Banks ready to customize services for CIIE
September 13, 2018
China’s banks and their foreign counterparts will offer tailor-made financial products and services to meet the various needs of exhibitors and buyers expected to come for the China International Import Expo held in November in Shanghai.
The Industrial and Commercial Bank of China, the country’s largest commercial lender, said that it will launch an efficient and cost-saving payment solution called “ICBC Quick Remittance” for the expo and customers.
ICBC will tap its strong global clearing network to offer its customers same-day cross-border payment through multiple channels like at the counter and Internet banking platform, Cao Qi, vice president of the bank’s Shanghai branch, said during an event held by the Shanghai Banking Association yesterday.