rmd trade

RMB Corporate Account

Grow your business in mainland China

RMB Corporate Account

Grow your business in mainland China

At a Glance
Manage remittances, foreign exchange and finance your trade efficiently in Renminbi.
money

More savings

Save on foreign exchange conversion charges

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Stronger ties

Strengthen business ties with your Chinese business partners by settling cross-border transactions quickly

Competitive edge

Mitigate FX risk and gain an advantage by paying in RMB

Features & Benefits
bussiness

Improve your supplier relationships in China

Faster tax rebates and lower supply chain costs for your supplier

money

Save on FX conversion charges

Avoid exchange risk if your company has both RMB inflows and outflows

How to Apply

You may apply via our Online Account Opening Service.

Alternatively, please download and complete the application form and submit it at any DBS SME Banking Centre.

You may also Make an Appointment or call DBS BusinessCare at 2290 8068.

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.