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RMB Clearing

Your single gateway for world-wide RMB clearing service

As the London RMB Clearing Bank License holder and accomplished by a state of the art in-house developed Global Multi-currency Payment System, CCB provides real-time settlement services for cross-border remittances via the most appropriate payment system, CNAPS (the China National Advance Payment System) and HK RTGS (Hong Kong Real Time Gross Settlement payment system) or via book transfer;  CCB teams (Beijing, London, New York) process a 20-hour not-stop RMB Clearing as well as a 24-hour enquiry service covering all time zones.

Background

CCB London was designated as the London RMB clearing bank on June 18th, 2014. This was the first time such a title has been granted by the People’s Bank of China outside of Asia.

Key Features

1. Integrated in-house developed global payment system with Straight Through Process (STP).

2. CCB teams (Beijing, London, New York) process a 20-hour not-stop RMB Clearing service as well as a 24-hour enquiry service covering all time zones.

3. Guarantees and full support from the Parent Bank.

4. Broad clearing network. CCB London Clearing Bank is a direct member of CNAPS, the main Chinese RMB payment system; and participates in the HK RTGS clearing via CCB HK branch; continuously increasing our correspondent relationships globally enables a good book transfer rate.

Clearing bank information

Option 1:

Open a RMB clearing account with CCB London Clearing Bank

Bank NameChina Construction Bank (London) Limited

CNAPS105100011187

SWIFTPCBCGB2LCLR

Option 2:

Open a RMB clearing account with CCB New York Branch

Bank NameChina Construction Bank New York Branch

SWIFTPCBCUS33XXX

Contact Info

Tel: 1-646-781-2486/2425

Fax: 1-212-207-8288

E-mail: CCBNY.FI@ccbny.com