RMB Cross-border Forward FX

Description

RMB Cross Border Forward FX is a facility enabling domestic branches to convert the RMB funds to other currencies or other currency funds to RMB and complete Forward FX deals and funds settlement on the value day .

Structure

Advantages

CCB Sydney will convert RMB into other currencies or other currency into RMB on the value day at the fixed Forward FX rate under the instruction of CCB domestic branches. The facility will allow clients to take advantage of the Forward FX price difference between CNY and CNH markets.

● Time zone advantage;

●Same day processing.