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Guangxi to start regional cross - border RMB business platform
Recently, the regional cross-border RMB business platform (Nanning) officially launched. After the completion of the platform, the Guangxi area of 47 banking institutions 2500 business outlets through the platform for cross-border RMB payment business.

        It is understood that the regional cross-border RMB business platform (Nanning) is relying on the Guangxi financial electronic settlement integrated business system, the integration of cross-border banking business clearing (settlement) system and its overseas agents line resources, built to Nanning as a hub , Radiation Hong Kong and Macao, ASEAN and South Asian countries, the planning of funds "highway." The platform for banks and clients to provide a full range of cross-border RMB trading channels, focus on cross-border RMB remittance and cross-border renminbi import business.

        At present, the Industrial and Commercial Bank of China, Bank of China and China Construction Bank Guangxi Branch has become the intermediary agent of the platform, connecting a total of more than 1,000 overseas agents, overseas business covering Hong Kong, Macao and Vietnam, Cambodia, Singapore and other ASEAN countries, Guangxi area of 47 banking institutions 2500 business outlets can be through the platform for cross-border RMB payment business.

        It is understood that the regional cross-border RMB business platform (Nanning) has opened the "RMB cross-border transactions" business category, to support cross-border cross-border export business and cross-border import business. The specific processing process is: the customer to submit the RMB foreign business applications, the bank in the platform to meet customer requirements to meet the intermediary agent line, the intermediary agent will eventually remitted to customers outside the capital, to achieve the RMB in the ASEAN region and the global cross-border Settlement.

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