Services

The First One-Stop Cross-Border Payment Platform

RMB Pay is a two-way RMB-AUD payment platform of trade and service for both Chinese and Australian businesses by a third-party payment gateways designated by the People’s Bank of China, supervision under the People’s Bank of China.

Chinese Importer now can pay in RMB in Chinese bank, and Australian Exporter can get pay in AUD in Australian bank, No more USD required.

RMB pay has overcome the payment bottle neck for Australian Exporter under FTA, not affected by Chinese government foreign exchange control,

Large amount transaction for each business from RMB 50B quota under FTA

Out of China: Up to 8 million RMB / day,

Into China: Up to 15 million RMB/ day.

Security: The payer reserve account is under the supervision of the People’s Bank of China, the amount is belong to payer before shows up in receiver’s own account.

Fast settlement: 3-5 days.