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RMB Payment & Clearing
CCB London Branch offers real-time settlement services via the most appropriate payment systems, including CIPS (Cross-Border Inter-Bank Payments System), CNAPS (China National Advanced Payment System), HK RTGS (Hong Kong Real Time Gross Settlement Payment System) or via book transfers. Cross-border remittances to and from Mainland China must also comply with the relevant rules and regulations of the People's Bank of China.
Designated RMB Clearing Bank
CCB London Branch is the official RMB clearing bank in the UK designated by the People's Bank of China. CCB Group maintains a global leadership in the field of cross-border RMB clearing, and helps customers' RMB clearing business with extensive clearing network coverage and global integrated system. We have established a solid foundation for quick, accurate and safe RMB clearing on a global scale. The London Branch is based in the local area, providing institutional clients with the best RMB clearing products with its rich experience, professional team, and multilingual clearing and inquiry services.
Extensive network
CCB has an extensive network of banks around the world and CCB London Branch is the largest RMB clearing bank outside Asia. These advantages provide a solid foundation for fast and secure global RMB clearing, making us the preferred choice for access to the world's second largest economy.
Major RMB liquidity provider
CCB London Branch is a major RMB liquidity provider with strong RMB foreign exchange and funding capabilities.
