——Direct Settlement Enables Faster Foreign Trade and Economic Transactions

　　Harbin Bank provides multi-currency, multi-method cross-border settlement services and advisory on sanctions risks. We tackle challenges like inefficient cross-border settlement channels, excessive intermediaries, and low clearing efficiency, ensuring secure and prompt payments and receipts.

　　Applicable Clients

　　Enterprises with cross-border fund settlement needs, including foreign trade and investment businesses.

　　Service Content

　　Multicurrency Cross-border Settlement: Harbin Bank offers cross-border settlement services in a range of currencies, including USD, EUR, GBP, and HKD, as well as specialized RMB settlement services. These solutions help reduce exchange costs and streamline transaction completion.

　　Multiple Cross-border Settlement Methods: We provide international settlement services via remittance, collection, and letters of credit. Leveraging our robust interbank credit channels, we offer import letter of credit issuance and export letter of credit negotiation and settlement services. This helps both parties in the trade reduce fraud risks and ensure the security of settlement funds.

　　Direct Cross-border Settlement: You can select Harbin Bank as your Chinese settlement bank and a foreign bank with an account relationship with Harbin Bank as your foreign settlement bank to benefit from fast, direct settlement services, ensuring prompt fund transfers.

　　Specific Products

　　Service Advantages

　　Professional Advantage: Harbin Bank boasts a specialized cross-border financial services team, offering expert consulting and advisory services for all your settlement needs.

　　Channel Advantage: Harbin Bank maintains an extensive network of correspondent and account banks, boosting the straight-through rate for cross-border settlements and resolving issues such as blocked settlement channels, inefficiencies due to numerous intermediaries, and time zone differences.