We provide flexible RMB product for corporate financing and settlement business, including RMB cross border settlement, RMB deposits, international clearing, financing, and finance market related products.

Products
Remittance, LC/bank guarantee advice, transferable LC, LC negotiation, export collection, LC/ Standby LC, import collection, BL endorsement, Delivery against Bank Guarantee, non-financing guarantee, import TR, export TT financing, buyer usance LC, import factoring, prepayment financing, packing credit, export discounting, forfaiting, export invoice financing, export factoring, ordering finance, account overdraft, working capital loan, project loan, syndicated loan, seller's credit on export and RMB derivatives products, structured trade finance and global capital pool management.

Advantages
----Strong liquidity position in RMB, good Interest rate
ICBC can fulfill your RMB needs and price since ICBC has the biggest RMB position.
----Convenient procedure increase your capital turnover
You can apply for low risk RMB international settlement business immediately after account has been setup.
----various hedging products lock your risk
With the RMB Deliverable Forward, Non-deliverable Forward and other derivatives, you can have your exchange risk hedged.
----Benefit from the ICBC national-wide network, you can collect your money at any bank anywhere in mainland China.

ICBC also has a global network with 1,562 corresponding banks and more than 200 oversea branches. In addition to our wide range group’s product pool, we are happy to provide you customized products to fit your needs.