Bank of China's cross-border trade RMB settlement business exceeded 1.1 billion yuan

Xinhua Beijing, December 22 (reporter Liu Shiping Bai Jiechun) Bank of China announced 22nd, as of December 21, BOC's Cross-border trade in the total amount of RMB settlement business has exceeded 1.1 billion yuan, the first Cross-border trade RMB business volume exceeded 1 billion yuan mark of the bank.　　Officials in the bank said since July 6 this year, the completion of the first domestic cross-border trade renminbi settlement business, Bank of China has more than 40 domestic and foreign enterprises for import and export certificates, exports to permit, remit remittances, remittances and other cross-border trade renminbi settlement business more than 120, the total amount of more than 1.1 billion yuan.　　3rd this month, BOC Shanghai Branch for a large enterprise to open a sum of 214 million yuan letter of credit, refreshing the Cross-border trade renminbi settlement pilot since the start of a single maximum record. According to first, BOC has been in Hong Kong, Macao, as well as Indonesia, Singapore, Thailand, Malaysia, Brazil, Russia and other land to handle the local first Cross-border trade renminbi settlement business. As the only renminbi clearing bank in Hong Kong, BOC Hong Kong has opened RMB accounts for more than 5,500 local companies and has handled nearly 300 of the business, with a total amount exceeding 2.1 billion yuan.