华夏银行:人民币NRA账户服务助力境外企业走进来

Huaxia bank: the NRA account service power overseas enterprise came in

Overseas companies in China to open the account? B: yes. A few days ago, huaxia bank wenzhou branch successfully registered in Hong Kong for a foreign enterprise to open the NRA account, so that the bank service object from domestic institutions further extended to foreign organizations, for the overseas enterprise "into" to provide convenient and settlement, financing and financial services. It is reported that so far, huaxia bank NRA business has covered 25 provinces and cities for the bank, the rapid development of international business to a comprehensive layout.

As we have learned, the NRA (will RESIDENT ACCOUNT) ACCOUNT full foreign organizations domestic RMB ACCOUNT, it is to point to in the overseas (including country, Hong Kong, macau and Taiwan area) was registered legal institutions in the territory of the bank in China to open a RMB bank settlement ACCOUNT. Overseas enterprises and institutions in China as long as Banks to open the NRA account, and a domestic enterprise of cross-border RMB business in this account can be completed in the receipt and payment RMB.

Huaxia bank's international business department staff is introduced, the NRA account service can help foreign enterprises, especially foreign enterprise "into", opened the NRA account of foreign enterprise can deal with deposit, remittance, bill business, global cash management, etc, also can deal with import and export settlement and trade finance, etc. For the overseas enterprise is concerned, the NRA account to provide financial services have reduce the enterprise cost, avoid exchange rate risk, expand the financing channels, and other important role.

First, the NRA account for overseas enterprises can save enterprise cost. RMB as a trade settlement currency, and import and export payments without change, managing enterprise exchange, liquidation, hedging, etc, and at the same time, the cost for cross-border group clients, use RMB settlement will enable enterprises to be more agile efficient management group funds, improve the whole group efficiency in the use of funds.

Second, to avoid exchange rate risk. The current global economic growth to slow further, the developed economies implement a new round of quantitative easing monetary policy, will lead to cross-border capital flow frequent, exchange rate fluctuations and inflation risk increase. In view of its currency stable, the international market acceptance, rising use renminbi as the settlement currency, not only can enjoy the convenience of cross-border trade RMB settlement, and can effectively prevent exchange rate risk.

In addition, outside the enterprise can directly use the NRA account to expand the financing channels. The NRA account of funds on the one hand can enjoy domestic interest rates; On the other hand can be used as a pledge financing within the territory within the territory.

Overseas enterprise how to open a RMB NRA huaxia bank account? According to introducing, need to fill in the account opening application form, provide overseas enterprise legal documents of proof, was registered in China and to carry out related activities based on the laws and regulations or the competent government department approval documents and account opening information. In accordance with the regulations, the foreign enterprise in China can only open a basic deposit account, but can according to the needs of the cross-border RMB business, open a general deposit account and a special deposit account.