services across the territory of China: discounting and rediscounting; REPO of a bill of exchange against bank acceptance or against commercial acceptance; custody of commercial bills; consultancy and verification of commercial bills; financial consultant service, and other agency services ratified by PBOC.

The Bill Dealing Center is a tier-one subsidiary of ICBC, the headquarters of which are located in Shanghai. With the development of business, branch offices will also be established in Beijing, Chongqing, Guangzhou, Zhengzhou, Xi'an, Shenyang, and other major cities.

The Bill Dealing Center officially started operation on Nov. 9, 2000. Since then, it has developed quickly in bill-trading business, such as the discounting and rediscounting of bills, REPO and reverse-REPO,, and has played an active role in the development of the bills market and the promotion of bills circulation in China. At present, it makes use of the electronic network and the advanced modern telecommunication approaches to reduce the distance to clients, to set up quicker communication channels, and to provide better services.

Add.: 133 Tiantong Road, Shanghai
Tel.: (021) 63065588
Zip code: 200080
Fax:（021）63562689
Market Dept.:（021）63254156、63254160、63253820