- Real time payment solution:
collects the payment (RMB) from the customer, use this payment to purchase the corresponding foreign currency, and then will remit the sum to the receiving bank account of merchants in the settlement process. Currently, we support the settlement of 12 different foreign currencies.
|Fee Type||Fee Description||Fee level|
Free, No annual fee or guarantee deposit, used to cover:
|Transaction fee||Per transaction charge:||2.5%|
Settlement by turnover:
|will cover the remittance fee for the settlement banks. If there are any fees from the intermediary bank or the receiving bank, will not be responsible for those costs.|
|Exchange rate||will bear the currency exchange risk and costs||NONE|
- Valid international business license and completed application form.
- will verify the application materials as part of the application process.
- will also audit the application documents periodically.