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Cash and Accounts
RMB Corporate Account
Grow your business in mainland China
Build your relationships with suppliers and facilitate trade in mainland China with a DBS RMB Corporate Account. Through this account, we help you efficiently manage remittances, foreign exchange and finance your trade. We also help you save on foreign exchange conversion charges, thus easing your foreign exchange risk and gain a competitive edge by paying in RMB.
Why choose DBS RMB Corporate Account?
- Support your onshore and offshore RMB transactions with a single account
- Deposit and withdraw funds in the form of bank notes, local fund transfers and telegraphic transfers
- Access a wide range of RMB services including trade remittances, RMB exchange, overseas and local fund transfers, trade services and finance
FAQs
What is the daily withdrawal limit with the RMB Corporate Account?
There is no daily limit for cash withdrawal with the RMB Corporate Account.
Can I make RMB inward and outward remittances from an RMB Corporate Account?
Yes, as there is no restriction for inward and outward RMB remittance outside mainland China. For RMB inward and outward remittance within mainland China, it is subject to PRC regulations and guidelines.
How do I apply?
Simply call our DBS Business Care at 2290 8068 to fix an appointment. Our Relationship Manager will be glad to assist you.
Get in Touch
DBS BusinessCare: 2290 8068