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Agency Settlement Service for Other Banks

Overview
The Agency Settlement Service for Other Banks is provided by ABC to other banks for settlement purposes such as money transfers and payments of bank drafts in accordance with the Administrative Rules on Payment and Settlement and the Administrative Rules on Agency Service for Payment and Settlement.

Features
Fast and easy, this service satisfies the needs of other banks to provide settlement services such as bank drafts, money transfers, collections, acceptances, and entrusted collections.
Target Customers
Policy banks, joint stock banks, city commercial banks, city credit cooperatives, and rural credit cooperatives established with the approval of the PBOC.
Tips
1. The bank that needs agency settlement services signs an agency agreement with ABC.
2. The agency RMB settlement service shall comply with the Administrative Rules on Agency Service for Payment and Settlement formulated by the PBOC.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599

Outlet

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