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ICBC Turkey Mobil Branch

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RMB

RMB (Renminbi) is the name of Chinese Yuan with the official currency code CNY. As the 6th international payment currency in the world, RMB has been one of the five SDR currencies officially since October 2016.

RMB Advantages
Time Saving
RMB payments will reach in a much shorter time to China.
Cost Cutting
Making payment directly in RMB avoids surcharge and brings down the cost.
Competitive Edge
Affecting payment in RMB improves the business relationship and increases the negotiation power with China-based partners.
Investment Opportunity
Investing reserves in RMB may offer benefits from a potential appreciation of RMB.
Risk Averseness
We offer multiple solutions (swap, forward, option, etc…) to mitigate RMB risk.
Plentiful RMB Products
Deposit, loan, trade finance, international settlement, etc...

ICBC Turkey is committed to providing its customers with premier RMB services globally including but not limited to deposits, loan, investment, remittance, trade finance, bonds and other comprehensive financial services through our extensive cross-border network, with its professional team ready to assist you in the process of the ever-closer economic integration between Turkey and China.

RMB Products
Deposits
There are ranges of deposit tenors to choose from and enjoy preferential rate.
Loan
There are ranges of loan tenors to choose from and enjoy preferential rate.
Exchange
Conducted through various service channels without any limitation on the amount, especially for RMB-TL exchanging, also, our no commission exchange service and preferential exchange rates help grasping every RMB opportunity.
Remittance
Convenient remittance service processed via any of our branches.
RMB Trade Finance
Letter of Credit, Letter of Guarantee, Forfaiting, etc.
Derivatives
RMB ↔ TL: Forward, Swap.
RMB ↔ USD, EUR and other international currencies: Forward, Swap, Option.
Bonds
Bond issuance denominated in RMB for clients both in the Mainland China Market and all over the world.
We can offer services to FIs and sovereign Funds, who consider investing into CIBM(China Interbank Bond Market).

ICBC Turkey is a member of ICBC Group.

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